Crypto
Key Considerations for Banks Re-entering the Digital Asset Space
Banks are reigniting their interest in digital assets, evaluating critical factors before their reintegration into the market.
Finance
OCC Announces New Permissibility for Banks in Crypto Custody and Stablecoin Activities
The OCC clarifies that federally regulated banks can now engage in cryptocurrency-related activities without prior approval.
Finance
A Fresh Advocate for Ethereum on Wall Street: Insights from Vivek Raman
Vivek Raman, founder of Etherealize, discusses his transition from banking to cryptocurrency and how he aims to promote Ethereum's adoption among major financial institutions.
News
Revisions in Crypto Regulations as Basel Committee Responds to Stablecoin Growth
The Basel Committee is set to update its guidance for banks on cryptocurrency exposure amidst rising stablecoin usage.
News
Citi to Explore Stablecoin Payments in Collaboration with Coinbase
Citi announces a partnership with Coinbase to trial stablecoin payments, signaling a shift towards digital currencies and predicting a $4 trillion market by 2030.
Banking
Iran's Ayandeh Bank Shuts Down, Impacting Millions of Customers
The bankruptcy of Ayandeh Bank has resulted in the absorption of its customers' assets by the state-owned Bank Melli, affecting over 42 million individuals.
Banking
Major Japanese Banks Set to Launch Yen-Based Stablecoin
Japan's leading banks are collaborating to issue a stablecoin pegged to the yen, enhancing their corporate settlements and reducing transaction costs.
News
Paxos' $300 Trillion Error Highlights Blockchain's Transparency Over Traditional Banking
A recent incident involving Paxos' accidental minting of $300 trillion of PYUSD emphasizes the merits of blockchain transparency in banking errors.
News
StarkWare’s CEO Claims Corporate Blockchains Lack Longevity Due to Control Issues
Eli Ben-Sasson of StarkWare states that corporate-controlled blockchains will eventually fail as they defy blockchain principles.
Finance
US Bancorp Initiates Stablecoin Pilot Utilizing Stellar Blockchain
US Bancorp has launched a stablecoin pilot project on the Stellar network, collaborating with PwC and the Stellar Development Foundation to explore new financial technologies.
Crypto
Ripple's CEO Advocates for Equal Regulatory Standards for Crypto and Traditional Finance
Ripple's CEO Brad Garlinghouse argues for the same regulatory treatment for crypto firms as traditional banks during a conference.
Crypto
Crypto Markets Experience Turmoil as Binance Executes $400 Million Bailout
Following a massive sell-off, Binance steps in with a relief program while JPMorgan eyes entry into crypto trading.
Finance
Amina Bank Launches Staking for Polygon's POL Token with Rewards up to 15%
Amina Bank becomes the first regulated institution to offer staking for Polygon's POL token, enabling institutional clients to earn significant rewards.
Finance
JPMorgan Advances Tokenization Efforts with Kinexys for Private Equity
JPMorgan is set to launch its Kinexys Fund Flow platform for tokenizing private equity funds, targeting high-net-worth clients with a broader rollout planned for next year.
Banking
EU Banks Unite for Euro-Backed Stablecoin Launch by 2027
A consortium of 10 banks aims to secure regulatory approval for a euro-pegged stablecoin set to launch in 2026.
Crypto
JPMorgan Considers Cryptocurrency Trading for Institutional Clients
JPMorgan Chase is looking to expand its cryptocurrency services for institutional investors, signaling a shift in CEO Jamie Dimon's digital asset strategy.
Finance
Standard Chartered and AirAsia's Parent Company to Experiment with Ringgit-Backed Stablecoin
Standard Chartered Malaysia and Capital A are set to launch a ringgit-pegged stablecoin for wholesale transactions, marking a key step in Malaysia's digital asset landscape.
Crypto
Argentina Considers Allowing Traditional Banks to Trade Cryptocurrencies
Argentina's central bank is deliberating the possibility of permitting local banks to engage in cryptocurrency trading, signaling a noteworthy shift in its regulatory approach.
Market Analysis
Navigating Bitcoin's Potential Surge Back to $112,000 Amid Key Influences
Several factors are weighing on Bitcoin's price, including interest rate policies and regulatory reviews that could shape the market's trajectory.
Crypto
Stalemate in South Korea's Stablecoin Framework as Regulatory Opinions Clash
Disagreements over the role of banks threaten to delay the introduction of a framework for stablecoins in South Korea, which was anticipated for this year.
