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BNY Mellon Tests Tokenized Deposits

BNY Mellon Tests Tokenized Deposits

The initiative would enable clients to make blockchain payments with digital funds
UK Finance Launches Industry-wide Pilot for Tokenized Sterling Deposits

UK Finance Launches Industry-wide Pilot for Tokenized Sterling Deposits

Barclays, HSBC, Lloyds, and Santander are among the banks in the pilot
World Property Ventures to Launch Digital Real Estate Bank

World Property Ventures to Launch Digital Real Estate Bank

The bank seeks to add standards and liquidity to tokenized real estate
Swiss Banks Complete First Blockchain Payment

Swiss Banks Complete First Blockchain Payment

A joint trial shows blockchain-based payments can work across banks and within Swiss law
Global Banks Hit with $8.3m in CTFC Compliance Penalties

Global Banks Hit with $8.3m in CTFC Compliance Penalties

Citi, BNY Mellon, U.S. Bank, UBS, Santander, and SMBC were sanctioned
Revolut Explores Expansion to the US

Revolut Explores Expansion to the US

The digital bank is reportedly considering acquiring a US bank to enter the market
Fed Explores Tech Innovations to Enhance Payments

Fed Explores Tech Innovations to Enhance Payments

The regulator will conduct research and engage with innovators in the industry
Kraken and SEC Discuss Roadmap for Tokenized Trading

Kraken and SEC Discuss Roadmap for Tokenized Trading

The two explored how tokenization could expand market access while staying within regulatory rules
UK Introduces Revised Payment Safeguarding Rules

UK Introduces Revised Payment Safeguarding Rules

The rules aim to ensure customer money is returned if a payment firm collapses
Visa Halts Open Banking Operations in the US

Visa Halts Open Banking Operations in the US

Regulatory uncertainty and potential fees to access customer data prompted Visa’s decision
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