U.S. state banking associations plan to launch their own nationwide blockchain network
--
The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system's regulatory sphere.
TD Cowen analyst Lance Vitanza stated that holding a well managed Bitcoin treasury company could result in investors owning 3, 4, or even 5 bitcoins in 20 years. (CoinDesk)
According to a Reuters survey, 57% of economists expect the Bank of Japan to raise its benchmark interest rate to 1.25% in September, compared to only 5% in the last survey.
The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system's regulatory sphere.
According to HyperliquidNews monitoring, the average daily number of independent wallets on HyperCore reached 80700 on the 7th, setting a new historical high.
The crypto infrastructure firm failed to get approval when it first sought a U.S. charter, and the company is quickly back with what it said would be a narrower effort.