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Custodia, Vantage propose token that toggles between bank deposits and stablecoins

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The proposed system aims to connect traditional banking infrastructure with blockchain-based payment networks with banks retaining customer deposits.

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Coin Market

Metaplanet equity backlash, SE Asia crypto funding doubles: Asia Express

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Shareholders of Bitcoin treasury company Metaplanet are seething over equity allocations for insiders, while new figures cement Singapore’s role as the top Asian crypto hub.

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ESMA warns growing crypto ties could amplify risks to traditional finance

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The EU securities regulator flagged tokenized equities, DeFi exploits and prediction markets as areas where growing crypto ties could pose risks to the broader financial system.

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UK House of Lords backs mandatory digital asset strategy over Labour position

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The amendment would require the UK Treasury to develop a strategy covering cryptoassets, stablecoins, tokenized securities and digital financial infrastructure.

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