Latest FinTech & Blockchain News
BlackRock’s BUIDL Fund Surpasses $2 Billion in AUM
BlackRock reported record inflows into its on-chain Treasury vehicle, highlighting the appeal of tokenized sovereign debt in digital finance. This milestone underscores growing institutional commitment to blockchain-based assets.
EU’s MiCA Phase 3 Implementation Begins
The European Union advanced its Markets in Crypto-Assets regulation to the final stage, imposing strict capital requirements on Crypto Asset Service Providers (CASPs). This aims to enhance regulatory oversight in the crypto sector.
JPMorgan Onyx Processes Record $2.5 Trillion in Cumulative Volume
JPMorgan's blockchain division saw a surge in cross-border settlements, boosted by adoption among Asian banks. This reflects expanding blockchain use in traditional finance.
Visa Integrates Multi-Chain Settlement for Merchant Partners
Visa expanded stablecoin settlements to three additional Layer 2 networks to cut costs for global retailers. This move enhances blockchain efficiency in payments.
Saudi Arabia’s PIF Announces $1.5 Billion Web3 Infrastructure Fund
The Public Investment Fund launched a fund for blockchain-based logistics and supply chain in the Middle East. It targets regional digital infrastructure development.
SWIFT Completes “Project Agorá” Trials Successfully
SWIFT piloted tokenized commercial bank deposits, proving interoperability between CBDCs and private ledgers. This advances global payment standards.
PayPal’s PYUSD Reaches $2 Billion Market Cap
PayPal's stablecoin doubled supply via Venmo integration and DeFi utility. It marks mainstream stablecoin growth.
Fidelity Adds Crypto to Target-Date Retirement Funds
Fidelity included spot crypto exposure in retirement funds, boosting retail adoption. This is a key step for mainstream investment access.
Barclays Explores Blockchain for Payments and Tokenised Deposits
Barclays issued RFI for blockchain platforms to handle payments and compete with stablecoins. It joins peers like JPMorgan in digital asset expansion.
Techemynt Launches Tokenized Gold and Silver Bullion in New Zealand
Techemynt introduced $GoldNZ and $SilverNZ, backed by physical bullion in NZ vaults. Tokens enable global access and DeFi integration without storage fees.
Coincheck Completes 3iQ Acquisition in Canada
Coincheck took 99.8% ownership of Ontario's 3iQ, deepening crypto consolidation. This expands its North American digital asset presence.
HKMA, Shanghai Sign MoU on Digitised Cargo Trade and Finance
Hong Kong Monetary Authority, Shanghai Data Bureau, and Blockchain Center signed for cross-border platforms using eBL and trade data. It fosters Shanghai-HK financial innovation.