Joseph Rees
author
Articles By This Author
HSBC Expands Orion Network to UAE, Enabling Real-Time Dirham Liquidity Flows
Key Takeaways HSBC launched its tokenized deposit service in the UAE, adding the dirham to a 24/7 blockchain cash network. The rollout expands HSBC Orion’s
Cboe Launches Prediction Markets With Yes-or-No S&P 500 Index Contracts
Key Takeaways Cboe launched XSP binary options via Interactive Brokers, entering retail-focused prediction-style derivatives. Contracts offer fixed $100 or $0 payouts based on index settlement,
XRP Withdrawal Activity Reaches Highest Level Since June 2024 on Binance
Key Takeaways Withdrawals made up 53.8% of Binance XRP transaction activity, while Coinbase also showed a deeper negative net transaction reading. Deposit activity fell to
Ripple Nears 30-Country Payments Rollout After Preliminary MiCA Approval
Key Takeaways Ripple secured a major regulatory breakthrough with conditional approval to expand crypto services across Europe. Banks, fintechs, and corporates could access Ripple’s crypto
Chainlink and Over 10 Korean lenders Push to Kill FX Delays With Real-Time Settlement
Key Takeaways Chainlink’s Project Pangea unites 37 European banks and 10-plus Korean lenders in a $9.6T FX settlement push. UniKA members, including Shinhan Bank, aim
Zuckerberg Orders Meta Into Prediction Markets With New App Codenamed ‘Arena’
Key Takeaways NYT reports that Meta’s founder Mark Zuckerberg prioritizes Arena, a prediction markets app targeting 3.56 billion daily users. Arena will initially use a
Ark Invest Adds $32.5 Million as Stock Tumbles 16%
Key Takeaways Ark Invest bought 210,121 SPCX shares worth about $32.5 million on June 22 as the stock fell 16%. Wood’s firm has spent more
Visa and BCG Build on Allium as Startup Closes $40M Series B
Key Takeaways Allium closed a $40M Series B led by Amplify Partners, bringing total funding to roughly $61.5 million. Visa and BCG built stablecoin dashboards
CLARITY Act Heads Into Decisive July as House Schedules Back-to-Back Crypto Hearings
Key Takeaways The House Financial Services Committee has set July 14 and July 17 hearings touching Fed policy and the CLARITY Act. Fed Chair Kevin
Coins.ph Partners with Clear Junction to Expand Services into Europe and UK
Philippine digital asset platform Coins.ph has announced a strategic partnership with London-based payment infrastructure provider Clear Junction to expand its cross-border payment and financial services