Interview: Nischal Shetty outlines Shardeum’s roadmap post mainnet launch

Shardeum, India’s first autoscaling Layer 1 blockchain, recently launched its mainnet with a focus on payments and developer-first solutions for emerging markets. Positioned as a settlement layer for PayFi, DeFi, and GameFi, the platform promises near-instant transactions at a fraction of a cent through its dynamic state sharding architecture.

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Ripple’s $200 million Rail acquisition signals shift in global stablecoin payments

Ripple has announced a $200 million acquisition of Rail, an international payments platform specialising in stablecoin infrastructure. The deal, expected to close by Q4 2025 pending regulatory approval, is positioned to strengthen Ripple’s offerings in digital asset settlement and global payments, particularly through stablecoins like RLUSD and XRP.

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$10m SEC settlement hits MyConstant founder over TerraUSD investment and misuse of funds

The United States Securities and Exchange Commission has finalized a settlement with the founder of MyConstant, ordering him to pay over $10 million in penalties and restitution for misusing investor funds and making false claims about his platform’s crypto lending…

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Visa expands settlement platform with Stellar and Avalanche, adds PYUSD, USDG, and EURC stablecoins

Visa has expanded its stablecoin settlement platform by adding two new blockchains and three stablecoins, including the newly approved USDG in Europe, to support faster and more flexible digital payments.

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NEAR Protocol partners with Everclear to transform cross-chain stablecoin settlement

The NEAR Foundation has confirmed a strategic alliance aimed at redefining how individuals exchange stablecoins and top digital assets across blockchains. The platform is joining forces with Everclear, a recognized protocol for cross-chain settlements.

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Cactus Custody and Bybit Forge Strategic Partnership with Cactus Oasis Integration

Cactus Custody, Asia’s leading compliant and licensed digital asset custodian under Matrixport Group, has partnered with global cryptocurrency exchange Bybit to integrate its off-exchange settlement solution, Cactus Oasis, into the Bybit platform.

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FalconX joins Lynq digital settlement layer as launch partner

FalconX has joined Lynq as a launch partner, alongside other major industry players such as Galaxy, Crypto.com, and Wintermute. FalconX, a leading institutional crypto trading and prime brokerage platform, has joined Lynq, a real-time interest-bearing settlement network, as a launch…

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Tokenized Securities Trading Venue 21X Adds Circle’s USDC Stablecoin

The collaboration will power atomic settlement of tokenized stocks, bonds and funds on 21X’s regulated trading platform.

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Kraken re-instates crypto staking after $30m SEC settlement

After the SEC ordered Kraken to close its U.S. staking platform in 2023, the exchange has re-opened crypto staking for specific tokens in select states.

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Goldman Sachs To Launch Digital Assets Platform Amid Growing Institutional Interest

Goldman Sachs is launching a new blockchain venture to transform trading and settlement processes, partnering with Tradeweb to explore innovative financial solutions. The post Goldman Sachs To Launch Digital Assets Platform Amid Growing Institutional Interest appeared first on BeInCrypto.

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JPMorgan Unveils Instant Dollar-Euro Settlement Feature on Blockchain Platform Kinexys

Сообщение JPMorgan Unveils Instant Dollar-Euro Settlement Feature on Blockchain Platform Kinexys появились сначала на Coinstelegram.

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JPMorgan Renames Blockchain Platform to Kinexys, to Add On-Chain FX Settlement for USD, EUR

The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.

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JPMorgan to launch dollar-euro FX settlements via Kinexys blockchain

JPMorgan is rolling out instant dollar-euro FX settlement on its Kinexys blockchain, with sterling set to follow pending regulatory clearance. Banking giant JPMorgan Chase & Co. is set to bring foreign exchange settlements for dollar-euro transactions on its blockchain platform…

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Standard Chartered and Ant International complete SGD settlement on blockchain: report

Standard Chartered and Ant International completed SGD-denominated liquidity transfers using Ant’s Whale platform. British multinational bank Standard Chartered alongside Ant International has completed SGD-denominated liquidity transfers using Ant International’s blockchain-based Whale platform, The Asian Banker has learned. According to a…

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FTX reaches $228 million settlement with Bybit amid bankruptcy efforts

FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital assets held on Bybit’s platform and sell about $53 million in BIT tokens to Mirana […] The post FTX reaches $228 million settlement with Bybit amid bankruptcy efforts appeared first on CryptoSlate.

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Blockchain-Based Investment Platform Assetera to Offer Tokenized Assets on Polygon

Assetera will use Ethereum scaling network Polygon to secure transactions and utilize stablecoins for purchase, clearing and settlement to ensure the process is fast and efficient.

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Mango Markets mull $500K CFTC settlement amid ‘ongoing’ investigation

Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.

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eToro trading: U.S. clients restricted to BTC, ETH, BCH post SEC deal

eToro trading platform will restrict U. S. crypto trades to Bitcoin, Ethereum, and Bitcoin Cash following a settlement with the SEC. The SEC has fined eToro $1. 5 million for operating as an unreThe post eToro trading: U.

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Crypto freedom on the chopping block? eToro’s SEC deal raises alarms

Could eToro’s settlement with the SEC be the beginning of a major shift in how crypto assets are regulated? Will other platforms face similar crackdowns in the near future? SEC strikes, eToro settles eToro, an Israel-based global crypto trading platform,…

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SEC Implicitly Recognizes Ether Is Not A Security In $1.5 Million Settlement With eToro

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eToro Reaches Settlement with SEC and Will Cease Trading Nearly All Crypto Assets

Trading platform eToro agreed to pay $1. 5 million to settle charges it operated an unregistered broker, an unregistered clearing agency and facilitated trading certain crypto assets as securities, the U.

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eToro limits crypto trading to only 3 assets, including Bitcoin, after $1.5M SEC settlement

Trading platform eToro will halt trading for most digital assets on its platform following a $1. 5 million settlement with the US Securities and Exchange Commission (SEC), according to a Sept. 12 statement.

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EToro Reaches $1.5M SEC Settlement, Agrees to Stop Trading Most Cryptocurrencies

The only crypto assets U.S. customers will be able to trade on the company’s platform are bitcoin, bitcoin cash and ether.

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eToro US to cease nearly all crypto trading following SEC settlement

The trading platform agreed to pay $1.5 million as part of the settlement with the SEC.

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Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban

Huma's payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement.

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U.S. SEC Settles With Abra Over Unregistered Sales of Securities

Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday.

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U.S. SEC Settles with Abra Over Unregistered Sales of Securities

Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday.

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BNP Paribas launches Slovenia’s 1st sovereign bond on Canton blockchain

Slovenia has made history by issuing the Eurozone’s first sovereign digital bond, utilizing the Canton blockchain platform for on-chain settlement. Slovenia has issued the Eurozone’s first sovereign digital bond in an on-chain transaction facilitated by French banking giant BNP Paribas…

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Abra buys Valkyrie’s Tron and Zilliqa trusts

Abra, the digital assets and wealth management platform, purchased Tron (TRX) and Zilliqa (ZIL) among other private crypto trusts from Valkyrie Investments. Bloomberg reported on Friday that Abra acquired the private trusts just before its settlement with 25 U.S. state…

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Mastercard joins forces with US banking titans for tokenized settlement trials

The partnership between significant banking giants in the U.S. and Mastercard aims to streamline multiple asset-class settlements on a shared ledger platform.

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Coincall Launches CALL Token, Revolutionizing the Virtual Currency Derivatives Platform

Coincall, a leading cryptocurrency derivativies exchange, proudly announces the launch of its native token, CALL. CALL is based on the Solana standard protocol, which can be traded freely like other cryptocurrencies and supports derivative settlement services on the Coincall platform starting April 29th, 2024.

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AVAX Soars 9% As Avalanche And Chainlink Announce Partnership For Global Asset Circulation

According to a recent announcement from blockchain platform Avalanche (AVAX), Australia and New Zealand Banking Group (ANZ) has partnered with Chainlink (LINK) Labs to explore the potential of on-chain digital assets for global movement and settlement.

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Zeebu Leads Charge in Web3 Payments as it Soars to $1 Billion Milestone in Q1

Zeebu, a Web3 Neobank designed specifically for the telecom carrier sector, has revealed that its platform has processed more than $1 billion in invoice settlement. Relentless innovation at the nexus of financial services and blockchain technology has paved the platform’s path to this milestone and redefined telecom settlement procedures. Zeebu has shown impressive growth and […]

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Deutsche Boerse Starts Crypto Trading Platform for Institutional Clients

Deutsche Boerse will operate the trading venue, and Crypto Finance will provide settlement and custody services.

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ENS considering $300k settlement over eth.link litigation

ENS Labs has shared a $300,000 settlement offer from Manifold Finance to resolve a contentious dispute over the eth. link domain name with the decentralized autonomous organization (DAO) governing the platform.

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Binance's Busy Day, Kraken's Second SEC Fight

Binance is paying one of the largest fines in corporate history to the U. S. Department of Justice, while its founder and CEO, Changpeng "CZ" Zhao, stepped down from his role running the platform as part of a settlement with multiple federal agencies.

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Membrane announces first derivatives trade settled on network

Membrane Labs Inc., a leading institutional-grade digital asset settlement and workflow management platform, today announced the successful completion of its first derivatives settlement with prominenThe post Membrane announces first derivatives trade settled on network appeared first on AMBCrypto.

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FTX eyes return of $9 billion in customer funds through settlement proposal

Bankrupt FTX might claw back 15% from customers with claims over $250,000 from the platform nine days before its bankruptcy by requiring them to reduce claims, per an Oct. 16 statement. FTX is proposing a settlement to customers who withdrew more money from their accounts than they deposited in the 9 days before FTX filed […] The post FTX eyes return of $9 billion in customer funds through settlement proposal appeared first on CryptoSlate.

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BlackRock leverages JPMorgan’s new blockchain tools for instant collateral settlement with Barclay’s

BlackRock used tokenized shares from one of its money market funds as collateral in a derivatives transaction with Barclays, leveraging JPMorgan’s newly introduced Tokenized Collateral Network (TCN), a blockchain-driven collateral settlement platform, per a Bloomberg report on Oct.

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Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform

HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.

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Hong Kong Stock Exchange launches settlement platform powered by smart contracts

Dubbed “Synapse,” the platform will accelerate trades placed by international investors for Mainland Chinese stocks.

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Zeebu secures $25 million in presale for world’s first on-chain invoice settlement platform for Telecom carriers

Zeebu, the innovative blockchain-based settlement platform for the telecom carrier industry, has successfully raised $25 million in a presale funding round, surpassing its hard cap target of $15 milliThe post Zeebu secures $25 million in presale for world’s first on-chain invoice settlement platform for Telecom carriers appeared first on AMBCrypto.

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Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’

Crypto exchange Gemini rejected the proposed settlement deal between bankrupt crypto platform FTX and Genesis, according to an Aug. 31 court filing. Gemini posited that the proposed settlement between the failed firms is an attempt to manipulate the voting process for the bankruptcy plan, further describing it as a “sweetheart pre-plan deal” designed to benefit […] The post Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’ appeared first on CryptoSlate.

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Zeebu - Disrupting the Telecom Carrier Space

Raj Brahmbhatt is the co-founder and CEO of Zeebu, a blockchain-based settlement platform for telecom carriers. Zeebu aims to revolutionize the telecom wholesale voice industry by introducing a decentralized ecosystem for voice traffic exchange.

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Celsius reaches settlement that will enable users to receive assets by year-end

Celsius has reached settlements that will allow it to return user assets by the end of 2023, the Wall Street Journal reported. Celsius’ reorganization plan involves returning only part of the crypto users deposited on the platform.

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FTC Drops The Hammer On Celsius Network With Historic $4.7 Billion Fine

The US Federal Trade Commission (FTC) has reached a settlement with cryptocurrency platform Celsius Network, which has been charged with duping consumers into transferring cryptocurrency into their platform and then “squandering” billions in user deposits.

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FTC Banned Celsius from Handling Customer Assets

The Federal Trade Commission (FTC) has struck a settlement with Celsius Network, a cryptocurrency platform currently in bankruptcy. The settlement, pending approval, will see Celsius permanently prohibited from dealing with...

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Singapore bank DBS allows e-CNY settlements

The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian, a project for testing asset tokenization and DeFi for traditional banks.

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Singapore Bank DBS Starts e-CNY Collection Platform for Corporate Clients in China

The newly launched merchant collection solution allows businesses automated settlement of e-CNY into their CNY bank deposit accounts.

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