🌐 Lloyds Bank and Aberdeen use tokenized collateral for foreign exchange operations on Hedera
🔹 Lloyds Banking Group and Aberdeen Investments conducted a foreign exchange (FX) transaction using tokenized collateral. Hedera's public and permissioned distributed ledger technology (DLT) hosted the tokenized assets. The assets involved were a tokenized Aberdeen money market fund and a tokenized UK government bond. Tokenized collateral allows for near-instant asset transfers, reducing reliance on cash for variation margin and improving settlement speed.
🔹 The UK dominates global foreign exchange and interest rate derivatives markets (43% share of a daily volume of approximately $15 trillion), making it an ideal candidate for these innovations. The transaction was conducted outside the UK's Digital Securities Sandbox (DSS), which is still pending approval. Montis, a subsidiary of Archax, has applied to join the DSS. Peter Left, Director of Digital Finance, highlighted the initiative's role in demonstrating that digital assets can operate within the existing legal frameworks in the UK and improve collateral efficiency. Archax issued, transferred, and custodied the tokens. It is backed by the Hedera Foundation and maintains investment ties with Aberdeen's parent company.
➡️ "Tokenized collateral represents an attractive use case for distributed ledger technology, as it allows for near-instant asset transfers. Delays in settlement currently force variation margin for derivative trades to rely on cash, leading to inefficiencies. The OTC foreign exchange and interest rate derivatives markets represent the largest markets in the world in notional terms, with approximately $15 trillion in daily volumes in 2022.
The joint statement from federal banking regulatory agencies emphasizes that banks engaging in the custody of crypto assets must adhere to current risk management principles and comply with applicable legislation. It highlights the need for safe and sound practices without introducing new supervisory expectations. The agencies continue to work to clarify the role of banks in cryptocurrency-related activities.
Ripple's pursuit of an EMI license in Luxembourg aligns with its global payments strategy, leveraging the country's strong banking ecosystem to drive the expansion of its RLUSD stablecoin in the EEA. The incorporation of Ripple Payments Europe SA and strategic hiring in Luxembourg demonstrate a concentrated effort to meet MiCA compliance requirements. Luxembourg's connectivity with major global banks, including BNY, Ripple's custody partner, facilitates compliance with EU reserve and diversification rules, positioning it as a strategic hub despite having fewer EMI licenses compared to France. Ripple's multijurisdictional licensing approach underscores its commitment to conquering the European market.
You will soon see waves of mini-releases that will cause a gradual appreciation of the price of XLM and XRP. The reason is due to the timing when DTCC expects its clients to incorporate specific features. #XLM #XRP
On July 14, 2025, at the start of Cryptocurrency Week, the Federal Reserve, the FDIC, and the OCC issued a joint statement giving the green light to banks for cryptocurrency custody.
Reflect on this.
This is not just a simple press release. It is an important step towards the full integration of cryptocurrencies into the banking system. Why now?
Because we are updating the system. 👉 FedNow is already available. 👉 The ISO 20022 standard is being implemented globally. 👉 The US Debt Clock told us this would come. In code, at first glance, and now in a 34-page PDF titled "The New Monetary Revolution". (Read it). usdebtclock.org 🇺🇸
🔍 The Federal Reserve, the same institution that brought us fractional reserve banking, is now forced to evolve. For decades, they printed money out of thin air, backed by debt, not by value. A system that enslaved generations.
Now, they are marking the change.
💠 From debt-based money to digital value backed by real assets. 💠 From opaque to transparent, on-chain.
Yes, the banks are coming. But this time, we are ahead, and the public has the option to choose DeFi, self-custody, and sovereignty.
Let's ask the real questions: 💥 What happens when the old financial system collapses under its own weight? 💥 What replaces it? 💥 Do you still depend on the system that enslaved you through debt-based money and fractional banking? Or are you ready for what’s coming?
#FOMCWatch ⚠️ FRFS adopted the ISO 20022 message format for the Fedwire Funds Service in a one-day implementation strategy on July 14, 2025. With this implementation, we are eliminating the existing proprietary format of the Fedwire Application Interface Manual (FAIM) and replacing all FAIM messages with ISO 20022 messages. Please use the following links to access more resources and information. Https://www.frbservices.org/resources/financial-services/wires/iso-20022-implementation-center
⚠️ FRFS adopted the ISO 20022 messaging format for the Fedwire Funds Service in a one-day implementation strategy on July 14, 2025. With this implementation, we are eliminating the existing proprietary format of the Fedwire Application Interface Manual (FAIM) and replacing all FAIM messages with ISO 20022 messages. Use the following links to access more resources and information. Https://www.frbservices.org/resources/financial-services/wires/iso-20022-implementation-center
puts one in the purchase order and does not assign anything
World Cryptos
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Bullish
#BTTC BTTC (BitTorrent Token): BTTC is a token based on the BitTorrent network, a peer-to-peer file distribution platform. BTTC has revolutionized, here are some points: - *Strategic partnerships*: BTTC has established partnerships with major companies in the technology and cryptocurrency space, which could boost its adoption and value. - *Community growth*: The BitTorrent community is large and active, which could contribute to the growth and adoption of BTTC. - *Utility on the platform*: BTTC has a clear utility on the BitTorrent platform, which could increase its demand and value. - *Growth potential*: Due to its current low price, BTTC has potential to grow in value if demand increases and the platform continues to expand.
*How it could reach $1:*
- *Increase in adoption*: If more users start using BTTC to access services and content on the BitTorrent platform, the price could rise. - *Infrastructure improvement*: If the BitTorrent platform continues to improve and expand, the value of BTTC could increase. - *Market growth*: If the cryptocurrency market as a whole experiences growth, BTTC could benefit from this trend. #BTCBreaksATH
🚀 Don't miss out! Just as Bitcoin changed history, BOB could be the next big opportunity In 2010, someone spent 10,000 BTC on two pizzas. Today, those Bitcoins would be worth hundreds of millions of dollars. Crazy? No. It was the beginning of a revolution. Now, imagine this: What if today 500,000,000 BOB buy two pizzas, but tomorrow those BOB are worth a fortune?
What do you think....#MemecoinSentiment #StrategyBTCPurchase #ETHBreaks3k #BinanceHODLerLA $BTC
it's a diamond that understood understood, I need those BOB helmets to keep pulling out
XO K R E SZ
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let's proceed with caution folks, #bob can rise a lot but can also fall a lot, don't forget that this is a profit war, there will be mass selling. be careful with money you can't afford to lose. (not everyone will smile with this coin, many will cry)
BOB isn’t just a coin… it’s a revolution loading at 100%! It’s got the brains of Ethereum 🧠, the muscles of Bitcoin 💪, and the heart of a real community ❤️ — and it’s coming for the DeFi throne. 👑
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⚙️ Testnet is LIVE. Mainnet is LOCKED for Q4 2025 🔥
BOB is already flexing in testnet. But don’t sleep… In Q4 2025, the mainnet hits and everything changes. No more theory — just pure execution. 🚧 Builders, whales, DGens — all eyes on BOB now.
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📉 Can It Moon? $0.0000612 Target in Sight! 🌙
Let’s be real — crypto can be wild. But insiders are whispering:
> “BOB’s got moon juice.” 🌝
With utility, real tech, and a growing army… $0.0000612 in 2025? Not impossible. But remember: this ain’t financial advice — it’s crypto jungle rules. 🦍💼
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💥 The Community? UNSTOPPABLE.
This ain’t no ghost-chain. BOB’s Telegram is popping, Twitter is flooding, and the vibes? Immaculate.
> “It’s not just a coin. It’s a culture.”
Memes. Testers. HODLers. Coders. All in. And YOU could be early. Real early. 🕶️
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📢 Wanna Win in Crypto? Be Early. Be Loud. Be BOB. 💎
If you wait till Q4, you’re late. Join the testnet. Follow the official X page. Get in Telegram. And make some NOISE.
Because in Web3…
> “The quiet ones miss the pumps. The loud ones build the future.” 🔊🌍
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💯 Final Take:
BOB is not hype — it’s heat. If you're tired of dead projects and empty promises, this is your sign. BOB is building. BOB is BOOMING. Are you gonna miss it... or ride it?
Today, the U.S. House of Representatives approved the Senate Amendment to H.R. 1, the Bill of a Big and Beautiful Bill. The Chairman of the House Financial Services Committee, French Hill (AR-02), issued the following statement:
“The American people voted for fiscal responsibility and change. The approval of President Trump’s ‘A Big and Beautiful Bill’ fulfills that directive and begins the process of healing our finances,” Chairman Hill stated. “I am proud of the contributions of the House Financial Services Committee to the significant spending reductions in this bill.”