The Senate drafted a crypto bill on Friday that would prevent stocks from being treated as commodities
Citi reports bank-issued stablecoins to be the fastest-growing for securities payments by 2030
The two explored how tokenization could expand market access while staying within regulatory rules
The change aims to end banks' debanking bitcoin firms over unclear rules
The coalition warned that the current rules are overly conservative
TBILL becomes the first tokenized Treasury fund run by an “A”-rated global custodian
Stated that the “novel activities” oversight program is not needed
Banks are required to apply a risk weight of 1,250% to Bitcoin and Ether
Ripple and Circle also applied for the same license in July
A snapshot revealing that 13 of the largest banks now offer crypto products signals growing adoption