Partior Joins OSTTRA and Baton Systems’ PvP Settlement Network to Expand Tokenised FX Capabilities

OSTTRA and Baton Systems have announced that Partior has integrated with their on-demand payment-versus-payment (PvP) settlement network, enabling financial institutions to settle foreign exchange (FX) transactions using tokenised commercial bank money. This development adds to the existing fiat settlement options and supports 24/7 on-demand FX settlement in tokenised currencies including USD, EUR, and SGD, enhancing liquidity management and capital efficiency.

With this integration, institutions gain access to an expanded, live settlement ecosystem backed by Baton’s distributed ledger technology, which has processed over $13 trillion in FX settlements. The network now supports programmable atomic PvP with flexible options to combine fiat and tokenised money across currency pairs. This interoperability allows participants to better align settlement processes with liquidity needs across global time zones while reducing pre-funding burdens.

Proof Group Launches First-Ever Block Explorer for the Canton Network

Proof Group, specialists in digital assets and emerging technologies, has announced the launch of the first block explorer for the Canton Network, the public blockchain for the financial industry. The new tool offers real-time access to transactions, participant activities, and network performance. Key features include balance histories, validator monitoring, actor profiles, and a live feed of network activity, with future updates set to add tokenomics tracking, governance insights, and application usage metrics.

Built with proprietary technology, the Canton Block Explorer aims to set a new standard for transparency in private blockchain environments, delivering functionality comparable to public tools like Etherscan but tailored to Canton’s privacy-focused structure. Proof Group plans to expand the platform with an Applications Layer, offering deeper insights into decentralised finance and enterprise activities on the network.

SEC Launches Crypto Task Force to Provide Clarity on Regulatory Framework

Acting U.S. Securities and Exchange Commission (SEC) Chairman Mark T. Uyeda has launched a new crypto task force aimed at establishing a comprehensive and transparent regulatory framework for digital assets. Commissioner Hester Peirce will lead the initiative, with Richard Gabbert, Senior Advisor to the Acting Chairman serving as the task force Chief of Staff, and Taylor Asher, Senior Policy Advisor to the Acting Chairman, assuming the role of Chief Policy Advisor.

The task force will work across SEC divisions and engage with stakeholders to define clear regulatory parameters for crypto assets. Historically, the SEC’s approach to crypto regulation has been largely enforcement-driven, often leading to uncertainty for industry participants. The initiative seeks to address challenges related to compliance, registration, and disclosure by offering practical solutions and clearer guidelines.

“I look forward to the efforts of Commissioner Peirce to lead regulatory policy on crypto, which involves multiple SEC divisions and offices,” said Acting Chairman Uyeda.

Commissioner Peirce emphasized the importance of broad stakeholder engagement, stating, “This undertaking will take time, patience, and much hard work. It will succeed only if the Task Force has input from a wide range of investors, industry participants, academics, and other interested parties. We look forward to working hand-in-hand with the public to foster a regulatory environment that protects investors, facilitates capital formation, fosters market integrity, and supports innovation.”

In addition to developing regulatory clarity, the task force will collaborate with other federal and international regulatory bodies, such as the Commodity Futures Trading Commission (CFTC), to ensure a coordinated approach. The initiative will also provide technical assistance to Congress as it considers updates to existing legislation.

Public engagement will be a cornerstone of the task force’s efforts, with future roundtables planned to facilitate dialogue. In the interim, stakeholders are encouraged to share their insights via Crypto@sec.gov.