EDX Markets’ bid for a federal trust bank charter, backed by Citadel and Fidelity, aims to move crypto custody and settlement into the U.S. regulated banking system. The effort is a high-stakes test of whether Wall Street can internalize core crypto infrastructure under federal oversight.
Bank of Japan Governor Kazuo Ueda said the BOJ will run experiments using blockchain to settle deposits that financial institutions hold with the central bank. The trials are intended to explore improvements in settlement efficiency and operational resilience.
Ripple’s CTO says XRP is positioned to act as a neutral settlement asset alongside Bitcoin, aiming to speed up cross-border payments and cut liquidity costs for banks and payment providers.