Tag: regulated
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Payward, Kraken’s Parent, Aims to Be First CFTC-Regulated HIP-3* Deployer on Hyperliquid, Paving Way for US Perpetual Futures
Payward, the parent company behind the prominent cryptocurrency exchange Kraken, has announced its ambitious intention to become the inaugural CFTC-regulated HIP-3* deployer on the Hyperliquid network. This strategic move is poised to revolutionize the landscape of digital asset derivatives in the United States, as Payward plans to leverage Hyperliquid’s infrastructure to offer perpetual futures markets…
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Global Banking Consortium Led by Wall Street Giants Announces Joint Initiative to Launch Regulated US Dollar Stablecoin for International Settlements
A coalition of 21 of the world’s most influential financial institutions, including Wall Street stalwarts Bank of America, Wells Fargo, Citigroup, and Goldman Sachs, has unveiled a comprehensive plan to develop and launch a proprietary US dollar-pegged stablecoin. This initiative represents a significant pivot in the traditional banking sector’s approach to digital assets, moving from…
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