Latest FinTech & Blockchain News
DTC Cleared for Tokenization: U.S. Capital Markets Edge Toward On-Chain Settlement
The Depository Trust Company (DTC), a DTCC subsidiary, received SEC clearance via a December 11, 2025 No-Action Letter to launch a tokenization platform for stocks, ETFs, and fixed-income securities in H2 2026. This will enable blockchain-based settlement, reducing times and boosting transparency, with XRP and Stellar mentioned as digital liquidity tokens.
Japan's SBI also launched a ¥10 billion on-chain bond with XRP rewards, signaling global momentum.
Kraken to List Pi Network Coin on March 13
Kraken, a major global exchange, confirmed listing Pi Network's $PI token on March 13, the first major U.S. venue post-mainnet launch. This enables U.S. traders access, potentially boosting liquidity and paving way for listings on Coinbase, Binance, and others amid a 80% price rally from lows.
Trading starts ahead of Pi Day, with Pi's mobile mining model driving community excitement.
FCA Proposes Amendments to Client Assets Sourcebook for Cryptoassets
On March 6, 2026, the FCA published CP26/8 with changes to CASS for crypto, clarifying client money from cryptoassets and stablecoin backing funds. Proposals prohibit opt-outs for professional clients in qualifying activities and disapply DvP exemptions for crypto deliveries.
Comments due by April 13; application gateway opens September 30, 2026.
White House Accuses Banks of Hijacking Crypto Market Structure Push
The White House pressures banks amid stalled CLARITY Act, blaming them for opposing stablecoin 'rewards' on platforms like Coinbase to prevent deposit flight. President Trump criticized banks, echoed by Coinbase execs claiming banks want to hoard rewards.
ABA counters that fintechs should meet bank standards per surveys.
CFTC Mulls New Rules for Crypto Perpetuals and DeFi Registration
CFTC is considering rules clarifying 'actual delivery' exceptions for off-exchange margined crypto trades and standards for spot trading. Staff to guide on intermediary registration for non-custodial DeFi wallets and developers.
This addresses open questions on DeFi compliance amid market structure debates.
FATF Urges Full Implementation of Stablecoin AML/TF Obligations
FATF pushes Recommendation 15 implementation, requiring stablecoin issuers to enable freezing, burning, and CDD at redemption. Authorities need blockchain analytics and P2P wallet monitoring capabilities.
Emphasizes risk-based controls for governance and technical security.
NYSE Explores Digital Securities Venue with On-Chain Trading
The NYSE is reportedly developing a digital securities platform featuring on-chain trading, instant settlement, and stablecoin funding, pending approval. This accelerates alongside DTC's tokenization, modernizing U.S. capital markets infrastructure.
Signals broader institutional blockchain adoption race.
Pi Network Price Surges on Kraken Listing Confirmation and Protocol Upgrades
Pi Network's $PI rallied 33% weekly after v19.9 upgrade and Pi DEX launch via v20.2, breaking 50-day SMA. Kraken's U.S.-regulated listing differentiates from OKX/Bitget, potentially signaling to Binance/Coinbase.
Analysts predict $0.50–$0.75 by Pi Day March 14.
FCA Publishes Responses on Crypto Regime and Financial Promotions
FCA released responses to webinar questions on its new crypto regime, including s.21 approvers for promotions. Crypto firm applications open September 30, 2026, to February 28, 2027.
Supports smoother transition to regulated activities.
Pi Network Gains Institutional Credibility with Kraken's Fed Access
Kraken's listing leverages its U.S. regulation and Federal Reserve payment infrastructure for Pi's first compliant U.S. spot trading. Expected to enhance volume beyond $100M daily, following 93% drop recovery.
Positions Pi for mainstream adoption post-mainnet delays.