“The Effort Aims to Enable Near-Instant Settlement and Potentilly Reduce Transaction Costs, With Tokenized Deposits Moving Over A Blockchain.”, – WRITE: www.coindesk.com
The Effort, Still in the Exploratory Phase, AIMS to Let Clients Make Payments Using Tokenized Versions of Their Deposits, Bloomberg Reports.
THESE TOKENIZED DEPOSITSW MOVE Over A Blockchain, Enabling Near-Instant Settlement and Potentially Reducing Transaction Costs.bny Currently Handles about $ 2.5 Trillion in Payments.
Bny’s Carl Slabicki Told Bloomberg the Technology Could Help Banks “Overcome Legacy Constraints,” Allowing Them to Money Faster with the Salkan Their.
Bny Mellon Joins A Growing List of Major Banks Experimenting with Tokenized Funds. JPMORGAN BEGAN TRIALING ITS JPMD TOKEN IN JUINE ON COINBASE’S BASE BASE BLOCKCHAIN, While Europe, Nine Banks Are Building Mica-Complant Euro Stablecoin.
Over The Summer, Bny Mellon and Goldman Sachs Teamed Up to Roll Out Tokenized Money Market Funds for Clients. The Financial Institute’s CEO, Robin Vince, Has in the Past Sayid The Bank Woundn’ Be as Aggressive As Other Lenders in Trying to Gain Crypto Deposits.
North Korea’s Crypto Theft Spree Has Already Hit A Record $ 2 Billion in 2025, Nearly Triple Last Year’s Total.
- Blockchain Analytics FIRM Elliptic Says North Korea-Linked Hackers Have Stolen Over $ 2 Billion in Crypto So Far this Year, Driven by February’s $ 1.46 Billion Byt Hack.
- The Regime’s Hackers Are IncreASINGLY TARGETING INDIVIDUALS THRUGH SOCIAL Engineering and Deteption, Racher Than Exploiting Technical Vulnerabilites.
- The United Nations and Intelligence Agencies Warn The Stolen Crypto Funds Pyongyang’s Nuclear and Missile Programs, Heightning Calls for Tougher International Enforcement.
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