DBS and Citi have completed a cross-border dollar payment within minutes over a weekend using tokenized deposits, testing an always-on transfer system while raising questions about final settlement, liquidity and foreign exchange pricing. According to Ryan Kirkley, CEO and co-founderβ¦
Canadaβs banking regulator has clarified that tokenized deposits are not legally different from traditional deposits, giving federally regulated financial institutions a clearer path to develop deposit products using blockchain and other digital technology. The Office of the Superintendent of Financialβ¦
Arthur Hayes has released the FLOP Network technical paper detailing a proof-of-useful-inference blockchain for AI agents, with a genesis supply of approximately 2.48 billion FLOP tokens allocated through airdrops. According to the FLOP Network details shared by Hayes, the protocolβ¦