Digital Asset

SoFi, Mastercard partner on stablecoin settlement as Visa expands Bridge card program

SoFi Technologies has struck a deal with Mastercard to enable its SoFiUSD stablecoin as a settlement option across the card network, while Visa has separately expanded its stablecoin linked card partnership with Bridge, a Stripe company, with plans to reach over 100 countries by year end. SoFiUSD is issued by SoFi Bank, an OCC regulated …

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Standard Chartered appoints JP Morgan’s Kinexys co-head to lead payments

Standard Chartered has appointed Naveen Mallela as Global Head of Payments, effective 4 May. He will be based in Singapore and report to Mahesh Kini, Global Head of Cash Management. The role consolidates the bank’s Collections, Clearing and Payments teams into a single organization, reflecting growing client demand for end-to-end solutions across both traditional and on-chain …

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Image by The Crypto Times Image by Ledger Insights

StanChart to be custodian, settlement agent for TP ICAP’s Fusion Digital Assets Standard Chartered has been appointed as digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets platform, marking a significant operational step forward from the two firms’ initial collaboration announced in October 2024. That earlier announcement established connectivity between the two businesses, allowing …

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England tables Bill to clarify digital asset property rights

Image by Ledger Insights The UK’s Ministry of Justice has introduced a new Bill to Parliament aiming to clarify that digital assets and certain other things can be considered as ‘property’ in England and Wales. It will cover many digital assets such as cryptocurrencies, non-fungible tokens, voluntary carbon credits and in-game digital assets. It follows …

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