USDC

BNY Launches Blockchain Transfer Agency Platform

The post BNY Launches Blockchain Transfer Agency Platform appeared on BitcoinEthereumNews.com. BNY, one of the world’s largest custodian banks, is taking a major step toward blockchain-based financial infrastructure by moving fund ownership records onchain. The New York-based institution will launch a blockchain-based version of its transfer agency business, which manages fund ownership records and investor transactions, the Financial Times reported Wednesday. “We think of...

BNY adds blockchain recordkeeping to institutional fund services

The post BNY adds blockchain recordkeeping to institutional fund services appeared on BitcoinEthereumNews.com. BNY has expanded its blockchain strategy by bringing the ownership records behind investment funds onchain through a new digital transfer agency platform for institutional clients. Summary BNY has launched a blockchain based transfer agency platform to keep fund ownership records onchain. The service will first support tokenized funds from Baillie Gifford, BlackRo...

Stablecoin firm Brale says new protocol can remove a major hurdle to scaling custom tokens

MiCA Compliant Stablecoins Lead EU Market Regulation

The post MiCA Compliant Stablecoins Lead EU Market Regulation appeared on BitcoinEthereumNews.com. Only three stablecoins from the world’s top 50 currently meet the EU’s MiCA standards — and that gap between market reality and regulatory compliance is bigger than most people realize. According to Patrick Hansen, Circle’s Senior Director of EU Strategy and Policy, the EU stablecoin market has made measurable progress under MiCA, but the numbers reveal just how much of the g...