Cointelegraph·
Traditional financial institutions are actively preparing for a surge in adoption to avoid being caught flat-footed by a sudden shift in market demand, according to Moody’s.
Read full articleBrokerage and banking firm Charles Schwab officially began rolling out its crypto trading platform to retail clients in the US, joining the list of traditional financial institutions expanding their digital asset offering. Related Reading: Poland’s PiS Proposes Total Crypto Ban As Lawmakers Review Digital Asset Bills Schwab Launches Spot Trading For BTC, ETH On Tuesday, […]
Major U.S. banks and financial institutions have increasingly prepared for a future in which tokenized assets become part of mainstream finance, even as industry participants expect adoption to begin gradually before accelerating rapidly at a later stage. According to a…
The post Kyrgyzstan to permit banks, financial institutions to conduct crypto transactions appeared on BitcoinEthereumNews.com. Kyrgyzstan is preparing to permit banks and other financial institutions to officially conduct cryptocurrency transactions. The changes, which will let them buy and sell digital coins, come amid new sanctions over the nation’s role in helping Russia bypass restrictions. Kyrgyzstan to authorize banks to work with cryptocurrencies The government of Kyrgyzstan plans to allow banks and non-bank financial institutions to trade and convert cryptocurrencies on behalf of their clients. This will be done through amendments to the country’s law “On Virtual Assets” drafted by the Ministry of Economy and Commerce, local and regional media unveiled Wednesday. The respective bill has been published for public discussion, according to reports by the Russian crypto news outlet Bits.media, the Northern Newspaper website and Inbusiness.kz. Under the updated law, banking organiz
The post US Banks Prepare for Tokenization Tipping Point, Moody’s Ratings Finds – Bitcoin News appeared on BitcoinEthereumNews.com. Key Takeaways Moody’s reports that U.S. banks see a “slow then fast” shift to tokenized assets and digital money as inevitable. DTCC plans to launch limited production trades of tokenized securities in July 2026 to modernize U.S. markets. Tokenized MMFs reached $10 billion in 2026, signaling a growing institutional demand for onchain liquidity. Digital Money Evolution: U.S. Financial Institutions Eye 24/7 Tokenized Markets Currently, activity is concentrated in stablecoins, tokenized deposits, and money market funds (MMFs). Most of this volume stems from cryptocurrency trading and specific institutional use cases. Moody’s notes that retail and corporate demand for blockchain-based payments remains low. Many companies continue to rely on traditional methods like paper checks, viewing payment technology upgrades as a secondary priority compared to artificial
Major U.S. financial institutions and market intermediaries are forming a consensus that a transition toward tokenized assets and digital money is inevitable, according to a new sector in-depth report from Moody’s Ratings. The report, published Tuesday and shared with Bitcoin.com News, highlights that while tokenized assets are currently live in the United States, their use […]
The post DTCC and Chainlink Expand Blockchain Push in Finance Systems appeared on BitcoinEthereumNews.com. DTCC and Chainlink are building blockchain tools to modernize collateral and settlement systems. Kraken and Franklin Templeton are expanding tokenized investment products for institutional markets. Financial firms see tokenized assets as a faster and more efficient future for global finance. Major financial institutions are using more tokenized assets in post-trade and investment systems as blockchain becomes more common in traditional finance. DTCC, Chainlink, Kraken, and Franklin Templeton are developing systems for collateral management, trading, and asset tokenization. As per the announcement, the Depository Trust & Clearing Corporation will integrate Chainlink technology into its Collateral AppChain platform. The system focuses on improving collateral movement and risk management across global markets. DTCC also plans to use Chainlink’s Runtime Environment to link asset pri
US banking trade groups have called for an amendment to the stablecoin yield compromise in the highly anticipated CLARITY Act. This statement comes ahead of an expected markup on the crypto legislation next week. After months of negotiations, legislators, crypto industry players, and US banks reached an agreement on how to adopt stablecoin yield under […]
The US banking lobby is mounting a last-minute push to stall the CLARITY Act just days before its scheduled Senate Banking Committee markup on May 14. The American Bankers Association, the Bank Policy Institute, the Consumer Bankers Association, the Financial…
