The world’s largest centralized crypto exchange by volume has received a broker-dealer license in Brazil via an acquisition. Binance says the Central …
Bank
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Garanti BBVA Kripto, supported by Turkey’s fifth largest bank Garanti BBVA, is preparing to launch crypto trading services. The initiative is expected …
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Regulation
China’s central bank highlights Hong Kong’s crypto licensing push amid global regulatory shifts
by shayaanby shayaanIn its latest China financial stability report, the People’s Bank of China highlighted the strides Hong Kong has made in implementing crypto …
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Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and Tochka Bank, according to a statement from …
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Finance
JPMorgan Chase, Bank of America, Citigroup and Wells Fargo Consolidate Power Over Banking Industry Amid Record Profit Share: Report
by shayaanby shayaanAmerica’s biggest banks are about to lock in their largest share of the banking industry’s profits in nearly ten years after an …
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Regulation
Singapore’s Central Bank Sees Good Potential for Stablecoins To Become Widely Used Payment Instrument
by shayaanby shayaanThe Monetary Authority of Singapore (MAS) says that stablecoins have the potential to become a widely adopted means of payment. In an …
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Crypto.com, a prominent player in the crypto industry, has partnered with Deutsche Bank to enhance its corporate banking solutions. The partnership provides …
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Regulation
Morocco’s Central Bank Eyes Crypto Regulation to End Years of Digital Assets Ban
by shayaanby shayaanMorocco drafts crypto laws to regulate digital assets, marking a shift from the 2017 cryptocurrency ban. The country draws inspiration from the …
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Finance
$89,670,000,000 in Increasingly Risky Loans Flagged at JPMorgan Chase, Wells Fargo and Bank of America: Report
by shayaanby shayaanAmerica’s biggest banks are reporting a rapid increase in the number of substandard, doubtful and potentially loss-making loans on their balance sheets, …
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Analysis
Billionaire Ken Fisher Pours $800,000,000 Into JPMorgan Chase in Massive Bet on US Bank – Here’s His Top Picks As 2025 Arrives
by shayaanby shayaanBillionaire Ken Fisher is dramatically increasing his firm’s position in US banking giant JPMorgan Chase. New SEC filings show Fisher, who founded …