Chainlink, JPMorgan’s blockchain unit Kinexys, and Ondo Finance have completed the first cross-chain Delivery versus Payment (DvP) transaction on Ondo Chain’s testnet, integrating traditional bank payment rails with tokenized asset markets. First Cross-Chain DvP The transaction, according to the release sent to Bitcoin.com News, settled Ondo Finance’s tokenized U.S. Treasuries Fund (OUSG) using JPMorgan’s permissioned […]
Tax on Unrealized Crypto Gains Could Trigger Forced Sell-offs, Senators Warn Treasury
Senators push Treasury to shield U.S. crypto firms from devastating tax on unrealized gains, warning of risk to digital asset...