Search results for Canton Foundation
Crypto
U.S. CLARITY Act stalls; Bitcoin and XRP face \'double pressure\' amid regulatory gap
With the U.S. CLARITY Act pushed back again to July, Bitcoin and XRP are struggling around the psychological supports of $60,000 and $1. A U.S. House hearing is set for July 17 in New York, while a 60-vote Senate threshold remains key. Market participants cite ETF outflows, a strong dollar and rate expectations weighing on sentiment. In South Korea, financial firms are moving ahead with partnerships and infrastructure plans as digital-asset legislation is delayed.
Crypto
Financial sector \'digital asset alliance\' spreads as firms build infrastructure ahead of regulation
As debate continues in South Korea over regulating digital assets, financial firms are accelerating efforts to secure related infrastructure. Banks, securities firms and asset managers are moving beyond investment and cooperation with exchanges to widen ties with global blockchain foundations, real-world asset companies and token securities platforms. Industry participants are signing partnerships and making equity investments, while firms also examine stablecoin, tokenisation and distributed-ledger infrastructure as they prepare for competition after formal rules are set.
Crypto
KB Securities signs MOU with Canton, Wavebridge to build digital asset infrastructure
KB Securities is partnering with the Canton Foundation and Wavebridge to push a shift in South Korea\'s capital markets toward distributed ledger-based infrastructure. The three signed a memorandum of understanding on June 4 at KB Securities\' headquarters in Seoul\'s Yeouido district. They will jointly review applying Canton Network-based infrastructure to domestic capital market transactions. They also plan to expand cooperation to introducing distributed ledger-based financial products and building overseas distribution infrastructure.