Standard Chartered and OKX pilot crypto, tokenized fund collaterals
Standard Chartered and cryptocurrency exchange OKX are piloting a new program allowing institutions to use crypto assets and tokenized money market funds (MMFs) as collateral.Announced on April 10, the collateral mirroring program enables off-exchange collateral usage while enhancing security by placing custody with a globally systemically important bank, according to a joint statement from the companies.The pilot has been launched under the regulatory oversight of the Dubai Virtual Asset Regulatory Authority, with Standard Chartered acting as a regulated custodian in the Dubai International Financial Centre (DIFC).The program launched in collaboration with crypto-friendly asset manager Franklin Templeton and features Brevan Howard Digital among the first institutions to trial the new capability.OKX clients to gain access to assets by Franklin TempletonAs part of the collaboration, OKX clients will have access to onchain assets developed by Franklin Templeton’s digital assets team.“We take an authentic approach, from directly investing in blockchain assets to developing innovative solutions with our in-house team,” Franklin Templeton’s head of digital assets, Roger Bayston, said, adding:“By ensuring assets are minted onchain, we enable true ownership, allowing them to move and settle at blockchain speed — eliminating the need for traditional infrastructure.”According to the announcement, Franklin Templeton will be one of the first in a “series of MMFs” that are expected to be offered under the program by Standard Chartered and OKX.Standard Chartered backs tokenized fundsIn the crypto lending industry, collateral is any blockchain-based asset used to secure loans from a lender as a security measure when taking out a loan. By allowing borrowers to pledge those assets, the lender guarantees that the loan is going to be repaid.Despite the high volatility of digital assets, Standard Chartered’s Margaret Harwood-Jones, global head of financing and securities services, is bullish on crypto collaterals as a major step in the evolution of institutional crypto services.A visual of the crypto lending process with collaterals and deposits. Source: CoinRabbitRelated: Xapo Bank launches Bitcoin-backed USD loans targeting hodlers“Our collaboration with OKX to enable the use of cryptocurrencies and tokenized MMFs as collateral represents a significant step forward in providing institutional clients with the confidence and efficiency they need,” Harwood-Jones said, adding:“By leveraging our established custody infrastructure, we are ensuring the highest standards of security and regulatory compliance, fostering greater trust in the digital asset ecosystem."According to Ryan Taylor, group head of compliance at Brevan Howard, the program is another example of the ongoing innovation and institutionalization in the crypto industry.“As a significant investor in the digital assets space, we are thrilled to partner with industry leaders to further grow and evolve the crypto ecosystem globally,” he noted.Magazine: Memecoin degeneracy is funding groundbreaking anti-aging research
Senate Passes Historic Crypto Bill: Sacks Hails Dollar Dominance, Bessent Sees $3.7T Boom
With Senate approval of the GENIUS Act, praised by White House Crypto Czar David Sacks and Treasury Secretary Scott Bessent, stablecoins could unlock trillion-dollar markets and position the U.S. for dominant leadership in digital finance. Senate Clears First Major Crypto Bill: ‘A Truly Historic Moment’ The U.S. Senate has approved the bipartisan Guiding and Establishing […]
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
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Gemini accuses CFTC enforcers of ‘trophy-hunting lawfare’ in 2022
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Thailand approves five-year crypto tax exemption
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RWA backing: How do issuers ensure 1:1 peg with tokenized assets?
The question of RWA backing is not primarily a technology question but is subject to other considerations, industry executives say.
Watch these Bitcoin price levels ahead of Fed Chair Powell's speech
Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below.
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Tron’s reverse merger will test whether a company can treat its own crypto as collateral without collapsing under the risk.
This crypto trader just lost $100M, but he’s still not done
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Staked Ethereum hits 35M ETH high as liquid supply declines
Over 28% of the total Ether supply is now staked, signaling that many investors are gearing up to hold their assets for the long term.
Flare Network bridges XRP to DeFi to unlock dormant liquidity
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The crypto fund domicile decision: EU or the UK?
As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the EU’s legal certainty and passporting or the UK’s flexible, innovation-driven approach.
How Michael Saylor’s Strategy became the largest Bitcoin holder
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Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets.
Bitcoin threatens $104K 'rug pull' as trader says major move yet to come
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Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
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Cycles eyes sustainable crypto credit after 2022 liquidity crisis
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JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions.
Ether price stable near $2.4K as crypto investors bet on long-term growth
Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.
SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
The Tuesday notices will push the SEC's deadline to approve or disapprove of the ETFs to late July, though it could be delayed further at that time.
US Senate passes GENIUS stablecoin bill in 68-30 vote
The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.
25% Bitcoin price rally set to follow today’s correction if history repeats
A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to new all-time highs.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Meta Pool hit with $27M exploit, but attacker flees with only $132K
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Bitcoin downside risk lingers, upside hinges on holding above $102K
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Internet Computer (ICP) Beats ETH, ADA To Claim Top Spot In Key Metric
Data shows Internet Computer has become the number one ranked coin in this metric, ahead of the likes of Ethereum (ETH) and Cardano (ADA). Internet Computer Is Number One Ranked On Dev Activity List In a new post on X, the analytics firm Santiment has shared how the top cryptocurrencies in the sector have ranked […]
Bitcoin downside risk lingers, upside hinges on holding above $102K
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Will Chainlink bulls fall as selling pressure rises? Examining...
Chainlink tested a crucial support level at the time of writing. On-chain and price action clues suggested that the bears might force further losses. Chainlink [LINK] rose 2% on the 16th of The post Will Chainlink bulls fall as selling pressure rises? Examining... appeared first on AMBCrypto.
Meta Pool hit with $27M exploit, but attacker flees with only $132K
Meta Pool says an early detection system discovered the exploit, allowing it to pause the affected smart contract and prevent further losses.
XRP ETFs Set to Trigger Wave of Capital as Canada Opens the Crypto Gates
Two XRP ETFs are storming the Toronto Stock Exchange, signaling a powerful leap for crypto in traditional finance as investor access and market momentum skyrocket. XRP ETFs Coming to TSX—Two Issuers, One Date, Massive Market Shift Ahead Evolve Funds Group Inc., a Canadian firm managing $7 billion in assets, announced on June 16 that it […]
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
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Why is Solana (SOL) price down today?
Pump.fun ban and increasing geopolitical risks in the Middle East are helping drive down Solana price today.
Malaysia launches Digital Asset Hub to test stablecoin, programmable money
Malaysia unveils a regulatory sandbox for programmable payments and ringgit-backed stablecoins, aiming to position itself as a regional fintech hub.
From OpenAI to blockchain: Joey Bertschler builds crypto wage access platform
Joey Bertschler, a former OpenAI employee, is building a crypto wage distribution system, Volante Chain, motivated in part by disillusionment with OpenAI’s culture.
Gemini accuses CFTC enforcers of ‘trophy-hunting lawfare’ in 2022
Gemini has accused the CFTC’s enforcement division of using a false whistleblower report to form its 2022 lawsuit against the crypto exchange.
Thailand approves five-year crypto tax exemption
Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029.
RWA backing: How do issuers ensure 1:1 peg with tokenized assets?
The question of RWA backing is not primarily a technology question but is subject to other considerations, industry executives say.
Watch these Bitcoin price levels ahead of Fed Chair Powell's speech
Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below.
Will Tron’s Wall Street hopes implode with TRX as collateral?
Tron’s reverse merger will test whether a company can treat its own crypto as collateral without collapsing under the risk.
This crypto trader just lost $100M, but he’s still not done
James Wynn’s $100-million Bitcoin liquidation shocked the crypto world. The way he used leverage is astounding, though his later losses also exposed associated market risks.
Staked Ethereum hits 35M ETH high as liquid supply declines
Over 28% of the total Ether supply is now staked, signaling that many investors are gearing up to hold their assets for the long term.
Flare Network bridges XRP to DeFi to unlock dormant liquidity
Flare Network’s bridging technology and FAssets are bringing institutional and retail XRP holders into DeFi, tapping a massive pool of idle liquidity.
Ubyx raises $10M to standardize stablecoin redemption and drive adoption
Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025.
The crypto fund domicile decision: EU or the UK?
As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the EU’s legal certainty and passporting or the UK’s flexible, innovation-driven approach.
How Michael Saylor’s Strategy became the largest Bitcoin holder
Michael Saylor turned a software company into a Bitcoin powerhouse by converting corporate reserves into digital gold.
The secret map whales use to liquidate you (learn how to read it)
Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets.
Bitcoin threatens $104K 'rug pull' as trader says major move yet to come
Bitcoin order book liquidity spoofing is back as analysis says that a key BTC price event is still "brewing." Can bulls protect $104,000?
Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
Eight crypto exchanges, custodians and wallets have joined a group formed to accelerate the adoption of tokenized assets.
Bitcoin price stabilizes and rallies amid regional conflicts, data shows
Throughout the last 10 years, Bitcoin’s price has remained resilient to war and armed conflict.
Coinbase seeks SEC approval for ‘tokenized equities’ — Report
If approved by the US regulator, the investment offering could have Coinbase competing against other stock trading platforms.
Cycles eyes sustainable crypto credit after 2022 liquidity crisis
“The panic of ‘22 showed that much like in TradFi, liquidity and solvency are intimately bound up with each other,” said Cycles’ Ethan Buckman.
Regulatory uncertainty looms as CFTC struggles with vacancies
New legislation in Washington would have the CFTC regulate crypto, but is it currently able to provide effective rulemaking?
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
After clearing a key procedural vote, the GENIUS Act faces a final decision in the Senate before moving to the House of Representatives.
JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions.
Ether price stable near $2.4K as crypto investors bet on long-term growth
Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.
SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
The Tuesday notices will push the SEC's deadline to approve or disapprove of the ETFs to late July, though it could be delayed further at that time.
US Senate passes GENIUS stablecoin bill in 68-30 vote
The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.
25% Bitcoin price rally set to follow today’s correction if history repeats
A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to new all-time highs.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
JPMorgan, SEC meet to discuss capital markets moving onchain
Three JPMorgan executives met with the SEC’s Crypto Task Force to discuss which capital markets instruments could move onchain and how to best navigate the change.
How to legally stake crypto in 2025: What is now allowed after the SEC’s latest move
The SEC’s 2025 guideline clarifies the regulatory stance regarding crypto staking. It states what is and isn’t allowed and how you can stake lawfully.
France Taps Bitcoin Mining To Harness €80 Million In Excess Renewable Energy
France faces a familiar problem: it often makes more electricity than it can sell. According to energy researcher Raphaël Bloch, the country wasted about € 80 million worth of power in 2024. Now, a group of lawmakers wants to put that extra juice to work. They’ve filed Amendment No. 547 with the National Assembly to fold Bitcoin […]
Texas Bitcoin Reserve Law Triggers Sunday—Silence Means Yes
Texas is now within a single, silent procedural heartbeat of creating the nation’s largest government-run stash of bitcoin. Senate Bill 21, the Texas Strategic Bitcoin Reserve and Investment Act, was dispatched to Gov. Greg Abbott on June 1 after clearing both chambers by wide margins. Texas Bitcoin Reserve Set To Become Law Under Article IV, […]
Bitcoin faces $904M profit-driven pullback - Can BTC's rally survive?
Bitcoin investors who have held BTC for 6>12 months sell BTC worth $904 million. Newer coins cause selling pressure, resulting in a BTC pullback. Over the past month, Bitcoin [BTCThe post Bitcoin faces $904M profit-driven pullback - Can BTC's rally survive? appeared first on AMBCrypto.
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
Popular chart analysis service TradingView contains a bug in the Fibonacci retracement technical analysis tool.
Why is Solana (SOL) price down today?
Pump.fun ban and increasing geopolitical risks in the Middle East are helping drive down Solana price today.
Malaysia launches Digital Asset Hub to test stablecoin, programmable money
Malaysia unveils a regulatory sandbox for programmable payments and ringgit-backed stablecoins, aiming to position itself as a regional fintech hub.
From OpenAI to blockchain: Joey Bertschler builds crypto wage access platform
Joey Bertschler, a former OpenAI employee, is building a crypto wage distribution system, Volante Chain, motivated in part by disillusionment with OpenAI’s culture.
Gemini accuses CFTC enforcers of ‘trophy-hunting lawfare’ in 2022
Gemini has accused the CFTC’s enforcement division of using a false whistleblower report to form its 2022 lawsuit against the crypto exchange.
Thailand approves five-year crypto tax exemption
Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029.
RWA backing: How do issuers ensure 1:1 peg with tokenized assets?
The question of RWA backing is not primarily a technology question but is subject to other considerations, industry executives say.
Watch these Bitcoin price levels ahead of Fed Chair Powell's speech
Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below.
Will Tron’s Wall Street hopes implode with TRX as collateral?
Tron’s reverse merger will test whether a company can treat its own crypto as collateral without collapsing under the risk.
This crypto trader just lost $100M, but he’s still not done
James Wynn’s $100-million Bitcoin liquidation shocked the crypto world. The way he used leverage is astounding, though his later losses also exposed associated market risks.
Staked Ethereum hits 35M ETH high as liquid supply declines
Over 28% of the total Ether supply is now staked, signaling that many investors are gearing up to hold their assets for the long term.
Flare Network bridges XRP to DeFi to unlock dormant liquidity
Flare Network’s bridging technology and FAssets are bringing institutional and retail XRP holders into DeFi, tapping a massive pool of idle liquidity.
Ubyx raises $10M to standardize stablecoin redemption and drive adoption
Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025.
The crypto fund domicile decision: EU or the UK?
As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the EU’s legal certainty and passporting or the UK’s flexible, innovation-driven approach.
How Michael Saylor’s Strategy became the largest Bitcoin holder
Michael Saylor turned a software company into a Bitcoin powerhouse by converting corporate reserves into digital gold.
The secret map whales use to liquidate you (learn how to read it)
Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets.
Bitcoin threatens $104K 'rug pull' as trader says major move yet to come
Bitcoin order book liquidity spoofing is back as analysis says that a key BTC price event is still "brewing." Can bulls protect $104,000?
Solana Foundation, Bitget Wallet join Ondo Finance’s ‘market alliance’
Eight crypto exchanges, custodians and wallets have joined a group formed to accelerate the adoption of tokenized assets.
Bitcoin price stabilizes and rallies amid regional conflicts, data shows
Throughout the last 10 years, Bitcoin’s price has remained resilient to war and armed conflict.
Coinbase seeks SEC approval for ‘tokenized equities’ — Report
If approved by the US regulator, the investment offering could have Coinbase competing against other stock trading platforms.
Cycles eyes sustainable crypto credit after 2022 liquidity crisis
“The panic of ‘22 showed that much like in TradFi, liquidity and solvency are intimately bound up with each other,” said Cycles’ Ethan Buckman.
Regulatory uncertainty looms as CFTC struggles with vacancies
New legislation in Washington would have the CFTC regulate crypto, but is it currently able to provide effective rulemaking?
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
After clearing a key procedural vote, the GENIUS Act faces a final decision in the Senate before moving to the House of Representatives.
JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions.
Ether price stable near $2.4K as crypto investors bet on long-term growth
Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.
SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
The Tuesday notices will push the SEC's deadline to approve or disapprove of the ETFs to late July, though it could be delayed further at that time.
US Senate passes GENIUS stablecoin bill in 68-30 vote
The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.
25% Bitcoin price rally set to follow today’s correction if history repeats
A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to new all-time highs.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.