Blockchain

[Update 12:50 UTC, Aug. 19: Adds background on FASB, proposed disclosure requirements and the US regulatory framework for stablecoins.] The Financial Accounting Standards Board (FASB) has proposed guidance outlining when companies may classify certain stablecoins […]

Digital Asset, the creator of the Canton Network, and former US House Speaker Paul Ryan’s American Idea Foundation plan to pilot a blockchain-based system for distributing state-administered benefits across three US states using the Canton […]

Blockchain Optimism’s governance has approved a proposal to repurpose 546.9 million OP tokens previously reserved for user airdrops to support ecosystem growth and institutional adoption. OP currently has a market cap of roughly $214 million, […]

Centrifuge has added Symbiotic’s liquidity network across three tokenized funds that represent about $1.6 billion in assets under management, giving eligible holders another route to exchange their positions for USDC. The integration covers Janus Henderson’s […]

Kraken has launched trading in more than 7,000 US-listed stocks for customers in the European Economic Area (EEA), expanding its traditional finance offering alongside cryptocurrencies and tokenized equities. The crypto exchange said Tuesday that eligible […]

Blockchain analytics company Chainalysis has sued the United States government over an Immigration and Customs Enforcement (ICE) decision to award a sole-source contract to competitor TRM Labs.  On July 27, Chainalysis Government Solutions filed the […]

An Australian Securities Exchange (ASX) shareholder plans to seek Federal Court permission to sue former ASX officers and directors over alleged breaches of duty connected to its failed blockchain-based clearing and settlement overhaul. On Wednesday, […]

Figure Technology Solutions reported $4.3 billion in consumer loan marketplace volume for the second quarter, up 132% from a year earlier, as its quarterly profit nearly tripled.  On Thursday, Figure said net income rose 192% […]

Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving the cause and scale of any potential impairment unclear.  On Thursday, Neutrl said […]

Robinhood’s partnership with Uniswap is helping the brokerage rapidly build liquidity on its new blockchain, potentially removing a key obstacle to attracting users and assets, according to Standard Chartered. In a recent note, Standard Chartered […]