SEC Rescinds SAB 121 Removing Major Bank Digital Asset Custody Hurdle
The SEC's SAB 121 rescission eliminates prohibitive balance sheet constraints, strategically clearing the path for institutional banking entry into digital asset custody.
Nasdaq Files Rule Change to Support Tokenized Stock Trading and Settlement
Integrating DLT into core market infrastructure will drive T+0 settlement efficiency and prevent liquidity fragmentation across global equity markets.
Citigroup Executes Live Ethereum Custody Pilot for Institutional Client Assets
Integrating native Ether custody into the core platform establishes a compliant institutional on-ramp, mitigating counterparty risk and unlocking new asset service revenue streams.
Major Financial Institutions Tokenize US Treasuries for 24/7 Institutional Liquidity
Tokenizing sovereign debt as a yield-bearing digital asset enables corporate treasuries to achieve instant, intraday liquidity management and superior capital efficiency on a global scale.
SEC Staff Permits State Trust Companies Digital Asset Custody
The SEC staff's no-action relief operationalizes crypto custody for registered funds, expanding institutional access under rigorous due diligence standards.
New Hampshire Approves First $100 Million Bitcoin-Backed Municipal Bond Issuance
This innovation tokenizes a debt instrument with a digital asset collateral pool, providing a scalable, compliant bridge between traditional public finance and the crypto capital ecosystem.
Broadridge DLT Platform Scales Repo Market Settlement to $280 Billion Daily
The DLT platform automates collateral movement and settlement finality, drastically improving capital efficiency and unlocking latent liquidity for global financial institutions.
Federal Reserve Rescinds Prior Crypto Guidance Easing Bank Digital Asset Entry
The Federal Reserve's withdrawal of pre-approval letters normalizes crypto oversight, integrating digital asset activities into standard bank risk management protocols.
UK Government Publishes Draft Law Regulating Crypto Exchanges and Stablecoin Issuers
The UK's expansion of the FSMA perimeter to include crypto activities mandates firms must now integrate traditional finance standards for operational resilience and conduct.
