HSBC to Offer Tokenized Securities Custody Service for Institutions
The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.
The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.
“We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September,” Two Prime’s Alexander Blume said.
Binance acquired TrustWallet in 2018 in a deal that included cash and BNB tokens, which at the time were worth $14.80.
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.
Users can download and access the wallet through Binance’s app.
At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
The industry’s open preference for the CFTC over the SEC has been answered with record enforcement actions showing the CFTC’s enthusiasm for punishing crypto wrongdoing.
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
The crypto trading platform for EU will open in “coming weeks,” said the company.
Capital rotation from bitcoin to altcoins accelerated further but steady inflows into BTC funds compensated, one analyst noted.