JPMorgan’s Kinexys tests blockchain to tokenize carbon credits. The initiative seeks to address standardization and transparency issues in the voluntary carbon market, partnering with S&P Global Commodity Insights, EcoRegistry, and the International Carbon Registry to facilitate credit tokenization….
Rachel Reeves will announce a new Pension Adequacy Commission on 15 July. The review will assess whether UK workplace-saving rules provide adequate retirement income and is set to report back in 2026, amid growing scrutiny of pension outcomes for both employees and the self-employed.
Bank of England shows openness to stablecoins in wholesale markets. Sasha Mills, Executive Director of Financial Market Infrastructure, indicated a potential role for stablecoins in wholesale markets, signalling a shift from the Bank’s cautious stance, amidst industry feedback.