Standard Chartered has launched custody for Ripple’s RLUSD stablecoin on the XRP Ledger and plans to let institutions use the tokens as trading collateral.
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Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May.
Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
The regulator’s opinion includes custody and transfers, moving beyond earlier guidance that allowed those services to continue.
The Financial Stability Board flagged cross-border stablecoin risks and AI-related cybersecurity threats while urging G20 policymakers to support stronger safeguards.
The migration is backed by a $30 million investment from Sui Foundation.
Holders could face fines of up to 10,000 euros for failing to declare qualifying assets.
