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Stablecoin Market Could Grow to T by End-2028: Standard Chartered

Stablecoin Market Could Grow to $2T by End-2028: Standard Chartered

The Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act is expected to be passed in the U.S. in the coming months, and that could trigger an almost...
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XRP Could Hit .5 Before President Trump’s Term Ends: Standard Chartered

XRP Could Hit $12.5 Before President Trump’s Term Ends: Standard Chartered

XRP could rise to $12.50 before President Trump leaves office, investment bank Standard Chartered (STAN) said in a report on Tuesday initiating coverage of the Ripple-related token. Standard Chartered...
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BoE’s Andrew Bailey Nominated to Lead G20-Crypto Supervisor FSB

BoE’s Andrew Bailey Nominated to Lead G20-Crypto Supervisor FSB

Bank of England (BoE) governor Andrew Bailey has been nominated to be the next chair of the G20’s financial overseer, the Financial Stability Board (FSB). The FSB's Nomination Committee...
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7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial

7-Eleven Begins Accepting Bank of Korea’s Digital Currency in CBDC Trial

South Korea's 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June. The company is...
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Custodia, Vantage Bank Tokenize U.S. Dollar Demand Deposits on Ethereum

Custodia, Vantage Bank Tokenize U.S. Dollar Demand Deposits on Ethereum

Custodia Bank and Vantage Bank have completed the tokenization of U.S. dollar demand deposits on the Ethereum mainnet. The banks issued and redeemed Custodia's Avit stablecoins on the Ethereum...
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Australia Proposes New Crypto Regulation Structure, Plans to Integrate Digital Asset Into the Economy

Australia Proposes New Crypto Regulation Structure, Plans to Integrate Digital Asset Into the Economy

The Australian Government announced an ambitious whole-of-government approach to regulating and integrating digital assets into the broader economy, inspired by work done in the European Union (EU) and Singapore....
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U.S. Bank Agency Cuts ‘Reputational Risk’ From Exams After Crypto Sector Cites Issues

U.S. Bank Agency Cuts ‘Reputational Risk’ From Exams After Crypto Sector Cites Issues

U.S. national banks have been told by the Office of the Comptroller of the Currency that they'll no longer have to answer how controversial customers might damage their reputations...
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Battered Bitcoin Looks to U.S. Fed for Support, Bank of America Predicts End of Quantitative Tightening

Battered Bitcoin Looks to U.S. Fed for Support, Bank of America Predicts End of Quantitative Tightening

As bitcoin (BTC) looks to recover from its recent downturn, observers are looking to Wednesday's Federal Reserve (Fed) rate decision to offer support, with some saying that an announcement...
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Fintech and Crypto Firms Seek Bank Charters Under Trump Administration: Reuters

Fintech and Crypto Firms Seek Bank Charters Under Trump Administration: Reuters

Financial technology and crypto firms are applying for state or national bank charters, aiming to expand their business under the more crypto-friendly Trump administration as industry executives report a...
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Bank of Russia Proposes Crypto Investment Pilot for High-Net-Worth Investors

Bank of Russia Proposes Crypto Investment Pilot for High-Net-Worth Investors

The Bank of Russia has submitted proposals to the government for a controlled experiment allowing a “limited group of Russian investors” to trade cryptocurrencies, based on a directive from...
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  • Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

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