Goldman Sachs, BNY Mellon and Others Test Enterprise Blockchain for Tokenized Assets
The Canton pilot allowed 15 asset managers, 13 banks, four custodians and three exchanges to seamlessly transact and settle tokenized assets.
Financial
Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source
An informal document shared among EU officials shows digital finance, and thereby crypto, topping a list of priorities to be discussed.
Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report
The Treasury’s financial-crimes arm found that bitcoin was increasingly popular for use in trafficking of people and materials tied to child sexual abuse, though the veri is from 2021.
Treasury Secretary Yellen Says U.S. Needs Better Stablecoin Regulation
“A federal regulator should have the ability to decide if a stablecoin issuer should be barred from issuing such an asset,” she told lawmakers on Tuesday.
Treasury Secretary Janet Yellen Warns of Crypto Risks
Yellen is set to tell U.S. lawmakers that the FSOC is especially wary of stablecoins and the potential for digital asset runs.
Crypto for Advisors: AI Tools for Advisors
Content creation and productivity are the main benefits of advisors utilizing AI tools. There are some helpful things that AI can do to help financial advisors.
Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work
The opposition party leads the polls in what’s likely to be an election year.
A Backdoor Regulatory Option Haunts U.S. Crypto
If all else fails with Plan A for setting up stablecoin rules with legislation, the industry’s Republican allies in Washington have revealed their worry the Federal Reserve could step in.
Crypto for Advisors: Unlocking Crypto Custody
As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs, goals, and risk appetite.
U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators
The U.S. designated two companies that helped move crypto for Hamas, according to a Treasury Department press release.