Crypto exchanges are evolving into multi-asset financial infrastructure. Explore the implications for wealth managers, traditional brokers and neobanks...
The Congressional Research Service (CRS), the official nonpartisan research arm of Congress, published a detailed overview of decentralized finance (DeFi), offering one of the clearest windows yet into how U.S. lawmakers are being educated on the role of DeFi within financial markets.
In a bombshell report, BIS explained crypto exchanges replicate core banking and capital markets functions, but without equivalent regulation, transparency or safeguards. Key takeaways...
Aave, the biggest DeFi platform accounting for 25% of the $100B of value locked in DeFi, saw its TVL tumble from $25B to $20B as one of its lending product suffered a $290M hack last night.
ECB Executive Board Member Piero Cipollone laid out the vision for a tokenzied future for the bloc in a recent speech titled Building the Rails for Europe’s Tokenised Financial Markets. Key takeaways:
One particularly important but largely underreported development in the stablecoin space has been the granting of national trust bank charters by the Office of the Comptroller of the Currency (OCC) to stablecoin and digital asset firms.
Revolut, along with ReStabilise, Monee Financial Technologies and VVTX, has been chosen by the UK financial watchdog as one of four companies to test the use of stablecoins.
A structural shift is happening in onchain capital allocation.
Rather than selecting individual tokenized funds or standalone Treasury products, investors are increasingly allocating capital through a new investment management wrapper: vaults....
