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18 May 2026, 16:50

UK regulators push for near 24-hour payments to support tokenization

BitcoinWorld UK regulators push for near 24-hour payments to support tokenization The Bank of England (BoE) and the Financial Conduct Authority (FCA) are advancing plans to extend the operating hours of key payment and settlement systems to nearly 24 hours a day, a move designed to accommodate the growing tokenization of financial markets. The proposals, announced in recent regulatory documents, signal the UK’s intent to modernize its financial infrastructure for a digital asset era. Extended hours for RTGS and CHAPS The BoE has proposed adding weekend and extended operating hours to its Real-Time Gross Settlement (RTGS) system and the CHAPS high-value payment system. Currently, these systems operate during standard business hours on weekdays, limiting the ability to settle tokenized transactions and cross-border payments in real time around the clock. The bank stated that the change is necessary to support new tokenization-based payment and settlement models that require continuous availability. Regulatory framework for tokenized assets In parallel, the UK’s Prudential Regulation Authority (PRA) has issued guidelines proposing that tokenized financial products should be subject to the same regulatory standards as traditional instruments, provided they carry equivalent legal rights and risk profiles. This approach aims to create a level playing field while encouraging innovation in wholesale markets. Katie Harries, head of Europe policy at Coinbase, noted that the UK is presenting a clear vision for tokenization, which could expand access to new capital and investment opportunities. Broader crypto regulation timeline The FCA is also developing a comprehensive cryptocurrency regulatory framework that will cover stablecoin issuance, trading, custody, and staking. The regulator has set a target for full implementation before 2027. These efforts align with the government’s broader ambition to position the UK as a global hub for digital asset innovation while maintaining financial stability and consumer protection. Conclusion The push for near 24-hour payment systems and clear tokenization rules represents a significant step in the UK’s financial modernization agenda. By aligning payment infrastructure with the needs of digital markets, regulators aim to foster innovation, improve cross-border payment efficiency, and attract investment in tokenized finance. The coming years will be critical as the FCA finalizes its crypto rules and the BoE implements extended settlement hours. FAQs Q1: What is tokenization in financial markets? Tokenization refers to the process of representing real-world assets, such as bonds, equities, or commodities, as digital tokens on a blockchain or distributed ledger. This can enable faster, cheaper, and more transparent trading and settlement. Q2: Why do payment systems need to operate 24 hours for tokenization? Tokenized markets often require real-time settlement across different time zones and outside traditional banking hours. Extended payment system hours allow for continuous trading, clearing, and settlement without delays. Q3: When will the UK’s new crypto regulations take effect? The FCA aims to implement a comprehensive regulatory framework covering stablecoins, trading, custody, and staking before 2027. The BoE’s extended payment hours are also expected to be phased in over the next few years. This post UK regulators push for near 24-hour payments to support tokenization first appeared on BitcoinWorld .

18 May 2026, 16:30

Gov. Walz Signs Bitcoin Custody Bill, Letting Minnesota Banks Hold Crypto Aug. 1

Minnesota Gov. Tim Walz signed HF 3709 into law this past week, authorizing state-chartered banks and credit unions to hold bitcoin and other virtual currencies on behalf of customers. State-Chartered Banks in Minnesota Will Be Able to Custody Bitcoin Under New Law The legislation, now Chapter 93 of the 2026 Session Laws, takes effect Aug.

18 May 2026, 15:30

Minnesota signs bill allowing banks and credit unions to offer crypto custody services

BitcoinWorld Minnesota signs bill allowing banks and credit unions to offer crypto custody services Minnesota has enacted a new law that explicitly permits banks and credit unions operating within the state to offer cryptocurrency custody services to their customers. The legislation, signed by Governor Tim Walz, creates a formal regulatory pathway for traditional financial institutions to securely store digital assets such as Bitcoin and other virtual currencies on behalf of clients. What the new law means for financial institutions Under the bill, which passed with bipartisan support in the Minnesota legislature, state-chartered banks and credit unions are now authorized to act as custodians for virtual assets. This means these institutions can legally hold private keys and manage the storage of cryptocurrencies, a service that has largely been provided by specialized crypto firms or unregulated entities. The law requires financial institutions to establish comprehensive policies covering risk management, cybersecurity protocols, internal controls, and business continuity planning. The Minnesota Department of Commerce will oversee compliance and supervise the custody activities to ensure consumer protection and financial stability. Why this matters for consumers and the crypto industry The move is significant because it bridges the gap between the traditional banking system and the digital asset economy. For consumers, having a regulated bank or credit union offer crypto custody could provide a more familiar and trusted environment for storing digital wealth, potentially reducing reliance on standalone crypto exchanges or uninsured wallets. For the broader cryptocurrency industry, Minnesota’s legislation adds to a growing patchwork of state-level regulatory frameworks in the United States. Unlike federal-level uncertainty, several states have moved to clarify the legal status of digital asset services, aiming to attract crypto-related businesses while maintaining oversight. Key provisions of the bill Authorizes state-chartered banks and credit unions to provide cryptocurrency custody services Mandates risk management, cybersecurity, and internal control policies Requires business continuity planning for digital asset operations Places supervision under the Minnesota Department of Commerce Applies to virtual assets like Bitcoin and other cryptocurrencies Comparison with other states Minnesota joins a growing list of states that have enacted crypto custody laws, including Wyoming, Nebraska, and Texas. However, Minnesota’s approach is notable for explicitly including credit unions alongside banks, which broadens access for smaller financial institutions and their members. Wyoming, for example, created a special-purpose depository institution charter for crypto firms, while Nebraska established a digital asset banking framework. Minnesota’s law is more focused on allowing existing institutions to expand their services rather than creating new charter types. Implications for the future of digital asset regulation This state-level action comes amid ongoing debate at the federal level about how to regulate cryptocurrencies and digital assets. While Congress has yet to pass comprehensive legislation, states like Minnesota are filling the gap with tailored laws that provide clarity for local financial institutions. The law could also influence other states considering similar legislation. By providing a clear regulatory framework, Minnesota aims to position itself as a favorable jurisdiction for crypto innovation while maintaining consumer safeguards. Conclusion Minnesota’s new law represents a measured step toward integrating cryptocurrency services into the mainstream financial system. By allowing banks and credit unions to offer crypto custody under state supervision, the legislation balances innovation with consumer protection. For residents and businesses in Minnesota, this means greater access to regulated digital asset storage options in the near future. FAQs Q1: What exactly is cryptocurrency custody? Cryptocurrency custody refers to the secure storage of private keys that control access to digital assets like Bitcoin. Custodians hold these keys on behalf of clients, providing security against theft or loss, similar to how a bank safeguards traditional assets in a safe deposit box. Q2: Does this law require banks to offer crypto custody? No, the law is permissive, not mandatory. It allows banks and credit unions to offer these services if they choose to, but does not require them to do so. Institutions must still develop appropriate policies and receive regulatory approval before launching custody services. Q3: When will Minnesota banks start offering crypto custody? The law takes effect upon signing, but institutions will need time to develop compliant policies, implement security measures, and receive supervisory approval from the Minnesota Department of Commerce. Consumers may see services become available over the coming months to a year, depending on each institution’s readiness. This post Minnesota signs bill allowing banks and credit unions to offer crypto custody services first appeared on BitcoinWorld .

18 May 2026, 14:00

Did The Cardano Founder Help To Derail XRP’s Growth? Ripple Community Draws Out Hoskinson

A member of the Ripple community has called out Cardano founder Charles Hoskinson for helping derail XRP’s growth through the ETHgate saga. In response, Hoskinson has defended himself, arguing that it is impossible he was involved in the XRP lawsuit. Cardano Founder Accused Of Derailing XRP’s Growth In an X post , Ripple community member Wino opined that the Cardano founder was involved in the ETHgate, which negatively impacted XRP’s growth. The ETHgate involves allegations that the U.S. SEC favored Ethereum over XRP by declaring that the former wasn’t a security. The Commission also eventually sued Ripple, arguing that XRP was a security . This notably impacted XRP’s growth as the altcoin stagnated for most of the lawsuit and failed to record any significant gains even during the 2021 bull run. XRP and Ethereum were notably ranked as the largest altcoins by market cap at the time, making them direct competitors and fueling speculation that the ETHgate was aimed at bringing XRP down. Meanwhile, in response to claims that he was involved in the ETHgate, the Cardano founder noted that he was “pushed” out of Ethereum in June 2014. He added that since then, they have spent 12 years attacking him. As such, he questioned how it was possible that he decided, years later, to coordinate with them to help Ethereum attack XRP. It is worth noting that the Cardano founder was one of Ethereum’s co-founders but left in June 2014 over differences with Vitalik Buterin and the other co-founders. Since then, Hoskinson has criticized Ethereum on several occasions, including once predicting that the network wouldn’t survive the next ten to fifteen years. Wino, who had accused the Cardano founder of being part of ETHgate, later revealed that his accusation was based on hearsay and that he was hoping the truth would come out someday. He added that he was rooting for the CLARITY Act to pass, so that ADA and XRP could both record parabolic rallies. Focus Is On The CLARITY Act Wino’s accusations stemmed from a discussion of the CLARITY Act , in which the Cardano founder had warned that the crypto bill was far from perfect. He further remarked that, under the bill, there was a risk that the SEC would classify new crypto projects as securities. However, pro-XRP lawyer John Deaton had before now mentioned that failure to pass the crypto bill risks a ‘Gensler 2.0.’ The CLARITY Act advanced to the full Senate last week as the Senate Banking Committee voted in favor of the bill. The crypto market structure bill will provide regulatory clarity for crypto assets such as XRP and Cardano, classifying them as commodities. However, Ripple CEO Brad Garlinghouse opined that XRP will be okay whether or not the crypto bill passes, as Judge Analisa Torres already ruled that the crypto isn’t a security.

18 May 2026, 13:04

Bitcoin Depot Shuts ATM Network as Chapter 11 Pushes Asset Sale

Bitcoin Depot entered Chapter 11 to wind down operations, sell assets, and shut its bitcoin ATM network as state rules tighten. The company cited new compliance burdens, transaction limits, and restrictions affecting BTM operators. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced on May 18 that it initiated

18 May 2026, 13:02

Shocking Amazon Vs. XRP Price Chart: This Is How XRP Can Hit $100

A chart comparison is making its way through the crypto community, and the analysts behind it believe XRP is sitting on one of the most significant setups in digital asset history. On a recent episode of the Good Evening Crypto podcast, host Abs Nassif and co-host Johnny Krypto broke down the case. Their argument centers on a direct parallel between XRP’s current price structure and Amazon’s trajectory following the dot-com crash. THIS Is How $XRP Can HIT $100 Per Coin! SHOCKING Amazon vs. XRP Price Chart! CLICK BELOW TO WATCH NOW!! https://t.co/T22IKar1gS — Good Evening Crypto (@AbsGEC) May 16, 2026 The Amazon Comparison In a featured clip, Waters Above laid out the technical case. Amazon did not break out into price discovery from late 2005 to 2007. Instead, it formed a double top and then experienced a 70% crash before stabilizing. It eventually pushed into price discovery in 2010 alongside Apple. He pointed out that XRP has already followed the same path. “XRP has already had around a 70% correction,” he noted, adding that he believes that the XRP bottom is in . From there, Amazon climbed from under $2 at its bottom to more than $260 over the following decade. Nassif connected that trajectory directly to XRP, citing regulatory clarity as the catalyst that mirrors what unlocked Amazon’s growth era. The Regulatory Catalyst The CLARITY Act passed the Senate Banking Committee last week. Nassif sees that as a signal that the legislation has institutional backing. He expects a full Senate vote between now and late June, with a potential presidential signature by the July 4 deadline cited by Senator Lummis. Nassif argued that once that clarity arrives, U.S. banks, payment providers, and corporations can confidently adopt XRP. “That clarity flips the switch from speculation into real-world utility,” he said. Institutional Demand and RLUSD Nassif also pointed to the RLUSD stablecoin as a driver of structural demand. Any institution running RLUSD on the XRP ledger must have enough XRP to ensure the network stays live. He believes large companies are already secretly accumulating XRP . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Johnny Krypto added context from the technology side. He expects a valuation correlation between the volume of activity running on the XRP ledger and the price of XRP. The $100 Target Nassif put a direct number on the long-term potential. He said XRP “could easily be a multi-hundred dollar asset” within 5 to 12 years, based on comparisons to Tesla’s move from $13 to over $430 after breaking its all-time high, and Amazon’s run following regulatory and technological tailwinds. Nassif noted that only about 1 million wallets worldwide hold more than 2,000 XRP, with 85% of eventual digital asset holders still on the sidelines. That scale of incoming capital is central to its rise to $100. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Shocking Amazon Vs. XRP Price Chart: This Is How XRP Can Hit $100 appeared first on Times Tabloid .