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Ripple (XRP) co-founder Chris Larsen and venture capitalist Tim Draper are deploying approximately $40 million through a new political organization called Grow California to support moderate legislative candidates and counter union-backed proposals for a wealth tax on the state's richest residents.

The Bank of England unveiled plans Thursday to finalize regulatory frameworks for systemic stablecoins, tokenized collateral, and a Digital Securities Sandbox by the end of 2026, with Sasha Mills, the bank's executive director for financial market infrastructure, telling attendees at the Tokenisatio

A former Bank of England senior analyst has urged Governor Andrew Bailey to develop contingency plans for potential financial market turmoil that could follow official confirmation of extraterrestrial life, warning that such an announcement might trigger asset repricing, a rush toward safe havens in

State Street, the custody bank that services $46.7 trillion in assets, announced Thursday it has launched a digital asset platform designed to support tokenized money market funds, exchange-traded funds and cash products including tokenized deposits and stablecoins. What Happened: Custody Giant Unve

DZ Bank, Germany's second-largest lender, has secured authorization under the European Union's Markets in Crypto-Assets Regulation from the German Federal Financial Supervisory Authority (BaFin) and simultaneously joined an 11-bank consortium working to launch a regulated euro stablecoin, marking a