China

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech

State Street, a major financial institution with $36 billion in assets, is exploring the integration of blockchain technology to modernize legacy finance systems. The bank aims to enhance transparency, efficiency, and security in financial transactions through the use of distributed ledger technology. State Street's initiatives include developing digital asset services and collaborating with fintech companies to innovate financial solutions. The move reflects a broader trend in the banking sector towards adopting blockchain to improve operational processes and meet evolving client demands.

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Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

The White House confirmed that Bitcoin seized from the Samourai Wallet has not been sold. This statement comes amid speculation regarding the fate of the cryptocurrency, which was part of a larger seizure linked to criminal activities. The administration emphasized that the Bitcoin remains in custody and has not been

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Robinhood has introduced a new feature called "Custom Combos" in its prediction market, allowing users to create personalized bets on various outcomes. Unlike traditional parlays, these Custom Combos enable users to combine multiple predictions into a single wager. The feature aims to enhance user engagement by offering more

Crypto developer protections don't belong in market structure bill, senators say

Senators have expressed that protections for crypto developers should not be included in the upcoming market structure bill. They argue that the focus of the legislation should be on broader market regulations rather than specific provisions for the cryptocurrency sector. This stance reflects concerns about the potential implications of such

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head

The Depository Trust & Clearing Corporation (DTCC) emphasizes that it is not creating isolated systems for tokenization in the digital assets space, according to its head of digital assets. Instead, the DTCC aims to foster interoperability and collaboration across the industry. The organization is focused on developing a framework that

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Bitcoin Seized From Samourai Wallet Has Not Been Sold, White House Says

Robinhood Offers Prediction Market 'Custom Combos'—But Don't Call Them Parlays

Crypto developer protections don't belong in market structure bill, senators say

DTCC 'Not Building Walled Gardens' for Tokenization, Says Digital Assets Head