A recent enforcement action by the Federal Reserve taken against Customers Bancorp and its Customers Bank subsidiary has taken note of the risks and challenges...
The Bank of England (BoE) is conducting a new series of experiments with central bank digital currencies (CBDCs) for retail use. Citing growing innovations and...
For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents...
Blockchain is full of promise, cryptocurrency perhaps less so, and tokenization is already shifting what it means to “own” an asset. In a speech delivered...
Proponents of blockchain’s underlying technical capabilities are determined to shake off its cryptocurrency-centric associations. In large part by finding historical opportunity areas within the traditional...
Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the...
Distributed ledger technology (DLT) has long been promised to upend traditional financial services. The common refrain has been that blockchain would do so by disintermediating...
Blockchain ledger-based payments platform RYVYL has partnered with distributed ledger technology firm R3. The collaboration, announced Thursday (Dec. 14), comes in the form of “RYVYL Block,” described by...
A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the...