News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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Eric Trump: “Banks Came After Me, Crypto Set Me Free” as His Stablecoin Market Cap Hits $2B
Eric Trump took aim at traditional financial institutions during a fiery appearance at the Consensus conference in Toronto, declaring that…
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OCC Greenlights Crypto Services for U.S. Banks, Easing Regulatory Hurdles
The U.S. Office of the Comptroller of the Currency (OCC) has eased its stance on cryptocurrency in banking, reinforcing a…
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FDIC Signals Support for Bank Use of Public Blockchains in Upcoming Guidance
The Federal Deposit Insurance Corporation (FDIC) is moving to establish a clearer and more flexible regulatory framework that would allow…
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Powell: U.S. Banks Can Serve Crypto Customers—If They Manage Risks
The Federal Reserve signaled on Wednesday that U.S. banks should not be barred from engaging with the crypto industry, whether…
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China Tightens Crypto Regulations with New Rules for Banks
China’s foreign exchange regulator has introduced new rules requiring banks to identify and report risky trades, including those involving cryptocurrencies,…
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UBS Pilots Blockchain-Based System for Enhanced Cross-Border Payments
Swiss bank UBS (UBSG.S) announced on Thursday the successful completion of a pilot for its blockchain-based payment system, UBS Digital…
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JPMorgan’s Kinexys Blockchain to Enable Instant Dollar-Euro Settlement
JPMorgan Chase & Co. is set to introduce instant settlement for foreign-exchange conversions between the dollar and the euro through…
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Visa Launches Tokenized Asset Platform for Banks to Issue Fiat-Backed Tokens on Ethereum
Payments giant Visa (V) has unveiled its Visa Tokenized Asset Platform (VTAP), designed to assist banks in issuing and testing…
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Italy’s Leading Banks Issue €25M Digital Bond on Polygon Network
Italy has achieved a remarkable milestone in financial technology with the issuance of a €25 million digital bond on the…
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Standard Chartered to Launch Spot Crypto Trading Desk for Bitcoin and Ether
Standard Chartered Plc is establishing a trading desk for Bitcoin and Ether, according to sources familiar with the matter, as…
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