Bill Winters, CEO of Standard Chartered, foresees a future in which nearly all global transactions are conducted on a digital blockchain ledger, he told a crowd in Hong Kong on Monday, as crypto adoption amongst mainstream banking and finance institutions grows. “Our belief, which I think is shared by the leadership of Hong Kong, is that

In brief Dinari is building a new blockchain based equities index and bringing it on-chain in collaboration with Chainlink. The firm worked with S&P 500 and Dow Jones creator S&P Dow Jones Indices to build the index. The S&P Digital Markets 50 Index is comprised of 35 blockchain-related equities and 15 major digital assets. Tokenized

The U.S. Securities and Exchange Commission (SEC) is reportedly developing a plan to allow stocks to trade like crypto on the blockchain, treating shares of companies like Apple, Tesla, and Nvidia as digital tokens similar to how cryptocurrencies operate. While the initiative has gained support from crypto exchanges and fintech platforms, it faces pushback from

Some of Switzerland’s largest banks completed a proof-of-concept (PoC) that tested blockchain technology and smart contracts for interbank payments, marking what they said was the first legally binding bank payment via a public blockchain. Under the umbrella of the Swiss Bankers Association (SBA), UBS, PostFinance and Sygnum Bank conducted a feasibility study on blockchain-based deposit

Vietnam has approved a five-year pilot for cryptocurrency trading, opening a tightly controlled gateway into a market that has grown rapidly without formal rules. The resolution allows only Vietnamese companies to operate platforms. Additionally, it requires all issuance, trading and payments of crypto assets to be settled in the local dong, according to a government announcement Tuesday.

TLDR Mysten Labs meets SEC to advocate for clearer crypto regulation and utility-first classification for digital assets like SUI. Sui blockchain’s use in DeFi, gaming, and supply chain shows its diverse utility beyond speculation in regulatory discussions. SEC Crypto Task Force shows interest in understanding technology through meetings with blockchain innovators like Mysten Labs. Mysten

Ethereum’s long awaited Shapella upgrade is finally upon the crypto industry. Traders are now parsing how an unprecedented volume of unstaked ether will impact the price action of the ecosystem’s native token. Shapella is set to tie together the protocol’s Shanghai upgrade and its Capella layer on Wednesday, making 18 million ether staked on the

Damian Williams, the United States Attorney for the Southern District of New York, announced that JAMES ZHONG was sentenced today to one year and one day in prison for committing wire fraud in September 2012 when he unlawfully obtained approximately 50,000 Bitcoin from the Silk Road dark web internet marketplace. United States District Judge Paul

The total value of all crypto in circulation reached a peak of $1.26 trillion on Friday — the highest level in more than 10 months The value of all crypto in circulation has been consolidating following Friday’s nudge higher to levels not seen since around the time failed algorithmic stablecoin project Terra collapsed in May

Statista’s Advertising & Media Markets Insights estimates that worldwide metaverse revenue will stand at $490 billion in 2030. This is a comparatively conservative forecast. Other analyst companies assume a market volume of between approximately 750 and 1,700 billion U.S. dollars. For the Statista outlook, the term metaverse is defined as a virtual world or a