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
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.
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.
News
ClearBank Partners with Circle to Join Payments Network
ClearBank has entered into a partnership with Circle to enhance stablecoin operations in Europe, becoming one of the first EU banks to join the Circle Payments Network.
Crypto
Sygnum Bank to Launch Bitcoin Lending Using Multisignature Custody
Sygnum Bank has partnered with Debifi to introduce a new Bitcoin-backed lending service that uses multisignature technology, allowing clients to maintain control over their collateral.
Crypto
Coinbase CEO Optimistic About Cryptocurrency Legislation Progress Amid Government Shutdown
Amid a government shutdown, Coinbase's CEO Brian Armstrong expresses confidence in advancing the cryptocurrency market structure bill, emphasizing bipartisan support and the protection of innovation.
Crypto
How Latin America Is Turning to Stablecoins Amid Inflation
As inflation impacts economies, Latin Americans are increasingly relying on stablecoins and cryptocurrencies for financial services, revealing the crypto industry's significance beyond speculation.
Economy
Japan's FSA Considers Permitting Banks to Hold Bitcoin and Other Cryptocurrencies
Japan's Financial Services Agency is exploring reforms that would allow banks to hold cryptocurrencies and provide trading services.
Crypto
Japan's FSA Considers Allowing Banks to Hold Cryptocurrencies, Including Bitcoin
Japan's Financial Services Agency is contemplating regulatory reforms to permit banks to hold digital currencies like Bitcoin.
Finance
Strike CEO Warns of Brewing Trouble as Bitcoin and Banks Face Pressure
Regional banks are experiencing renewed stress, impacting Bitcoin's price as it hits a four-month low.
Crypto
Japanese Major Banks Collaborate to Create Yen-Pegged Stablecoin
Leading banks in Japan are set to jointly release a yen-based stablecoin to enhance payment systems and corporate transactions.
Crypto
Key Developments in Cryptocurrency for Today
A summary of the latest trends and significant events affecting cryptocurrencies like Bitcoin, DeFi, and regulations.
