Headlines

Backpack challenges Wall Street with 24/7 tokenized US stocks

Backpack has launched 24/7 trading for tokenized U.S. stocks across more than 150 countries, giving eligible investors direct ownership of selected equities with instant settlement. Summary Backpack has launched 24/7 trading for tokenized U.S. stocks with direct ownership and instant settlement. The exchange now offers tokenized shares of companies including SpaceX, Micron and SanDisk across…

Read More

Anti-Sangla ATM! Chinabank To Let Workers Borrow From Their Salary Before Payday

China Banking Corp. (Chinabank) announced that it has partnered with financial technology company Paywatch to launch Earned Wage Access Plus (EWAP), a digital solution allowing employees to withdraw a portion of their earned salaries before their scheduled payday. Platform Mechanics The service enables eligible employees of Chinabank’s payroll partner companies to make multiple salary withdrawals…

Read More

South Korea tests blockchain stablecoin in first government pilot

South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August. Summary Gyeonggi Province will begin South Korea’s first government-backed blockchain stablecoin pilot in August. ZKrypto will test issuance, settlement, privacy, fraud prevention, and proof-of-reserves through February 2027. Toss and KT have also…

Read More