Tag: Digital

Digital Chamber Unveils State Network to Support US Crypto Policy

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Crypto advocacy group The Digital Chamber has launched a new initiative to drive digital asset policies at the state level across the US and educate lawmakers in the lead-up to the 2026 midterm elections.  Called the State Network, the initiative is aimed at establishing a collaborative ecosystem connecting policymakers, regulators and the industry that want to advance blockchain adoption across the US, The Digital Chamber announced on Monday.  Inaugural members of the network include Michael Saylor’s company Strategy, proof-of-stake public distributed ledger Hedera and blockchain infrastructure research company Input Output,…

Tokyo Exchange Operator Mulls Limits on Digital Asset Treasury Firms: Report

The heat is rising on digital asset treasuries in the Far East. Japan Exchange Group (JPX), which operates the Tokyo Stock Exchange, is considering measures to curb the growth of listed companies that hoard digital tokens as treasury assets, according to Bloomberg. The bourse is exploring actions such as stricter enforcement of backdoor listing rules and fresh audits for firms tilting to crypto in a bid to protect investor interest. Since September. JPX has already pushed back against three Japanese companies planning to evolve as digital asset treasuries, warning of…

Report: Corporate Bitcoin Treasuries Top $444B; Digital Credit Instruments Gain Steam

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Corporate adoption of bitcoin is entering a new phase as companies diversify holdings and embrace yield-bearing “digital credit” instruments, according to Bitcoin Treasuries’ October Corporate Adoption report. Bitcoin Treasuries Report: Corporate BTC Holdings Hit 4.05M Bitcoin Treasuries (bitcointreasuries.net) found that firms such as Strategy, Strive, and Metaplanet are spearheading financial innovation with preferred shares and […] Original

UAE Completes First Digital Dirham Transaction in CBDC Pilot

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The United Arab Emirates has made the first transaction with its central bank digital currency in the first major update to the project since it was announced in March. The United Arab Emirates’ Ministry of Finance and Dubai Finance said on Tuesday that the transaction was part of the pilot phase of the Digital Dirham project and used the government payment platform mBridge. The agencies said the transaction was a first for the UAE government and was a “step towards broader adoption of the national digital currency across both government…

Intain Markets, FIS Launch Digital Liquidity Gateway on Avalanche for 2,000 US Banks

Key Notes Platform tokenizes individual loans as NFTs and uses stablecoins for automated settlement, eliminating manual reconciliation processes. Initial loan pools include commercial real estate and aviation finance assets being traded among institutional participants. AI-driven workflows verify asset details before minting tokens, with hundreds of millions expected in transactions by year-end. Intain Markets and FIS launched the Digital Liquidity Gateway on Avalanche on Monday, enabling roughly 2,000 regional and community banks across the US to buy, sell, and securitize loan portfolios through a decentralized marketplace, according to Avalanche. The platform…

Biotech firm Propanc lands $100m for digital asset strategy

Propanc Biopharma, a Nasdaq-listed biotech firm, has secured up to $100 million to bolster its digital asset strategy. Summary Nasdaq-listed biotech firm Propanc has secured up to $100 million in a deal set to bolster its digital asset strategy. The company is collaborating with family office Hexstone. The strategic initiative aims for undervalued Digital Asset Treasury companies. Australia-based Propanc, which announced plans for a diversified digital asset portfolio earlier this month, said on Monday that it had secured $100 million in financing via a securities purchase deal with family office…

$1.17B Outflows Hit Digital Investment Products

Key Notes Digital investment products bagged a massive $1.17 billion in outflows in the past week. This marks the second consecutive week of outflows from the crypto market. Solana, XRP, and other altcoins recorded inflows, though crypto liquidation topped $341 million recently. CoinShares has released its Digital Asset Fund Flow weekly report, which shows that crypto-based products recorded up to $1.17 billion in outflows. This reflects the harsh conditions that plagued the broader cryptocurrency market this past week. Even Bitcoin BTC $106 121 24h volatility: 3.8% Market cap: $2.12 T…

Italy Banks Back Digital Euro CBDC, Seek Staggered Implementation Costs

The Italian Banking Association supports a digital-euro central bank digital currency (CBDC) while urging that investment costs be spread over time. Italian banks, led by the Italian Banking Association (ABI), say they support the European Central Bank’s (ECB) digital euro project, ABI General Manager Marco Elio Rottigni told a Florence press seminar on Nov. 8, […] Source CryptoX Portal

Central Bank of Brazil Clarifies Drex CBDC Project’s Future: Digital Real Still the ‘Ultimate Goal’

The Central Bank of Brazil said the recent pause in using blockchain for drex, its central bank digital currency project, is temporary. The bank intends to continue using decentralized technology in the future, including issuing its own currency for tokenization-linked settlements. Central Bank of Brazil: Drex CBDC Project Still Alive The Facts The Central Bank […] Source CryptoX Portal

Italian Banks Back Digital Euro, Urge ECB to Stagger Implementation Costs

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Italian banks have expressed their support for the European Central Bank’s (ECB) digital euro initiative, but are calling for the implementation costs to be spread out over several years due to the financial burden it places on the sector. “We’re in favour of the digital euro because it embodies a concept of digital sovereignty,” said Marco Elio Rottigni, General Manager of the Italian Banking Association (ABI), during a press seminar in Florence,  Reuters reported on Friday. “Costs for the project, however, are very high in the context of the capital…