Tether CEO Paolo Ardoino is sounding the alarm on Europe’s financial system, warning that a wave of bank failures could hit the …
Bank
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Markets
Gold-Backed Crypto Minting Volume Hits 3-Year High as Central Bank Buying Drops
by shayaanby shayaanThe gold market is seeing a shift in activity, with central bank buying slowing and demand from exchange-traded funds and gold-backed cryptocurrencies …
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Regulation
Singapore Gulf Bank launches clearing network for digital asset firms
by shayaanby shayaanSingapore Gulf Bank, a digital bank licensed by the Central Bank of Bahrain, launched a real-time currency clearing network designed to support …
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Adoption
Singapore Gulf Bank tackles global finance hurdles with crypto-focused SGB Net launch
by shayaanby shayaanSingapore Gulf Bank (SGB) has launched SGB Net, a real-time clearing network designed to power digital asset transactions for businesses across the …
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Regulation
SoFi CEO Says Bank To Bring Back Crypto Investing After Trump Triggers Shift in Regulatory Landscape: Report
by shayaanby shayaanThe head of a fintech giant SoFi says the firm is bringing back crypto banking thanks to the new presidential administration’s stance …
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Scams
Bank of Italy Warns of Systemic Crypto Risks, Concentration of Power Under Trump
by shayaanby shayaanIn brief Italy’s central bank is warning that crypto ties to traditional finance could spark market instability. It noted that Trump’s promotion …
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The Governor of the Bank of Ghana (BOG), Johnson Asiama, announced that the central bank plans to begin regulating cryptocurrency and related …
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Analysis
JPMorgan Chase, Bank of America CEOs Dump $268,628,928 of Shares in Their Own Companies in Just Four Months
by shayaanby shayaanJPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan are unloading massive amounts of personal equity in their companies. …
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Regulation
Circle denies plans to become a bank, focuses on aligning with stablecoin regulations
by shayaanby shayaanCircle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The …
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The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. “For cryptocurrencies, market liquidity, even …