JPMorgan Introduces USD Deposit Token on Coinbase’s Base Blockchain

U.S. banking giant JPMorgan has announced the pilot of a permissioned USD deposit token called JPMD on Base, the layer 2 Ethereum network built by listed exchange Coinbase (COIN). Earlier this week, the bank filed a trademark application for a crypto-focused platform named JPMD, designed to to offer services...
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Coinbase Seeks SEC Approval to Offer Tokenized Stock Trading

Coinbase is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch tokenized stock trading, a move that could expand its business into the territory of traditional brokerage firms. The crypto exchange’s chief legal officer, Paul Grewal, told Reuters that Coinbase aims to offer digital versions of...
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Axelar Georgios Vlachos: Interoperability Standards Key To Scaling Institutional Tokenization Across Blockchains (UPDATED)

As Web3 interoperability becomes foundational for blockchain-based finance, critical gaps in infrastructure are slowing institutional adoption, according to Axelar co-founder Georgios Vlachos. “We’re likely just at the beginning of an explosion of blockchain-based solutions for tokenized finance,” Vlachos told Benzinga. “It’s important we now consider how to make interoperability...
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Mind The Gap: Web3’s Infrastructure Problem Is Blocking Wall Street, Axelar Co-Founder Says

As Web3 interoperability becomes foundational for blockchain-based finance, critical gaps in infrastructure are slowing institutional adoption, according to Axelar CEO Georgios Vlachos. “We’re likely just at the beginning of an explosion of blockchain-based solutions for tokenized finance,” Vlachos told Benzinga. “It’s important we now consider how to make interoperability...
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Why You Shouldn’t Trust Crypto Influencers

Join Locals for exclusive content https://sonofatech.locals.com/ Check out the Crypto Mining Ecourse at https://sonofatech.com We’ve seen it again and again — big crypto influencers like BitBoy Crypto, Altcoin Daily, and even Trayvon James promoting coins that ultimately leave their followers wrecked. When someone with a massive following pushes a...
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Can Tether’s Dominance Survive the U.S. Stablecoin Bill?

Tether’s USDT is the world’s leading stablecoin. Its digital emulation of the U.S. dollar — 155 billion of them at last count — is unmatched. But as things stand, Tether almost certainly doesn’t fulfill the compliance demands of U.S. lawmakers as they’re expected to push legislation nearer to law...
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