The Australian Securities and Investments Fee (ASIC) has issued a “class aid” which considerably lowers the licensing hurdle for intermediaries dealing with stablecoins and wrapped tokens on secondary markets. This aid means exchanges, brokers, and fintechs now not want a separate Australian Monetary Providers (AFS) license for this exercise, makingContinue Reading

J.P. Morgan organized a US$50m (AU$77m) tokenised business paper issuance for Galaxy Digital on Solana, bought by Coinbase and Franklin Templeton. The deal used USDC for each issuance and redemption, with J.P. Morgan creating the USCP token and overseeing blockchain-based settlement. Galaxy, Coinbase, and Franklin Templeton mentioned the transaction displaysContinue Reading

Australian crypto market analyst, Pav Hundal, stated feedback from US Fed Chair Jerome Powell following his charge minimize announcement earlier this week sign an elevated concentrate on a softening labour market. Hundal believes the US charge minimize doesn’t a lot replicate that inflation has been conquered however as a substituteContinue Reading

Loop Crypto and Lead Financial institution are forming a partnership based mostly on the shared imaginative and prescient that stablecoins will quickly dominate world funds. The collaboration goals to supply a sooner, cheaper, and safer fee infrastructure than conventional banking flows by combining Loop’s crypto processing tech with Lead FinancialContinue Reading

Merchants flaunting luxurious purchases and earnings throughout social media are realising they’re the right goal for criminals. These criminals are more and more utilizing these digital breadcrumbs to unmask and goal rich crypto holders.  With Bitcoin’s rise has come a surge in brutal “wrench assaults”, that are kidnappings, dwelling invasions,Continue Reading

A brand new report from digital asset custody agency Zodia Custody argues that Australia’s economic system is approaching an inflection level that can see digital belongings, significantly stablecoins, quickly start to play a bigger function. Report contributor Joni Pirovich, founder and CEO of Crystal aOS, predicted that by 2030, we’llContinue Reading

Technique opposed MSCI’s proposal to exclude corporations with over 50% crypto holdings, arguing it misrepresents digital-asset treasury operations. The corporate warned the coverage may bias indexes towards crypto, create instability, and battle with US federal initiatives selling Bitcoin innovation. Technique highlighted accounting variations, volatility, and concentrated asset norms in differentContinue Reading

A trial of tokenised US Treasury (UST) transactions on the Canton Community has showcased, for the primary time, that tokenised property will be handed between counterparties and reused. The undertaking includes a number of monetary establishments together with Circle, whose USDC stablecoin was mixed with USTs to settle transactions onchainContinue Reading