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Investors remain defensive as institutional demand weakens and major crypto assets extend losses.
The new network could help banks contend with a wave of new competition from stablecoins and crypto firms
DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
Stellar (XLM) jumped 40.4% to $0.2862 after DTCC announced Stellar integration for tokenized securities, with XLM open interest up 10.9% and spot turnover rising 34%.
France’s top markets regulator warned crypto companies they could be blacklisted and sued if they do not get an EU licence to operate by end of June, ‌as the bloc fully rolls out tighter regulation of crypto.
Unpacking Thursday's at-times contentious markup hearing.

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