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Jeremy Allaire: Yuan Stablecoin Could Boost China’s Global Currency Ambitions

China weighs control against innovation as yuan stablecoin prospects grow amid rising global competition in digital finance. Global interest in stablecoins continues to grow as countries assess their role in finance. Attention is now shifting toward how national currencies could compete through blockchain-based systems. China, long cautious on crypto, faces...

Bitcoin Won. Wall Street Fights Tokenized Stocks Next: Galaxy

Are banks really pro-crypto? Galaxy’s Alex Thorn exposes how Wall Street lobbyists fight tokenized stocks behind closed doors at SEC. Wall Street has quietly shifted its battleground. Banks and brokerages now back Bitcoin and crypto publicly.  Behind closed doors, however, their Washington lobbyists are fighting real crypto integration.  Galaxy’s Alex...

Legal & General Launches Tokenized Funds on Blockchain Network

Legal & General brings £50B liquidity funds onchain via Calastone, enabling faster settlement, tokenized access, and digital investment solutions. London-based Legal & General Asset Management has launched tokenized liquidity funds on a blockchain network. The relocation enables investors to digitally access and transfer fund shares. In addition, the system provides...