If your following the @consensys lawsuit against U.S. Securities and Exchange Commission :

We found the congressional testimony of SEC Chair Gensler on Ether

Consensys alleges this was six days after the SEC issued an order that ETH IS a security

tbc he did not lie

ledgerinsights.com/sec-classifies…

Can incumbents do a better job for #digitalasset #custody ? They manage way more assets

#Bitcoin miner MARA appointed StanChart's Zodia as a custodian

Zodia is also backed by SBIホールディングス（株） & Northern Trust ($16.5 trillion under custody)

ledgerinsights.com/stanchart-back…

Onyx the J.P. Morgan #blockchain division has expanded into municipal bond issuance

ledgerinsights.com/quincy-us-muni…

.Visa has launched a #stablecoin analytics website.

It strips out bot transactions showing true 'settlement' is about a tenth of total volumes

Why is Visa doing this? :

ledgerinsights.com/visa-launches-…

Previously the @ECB had said a #digitaleuro might launch in 2026

Now the Bundesbank says it may be 2028/2029

ledgerinsights.com/digital-euro-u…

Yesterday a new U.S. #stablecoin was unveiled

It:
- blocks BigTech from issuing one unless it's in finance

- gives Federal Reserve influence over all stablecoins (incl state). Less so for smaller state ones

- overturns SEC crypto accounting rule

ledgerinsights.com/lummis-gillibr…

The HKMA 香港金融管理局 has taken a pragmatic approach to bank usage of #DLT

It's not ruling out the use of permissionless #blockchains

However, banks have to properly manage the risks

ledgerinsights.com/hong-kong-prov…

Major #tokenization initiative, Regulated Liability Network, enters an experimental phase

Tech: R3 & Quant

All the UK's largest banks are involved HSBC Lloyds Bank Barclays Bank NatWest Group Nationwide Santander UK Citi +

ledgerinsights.com/uk-banks-join-…

German bank LBBW is the latest to unveil plans for crypto custody, trading

Partnered with Bitpanda

ledgerinsights.com/german-bank-lb…

Interoperability for (institutional) asset tokenization needs a more practical approach

So argues the Chief Architect Calastone the fund distributor (processes £250 billion/m)

They recently partnered with Schroders to explore tokenizing fund assets

ledgerinsights.com/unlocking-the-…

Do policy makers get #tokenization ?

Based on a panel of senior executives from the Bank of England IMF World Bank and Bank for International Settlements

Yes!

They see the potential upsides. Also have some concerns outlined here:

ledgerinsights.com/tokenization-b…

The European Central Bank has announced the first participants in wholesale #DLT trials using central bank money

ledgerinsights.com/ecb-wholesale-…

The Bank of England + Financial Conduct Authority shared more details re the Digital Securities Sandbox

Starting a consultation

Including volume limits that don't look especially generous => For financial stability reasons etc.

ledgerinsights.com/uk-digital-sec…

The Bank for International Settlements Innovation Hub unveiled its most ambitious project to date

7 central banks involved in cross border payments tokenization project + tokenized deposits

USD Euro GBP JPY CHF WON MX$

ledgerinsights.com/seven-central-…

A US #CBDC survey conducted by Philadelphia Fed

Has surprising results re privacy + cross border payments

ledgerinsights.com/philadelphia-f…

ICYMI a regional Japanese bank is the first to launch a #stablecoin backed by bank deposits

ledgerinsights.com/hokkoku-bank-j…

UK #DLT startup Coadjute has raised £10m from Lloyds Bank NatWest Group Nationwide

It helps to make the real estate sale process more transparent and faster

Corda

ledgerinsights.com/lloyds-natwest…

There's much focus on institutional investment with Bitcoin ETFs

Laser Digital part of Nomura is upping the ante

It's launching a new fund

Providing institutions with staking exposure to Polygon | Aggregated MATIC

ledgerinsights.com/nomura-laser-d…

.HSBC makes tokenized gold available to consumer customers in Hong Kong

Not the first bank, but certainly the biggest to do so

ledgerinsights.com/hsbc-tokenized…

The UK's The Investment Association published a 2nd government working group report on fund #tokenization

Plans to run industry trials to tokenize money market funds for collateral +

Wants to explore beyond private #blockchain

ledgerinsights.com/uk-fund-tokeni…