BNY Adds USDC to Institutional Custody Platform in Expanded Circle Partnership
BNY Mellon added USDC as the first stablecoin on its Digital Asset Custody platform, allowing institutional clients to store, transfer, mint, and redeem the token. The bank, which holds $59.4 trillion in assets under custody, expanded its partnership with Circle to support Circle's dollar-pegged stablecoin alongside traditional assets.
Read full story →Ethereum (ETH) Liquid Staking Protocol Lido Initiates Overhaul by Shifting Billions in Staked Ether to Higher-Capacity Validators
Lido is consolidating over 8 million ETH worth approximately $16 billion into larger validators as part of a significant infrastructure update. This represents the protocol's most substantial core change since its V2 release in 2023.
Momentum for Clarity Act fades as Senate shelves crypto market structure bill until fall
The Senate postponed the Clarity Act, a cryptocurrency market structure bill, until fall. The delay potentially affects US competitiveness in global crypto regulation and market stability.
European financial institutions unite to launch RL1 blockchain infrastructure
A group of European financial institutions launched RL1, a blockchain infrastructure designed to align with EU regulatory frameworks. The platform represents a shift toward regulated blockchain solutions in digital finance.