Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds

In recent developments, the bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Looking closer, market participants highlight…

Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds

In recent developments, the bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Looking closer, market participants highlight…

Hua Xia state-linked Chinese bank tokenizes $600M in yuan bonds

In recent developments, the bond was auctioned off to holders of the digital yuan, a central bank digital currency (CBDC) developed by the Chinese government. Looking closer, market participants highlight…

Bank of America backs 1–4% crypto allocation, opens gates to Bitcoin ETFs

In recent developments, bank of America’s wealthiest clients will gain access to Bitcoin ETFs, while its network of over 15,000 wealth advisers can recommend crypto exposure for the first time,…

South Africa’s central bank says no ‘strong immediate need’ for CBDC

In recent developments, the South African Reserve Bank found no short-term need for a retail CBDC, saying wholesale or cross-border uses should be explored instead. Looking closer, market participants highlight…

South Africa’s central bank flags crypto, stablecoins as financial risk

In recent developments, the bank cited increasing trading volume and the number of users among large exchanges, as well as gaps in South Africa’s regulatory framework on crypto. Looking closer,…

South Africa’s central bank flags crypto, stablecoins as financial risk

In recent developments, the bank cited increasing trading volume and the number of users among large exchanges, as well as gaps in South Africa’s regulatory framework on crypto. Looking closer,…

South Africa’s central bank flags crypto, stablecoins as financial risk

In recent developments, the bank cited increasing trading volume and the number of users among large exchanges, as well as gaps in South Africa’s regulatory framework on crypto. Looking closer,…

Crypto bank AMINA gets Hong Kong license to launch institutional trading

In recent developments, crypto-friendly AMINA Bank has secured a license to expand its institutional crypto services in Hong Kong, a market where crypto trading volumes rose 233% in the first…

Crypto firm LevelField secures Illinois approval to buy Chicago bank

In recent developments, levelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank. Looking closer, market…