5h ago
Charles Hoskinson criticizes Brad Garlinghouse over support for Digital Asset Market Clarity Act
Cardano founder Charles Hoskinson has publicly criticized Ripple CEO Brad Garlinghouse for backing the Digital Asset Market Clarity Act, arguing the bill has been mishandled politically and is unlikely to pass in the current environment. He has directed blame at Trump administration crypto lead David Sacks, while Coinbase CEO Brian Armstrong opposes the proposal and says a bad bill is worse than none. The Senate Banking Committee has postponed its scheduled markup hearing as negotiations continue and lawmakers seek enough bipartisan support for the legislation.
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5h ago
2d ago
DTCC backs cross-chain tokenization, wins SEC nod for ACS Triparty on Jan 7, 2026
DTCC’s Global Head Nadine Chakar said at a Thursday virtual forum the firm will prioritize interoperability across blockchains over closed ecosystems for tokenized securities. The company is working with Canton Network and plans support for an Ethereum-compatible “AppChain.” Separately, on January 7, 2026, the SEC approved DTCC’s expanded ACS Triparty Service under FICC following a September 2025 filing.
2d ago
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China-led mBridge CBDC platform records $55.5 billion cross-border volume as Trump blocks U.S. CBDC push
The China-led mBridge platform has processed about $55.5 billion in cross-border transactions from over 4,000 central bank payments, with volume increasing 2,500-fold since 2022. The digital yuan now accounts for 95% of activity on the project, while in the U.S. President Donald Trump has halted federal CBDC efforts and instead backed privately issued stablecoins under new national regulation.
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