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UK banks press on with tokenised deposits after BoE stablecoin warning
Yahoo Finance· 2025-09-26 08:03
By Phoebe Seers LONDON (Reuters) -Britain's biggest lenders are pushing ahead with plans to launch tokenised versions of customer deposits next year, a move that follows Bank of England Governor Andrew Bailey's plea to prioritise the technology over stablecoins. Tokenisation typically refers to creating digital representations of assets such as deposits, stocks and bonds that are stored on a blockchain. Proponents say they can make transacting faster, cheaper and safer. Banks including HSBC, NatWest and ...
Brian Armstrong hits back at banks and talks fintech super app plans
Yahoo Finance· 2025-09-22 12:30
Coinbase’s CEO says the crypto exchange is no longer just a trading venue — it’s building a fintech “super app” that can replace legacy banks. “We do want to become a super app and provide all types of financial services,” Brian Armstrong told Fox Business. “We want to become people’s primary financial account.” Armstrong also hit back against the banking lobby for “throwing a wrench into things” by responding to the challenge from crypto companies by warning that a new US stablecoin law, the Genius Act, ...
Asian Crypto Landscape This Week: India Audits, Japan Facilitates Expansion, Vietnam Dubuts Crypto Exchange
Yahoo Finance· 2025-09-21 11:46
Asian crypto momentum is in full swing. Regulators are warming up to exchanges, and banks and fintechs are exploring tokenisation. The entire region is looking like a serious playground for digital assets. Here’s what transpired this week in the Asian crypto landscape. Vietnam Gears Up For A Crypto Exchange Debut Vietnam has emerged in the Asian crypto landscape as a promising destination for crypto enthusiasts in the last few years. The country recently greenlit a pilot program for cryptocurrency excha ...
Gemini’s Cameron Winklevoss says tokenisation will jailbreak equities — ‘groundbreaking’
Yahoo Finance· 2025-09-18 15:10
Gemini co-founder Cameron Winklevoss is gushing over Paul Atkins. On Wednesday, Winklevoss called the new US Securities and Exchange Commission chair’s deregulatory blitz a “seminal” moment for US equities markets. The blitz has been referred to as Project Crypto. “This Commission is taking markets onchain. That’s the TLDR of Project Crypto,” Winklevoss said. “It’s probably one of the most groundbreaking things I’ve read in a very, very long time.” Crypto advocate The praise highlights the dramatic s ...
DBS, Franklin Templeton, Ripple team up on tokenised money market fund trading
Reuters· 2025-09-18 01:03
DBS Group has partnered with U.S. asset manager Franklin Templeton and blockchain firm Ripple to offer accredited and institutional investors trading and lending services using tokenised money market ... ...