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Crypto

Swiss crypto bank Amina joins EU-regulated blockchain-based securities market

Swiss crypto bank Amina is joining an EU blockchain-based securities settlement platform, Cointelegraph reported on March 9. Amina became the first official bank participant in the 21X platform, which operates under the EU distributed ledger technology pilot regime and supports issuance and trading of tokenised securities. Amina plans to work with Luxembourg-based tokenisation technology firm Tokeny to help companies issue tokenised securities.

Crypto

Ripple expands stablecoin payments stack for banks and fintechs

Ripple is expanding its Ripple Payments stablecoin payments platform aimed at banks and fintech firms, Cointelegraph reported on Monday. The move is intended to ease the burden of holding funds overseas and increase the speed of cross-border transactions. Ripple said it upgraded Ripple Payments to support the full stablecoin processing flow, including collection, custody, conversion and payout. The platform operates in more than 60 markets and has processed over $100 billion in transactions.