Dubai is partnering with Securitize to build regulated tokenized markets.
VARA has signed an MoU with the digital asset infrastructure company to advance tokenization across the Emirate.
The collaboration will focus on regulated tokenization and digital asset infrastructure as Dubai expands its financial markets into the digital asset space.
a16z-backed OpenReserve just cleared a major regulatory milestone.
The startup has received preliminary OCC approval to build a full-service U.S. national bank with tokenized deposits and digital asset services.
Before launching, OpenReserve must raise at least $210 million in initial capital and meet strict OCC capital requirements, with the company targeting a banking model that combines traditional financial services with onchain settlement.
Revolut just moved one step closer to becoming a U.S. bank.
The fintech has received conditional OCC approval for its proposed national bank, Revolut Bank US.
The Stamford-based bank still needs approvals from the FDIC and Federal Reserve, plus final OCC approval, before it can launch its planned U.S. banking services in 2027.
Crypto VC funding took different paths in the past months, spanning trading, infrastructure, financial services, and emerging technologies.
The distribution shows a market where capital is becoming more selective, with investors focusing on sectors with clearer paths to adoption and revenue.
NEWS: Thailand’s SEC has finalized its Crypto Travel Rule, requiring digital asset operators to collect and transmit information on crypto transfers and verify self-hosted wallet ownership.
KATIE PRICE'S HUSBAND CLAIMED HIS CRYPTO WALLET HAD $50M. IT HAD $3.
British celebrity Katie Price has reportedly ended her eight-month marriage to Lee Andrews after a financial expert checked a crypto wallet he allegedly claimed contained $50 million.
Andrews reportedly gave Price the wallet's recovery phrase, allowing the account to be checked.
The reported balance? Just $3 (£2.22).
The discovery was reportedly the final straw for Price, who has since consulted a London divorce lawyer.
Ripple and SettleMint want to make tokenized assets easier for banks to manage. Their new platform brings custody, issuance, and lifecycle management into a single system.
From issuing a tokenized asset to settling and managing it over time, the two companies are putting the entire process under one roof. The initial focus is Asia Pacific, with global expansion planned.