Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Russia is considering allowing crypto to be used for international payments, Reuters reported, citing Russian news agency Interfax. The idea is being “actively discussed”, they quoted Ivan Chebeskov, head of the finance ministry's financial policy department, as saying.
Finance giant JPMorgan Chase is using blockchain for collateral settlements, per Bloomberg. The bank’s first such transaction came on May 20 when two of its entities transferred the token representation of fellow giant BlackRock Inc. money market fund shares as collateral on its private blockchain. The effort will allow investors to pledge a wider range of assets as collateral and use them outside of market operating hours, they added.
Regulation news
The newly confirmed US Federal Reserve Vice Chair Lael Brainard said that the central bank views a...
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