HSBC and Standard Chartered Complete First Live Cross-Border Tokenized Deposit Transaction on Swift

HSBC and Standard Chartered have completed the first live cross-border transaction using tokenized deposits on Swift’s new blockchain-based ledger, marking a major step in the modernization of global payments. The transaction demonstrates that digital deposits issued by different regulated banks can interact through a shared blockchain-based infrastructure while remaining connected to the existing banking system….

Bilibili, China’s YouTube Rival, Launches Globally on Android

China’s popular video-sharing platform Bilibili has officially expanded its international reach, launching a new global version of its app for Android users. The platform announced that its international app is now available globally, with an iOS version expected to follow soon. Bilibili says the international version will feature more localized content and a simpler sign-up…

OKX Restricts Claude Access for Hong Kong Staff After Account Suspension

Cryptocurrency exchange OKX has restricted employees in Hong Kong from using Anthropic’s Claude AI, after the company’s corporate account was briefly suspended earlier this month. The restriction also applies to OKX employees travelling through mainland China, according to reports. The company’s enterprise account has since been restored, but OKX has decided to limit Claude access…

Robinhood CEO Says Tokenization Could “Eat the Entire Financial System”

Robinhood CEO Vlad Tenev says the financial world is only in the early stages of a global “tokenization supercycle” that could eventually transform how stocks, bonds and other financial assets are owned and traded. Speaking about the future of financial markets, Tenev argued that blockchain-based tokenization could fundamentally reshape traditional finance, describing the trend as…

Access Bank Seeks Court Order to Freeze Accounts Over Alleged ₦1.34bn Unauthorised Transfers

Access Bank Plc has approached the Federal High Court in Lagos seeking an order to freeze bank accounts allegedly linked to beneficiaries of unauthorised transfers totalling about ₦1.34 billion from some of its customers’ accounts. The bank filed the application as part of efforts to recover the funds and prevent the alleged beneficiaries from withdrawing…