JPMorgan CEO Jamie Dimon’s Annual Letter: Interest Rates Could Go Far Higher Than Many Expect
Dimon believes investors are being overly optimistic with respect to the chances for an economic soft landing.
Bank
Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application
The Federal Reserve has discretion in deciding whether to grant a master account, a judge ruled.
First Mover Americas: HSBC’s Gold Token Introduced in HK
The latest price moves in crypto markets in context for March 27, 2024.
HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong
The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors.
Bitcoin, Ether in the Green as Global Easing Cycle Begins
Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.
3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going ‘Bankrupt’
Davies also said he wouldn’t return to Singapore “immediately” in order to effectively avoid jail and wait for some sort of settlement.
Bank of Japan Ends Eight-Year Negative Rates Regime; Bitcoin Slides to $62.7K
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
Crypto Wallet SafePal Ventures into Banking with New USDC Visa Card
Users can create individually owned, fully compliant bank accounts and use USDC stablecoin as the default deposit currency.
Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT
Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with the now-bankrupt crypto exchange FTX.
Crypto Custodian Taurus Enlists Lido to Bring Liquid Ethereum Staking to Swiss Banks
Taurus, which counts Deutsche Bank and Santander as partners, expects European jurisdictions to follow Switzerland’s example.