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Fedwire ISO 20022 implementation officially launches July 14, 2025, as confirmed by the Federal Reserve Financial Services. This ISO 20022 payment standard upgrade transforms the Fedwire system update, enhancing cross-border payment efficiency and also accelerating crypto market adoption for compliant digital assets. Right now, investors are closely monitoring which cryptocurrencies will benefit most from this major transition. Federal Reserve Official ISO 20022 Implementation Announcement – Source: frbservices.org Also Read: US FHFA Chair Calls for Congress to Investigate Fed Chair Powell Fedwire ISO 20022 Launch Boosts Payment Efficiency and Crypto Market Adoption Federal Reserve Financial Services – Source: frbservices.org The Federal Reserve Financial Services confirmed the Fedwire ISO 20022 implementation timeline after extensive preparation and industry collaboration. This ISO 20022 payment standard represents a major shift in payment messaging, and it’s directl...

Cboe is set to launch the first cash-settled index options product for spot Bitcoin ETFs. The options are based on the new Cboe Bitcoin U.S. ETF Index, designed to reflect the performance of spot Bitcoin ETFs listed on U.S. exchanges. The options will launch on December 2, 2024, exclusively listed and traded on the Cboe Options Exchange. JUST IN: CBOE to launch first cash-settled index options product for spot #Bitcoin ETFs. — Watcher.Guru (@WatcherGuru) November 22, 2024 According to Cboe’s press release , this modified market cap-weighted index is designed to track the performance of a basket of spot Bitcoin ETFs listed in the U.S. Moreover, it is designed to correlate to the price of spot Bitcoin, making it a representative measure of the asset. These index options will be cash-settled. This means positions are closed in cash at expiration, removing the complexities of physically delivering Bitcoin ETFs. “Our new suite of options on the Cboe Bitcoin U.S. ETF Index o...

Hex Trust launches USDX, the first native stablecoin on Flare, backed 1:1 by USD. USDX can be staked in Clearpool’s T-Pool for real-world yield without lock-ups. USDX aims to enhance Flare’s DeFi ecosystem, supporting lending and borrowing. Hong Kong-based digital asset custodian, Hex Trust Group, has launch ed USDX, the first native stable coin on the Flare network. The move by Hex Trust Group will bolster the decentralized finance (DeFi) ecosystem on Flare, a layer-1 blockchain tailored for data-intensive applications. USDX stablecoin by HT Digital Assets USDX, developed by HT Digital Assets, Hex Trust’s tokenization ecosystem, is a stablecoin backed 1:1 against the U.S. dollar or equivalently valued assets. The stablecoin’s reserves primarily consist of 1-3 month Treasury Bills, held securely by regulated tier-1 financial institutions, ensuring stability and trust in the stablecoin’s value. The stablecoin is designed to s...

BingX is launching USDC-margined trading, a Launchpad and Launchpool as it celebrates its sixth anniversary. The platform plans to expand to Turkey, Vietnam and Argentina The exchange will also collaborate on a Netflix documentary aimed at animal protection and conservation.  Crypto ex change BingX is set to expand its crypto services and products to Turkey, Vietnam and Argentina, according to a press release published on Monday. The exchange’s global expansion will include localized products and campaigns, as well as key partnerships. BingX to launch USDC-margined futures trading BingX will also launch USDC- margin futures trading on its platform. There are also plans to expand the range of crypto assets for trading margin, while users will benefit from key updates on coin-margined futures trading, the exchange noted in the announcement. Also notable is BingX’s unveiling of a Launchpad and Launchpool, all part of a global expansion ...

Bybit.nl brings more crypto services and products to Dutch users. The launch follows Bybit’s partnership with SATOS, a crypto platform with operations in the Netherlands and Belgium since 2013. Bybit has announced the launch of Bybit.nl, a regulated digital asset platform for users in the Netherlands. The crypto news comes as more people look into crypto trading and investing amid Bitcoin’s surged to above $70k. According to Bybit, expansion into Netherlands via Bybit.nl is part of the mission to bring crypto to more users across the globe. The new digital asset platform allows for this within the regulatory guidelines of the Netherlands. “ We are thrilled to launch our regulated digital asset platform in the Netherlands, furthering our commitment to serving users while upholding regulatory compliance ,” said Ben Zhou, co-founder and CEO of Bybit. Bybit taps SATOS to expand in the Netherlands Bybit is partnering with SATOS, a c...

Bitcoin could soon regain its recent all-time high amid an upcoming halving event, huge ETF capital inflow, and favourable macroeconomics. Newly released Rebel Satoshi presents a strong case for being the next viral meme coin. Bitcoin is proving many doubters wrong on how it may be the best crypto investment. After a round of profit-taking following the all-time high it set earlier this week, BTC could be set to regain that level again in the near term. However, it’s not the only project receiving attention. The new rebellious meme coin, Rebel Satoshi ($RBLZ), is beginning to attract investors after an eagerly awaited official launch . Learn more later about the project and how to get involved. Let’s first begin the news by looking at Bitcoin’s rise. Bitcoin surpasses $69,000; sets new all-time high Bitcoin has shown no let-up in its recent surge, which began in September 2023. The monthly low for BTC back in September was $24,9...

Japan Airlines Co., Ltd. (JAL) and Hakuhodo Inc have partnered to develop a joint collection of non-fungible tokens (NFTs). According to a blog post by KOKYO NFT, the initiative, scheduled to launch in February 2024, aims to convert unique experiences from six regions of Japan into non-fungible tokens. 1/ Hakuhodo and JAL unveil the Second Phase of “KOKYO NFT” ️ Hakuhodo and Japan Airlines are launch ing the second iteration of “KOKYO NFTs” this February, a collection of NFTs unlocking 6 unique exclusive local experiences across Japan! Check the official website… pic.twitter.com/x1gGLPnfJP — KOKYO NFT (@Kokyo_nft) February 5, 2024 According to the developer, one of the global goals of the NFT launch is to promote a sense of community among stakeholders both in Japan and around the world by digitizing assets such as art and real estate. In parallel with the upcoming challenge, an advertising campaign uses dynamic origami-themed NFTs. In this interactive setup, participan...

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. The Cosmos ecosystem has been gaining traction of late, partly due to its community’s decision to slash the inflation rate cap from 20% to 10% but also due to the growing adoption of DYDX, Celestia, and Kuji. Native issuance of USD Coin (USDC) via Noble and CCTP built on a Cosmos SDK chain has benefited the ecosystem. One beneficiary of growing interest in Cosmos could be Eclipse Fi, a multi-chain token launch protocol seeking to restore the reputation of a genre notorious for unfair allocations and pump-and-dump schemes. It aims to become the leading launch platform for the Cosmos ecosystem and up-and-coming EVM layer-2s. Thankfully, its aspirations are backed by Features that address the industry’s shortcomings.  Its strong ties with Cosmos-based decentralized exchange...

Binance has announced the launch of a new entity in Poland known as Poland sp. z o.o, with its main focus on the Belgium market. The Belgian Financial Services and Markets Authority (FSMA) recently ordered the company to stop offering its services in Belgium due to violating internal compliance laws. With the creation of its new entity in Poland, the company will be able to continue offering its services to Belgian residents. Binance explained that Belgian users will be able to keep using its platform by accepting the terms of use of Binance Poland for Belgian users. In particular, customers might have to resubmit some old information related to KYC to comply with the local regulations. You might also like: Binance ordered by Belgian regulator to suspend crypto services Binance’s issues within EU Since its launch in July 2017, Binance has experienced remarkable growth and has become a popular choice for cryptocurrency traders worldwide. However, most recently, ...