bibibi.ccLoading…
Connect scattered updates into a story you can understand.
Mizuho, MUFG, Sumitomo Mitsui, and other banks have completed a proof-of-concept experiment for joint stablecoin issuance and cross-border payments, verifying the issuance, transfer, and redemption processes and confirming the feasibility of the multi-bank joint issuance model.
X account @secscottbessent says that, following the launch of “Operation Economic Outcast,” the U.S. Treasury has imposed targeted financial measures on certain banks and aviation service providers, and has pressured multiple countries to take action against Iran.
Six major Canadian banks are jointly exploring Canadian dollar tokenized deposits, with the first phase focused on transfers among financial institutions; related testing is already underway.
Canada’s six major banks have formed a joint venture whose first phase aims to enable Canadian dollar tokenized deposits to be transferred among participating banks, with a long-term plan to connect to other digital asset initiatives.
S&P Global Ratings said that the effectiveness of banks' use of AI AI will increasingly affect their credit ratings, with governance capabilities and regulatory and reputational risks becoming key factors.
