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Crypto Biz: Crypto’s biggest business is starting to look a lot like banking

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2 months ago

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Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.

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Saudi Arabia exits China-backed mBridge CBDC project: FT

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5 hours ago

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September 21, 2026

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Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times.

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Ondo lets institutions convert stocks directly into tokenized shares

Published

7 hours ago

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September 21, 2026

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Ondo’s new in-kind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash.

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Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again: NYT

Published

8 hours ago

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September 21, 2026

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The digital asset-aligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to Bernie Moreno.

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