Tokenized stock transfers have climbed to $29.5 billion as new products extend market access, but Tessera PE founder Chan Ahn says investors could receive anything from direct share ownership to a contractual claim carrying no shareholder rights. Tessera PE founder Chan Ahn told crypto.news that similar marketing terms often conceal substantial differences in what token
Circle is offering $400 million in stock for Tazapay because a stablecoin can cross a blockchain in seconds and still fail as a payment if the recipient cannot receive usable local money. The proposed acquisition, announced Sept. 8, would bring a cross-border payments operator inside the company that issues $USDC. Circle said Tazapay connects to
India and Russia have begun working on a digital currency settlement mechanism for bilateral trade as their central banks examine how state-issued currencies could be used for cross-border payments. Sberbank Chief Executive Officer Herman Gref said the Bank of Russia and the Reserve Bank of India are working on the mechanism, with Russia’s largest lender
TD Securities has significantly revised its Federal Reserve forecast following stronger-than-expected inflation data in the US. While the firm’s strategists previously predicted the Fed would keep interest rates stable for the remainder of 2026, they now expect a total of three rate hikes, beginning in September. In a research note, TD Securities strategists Oscar Munoz
Grayscale Head of Research Zach Pandl says the latest U.S. inflation data could create a temporary setback for cryptocurrency markets. This is due to the growing likelihood of the US Federal Reserve opting for another rate hike. The August Consumer Price Index has revealed that inflation is hotter-than-expected. Headline CPI rose 0.4% month over month
The Federal Reserve looks increasingly likely to raise rates next week after the hot core CPI reading Friday. Markets have had plenty of time to prepare, which now raises the question of whether a hike will have much bite. Core CPI rose 0.3% in August, above the 0.2% economists expected. Headline inflation rose 0.4% on
Frgmnt has partnered with Anchorage Digital to give institutional clients access to its fUSD stablecoin and sfUSD staking product through Anchorage’s existing custody infrastructure. In a press release shared with crypto.news, Frgmnt said institutions will be able to hold, mint, stake, unstake and redeem fUSD through Anchorage Digital, allowing clients to use the stablecoin without
The Indian state of Maharashtra is developing a policy to bring its own assets onto blockchain, including a potential tokenization of electricity transmission infrastructure, with proceeds used to fund new power lines and energy storage. “Maharashtra is working on a policy, so that we can create a policy which is conducive to government of Maharashtra
The digital equivalent of a fly’s brain is now capable of trading $BTC, $ETH, $USDC, and $SOL on Coinbase. Coinbase software engineer Alex Wormuth has created a simulation of a fly’s working brain and linked it to Coinbase’s AI agentic software, allow the “brain” to buy, sell, or hold crypto in response to live prices.
Jim Cramer says investors should pay more attention to the 30-year U.S. Treasury than individual company fundamentals as long-term borrowing costs climb to levels high enough to compete directly with stocks. During his Sept. 10 Mad Money monologue, Cramer said the long bond is now “in charge of everything,” pointing to a yield near 5.3%