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In what is a landmark development for the industry and the bank, JPMorgan has officially settled its public transaction of tokenized treasuries. Indeed, the financial institution went beyond the “walled garden” of its own blockchain technology in a landmark settlement, according to a Fortune report. On Wednesday, the bank announced that it had settled the public ledger transaction with the help of crypto companies Chainlink and Ondo Finance. It represents a landmark shift for the $4 trillion asset manager that has long explored the possibilities of the technology. Moreover, it could represent a sign of a greater embrace of blockchain cooperation. JUST IN: $4 trillion asset manager JPMorgan Chase settles first public transaction of tokenized treasuries. — Watcher.Guru (@WatcherGuru) May 14, 2025 Also Read: JPMorgan: XRP, SOL ETFs Could See $14B Inflows in 1st Year JPMorgan Takes Major Step As It Settles First Transaction on Public Blockchain For much of the year so far, crypt...

Binance received a “heightened” multi-billion fine following previous public warnings from several regulators, said the CFTC Commissioner. Kristin Johnson, a Commissioner at the Commodity Futures Trading Commission (CFTC), told a digital assets summit on Dec. 5 that Binance reached a multi-agency settlement because of its rule-breaking . According to Commissioner Johnson, the mammoth crypto exchange was not accused of fraud or similar crimes and simply failed to comply with established laws.  For those firms that really do want to successfully operate in this space, there is an increasingly clear template for how to operate. Take the hint. Kristin Johnson, CFTC Commissioner You might also like: Zhao’s resignation and guilty plea: a new era for Binance and crypto? Binance agreed to settlement terms by the CFTC, the U.S. Justice Department, and the Treasury over a lengthy investigation into suspected money laundering, sanctions evasion, and other misconduct. As part of...

The BNB token defied today’s wider market downturn with a high volume rally, which saw its price hit a 5-month high at $271.90 BNB’s (BNB) price breakout to a 5-month high at $271.90 comes as reporting from the Wall Street Journal highlighted the United States Department of Justice’s plan to announce a $4.3 billion dollar settlement with Binance to end its case. WSJ also reported that Binance founder Changpeng “CZ" Zhao has agreed to step down as CEO of the crypto exchange  While the exact details of the settlement remain unclear until the Nov. 21 press conference at 3 pm ET, crypto market participants appear to perceive the end of the Binance legal saga with the Commodity Futures Trading Commission, United States Securities and Exchange Commission, and DOJ as a positive outcome with potential bullish ramifications the crypto market. Historically, crypto markets react negatively to enforcement actions and the threat of new regulations, but data from Coinglass shows BNB volumes...