Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto: United Kingdom banking giant Barclays has invested in Ubyx, a US stablecoin clearing platform, marking a major move into regulated digital money and tokenized financial services, Strategy stock rises 6.6% in after-hours trading following the MSCI’s decision to keep crypto treasuries in indexes, and investment bank TD Cowen reportedly warned that a key crypto market structure bill could be delayed until 2027.
Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company.
The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims to connect regulated issuers with banks and fintech companies. Barclays did not disclose the size of the investment.
