Digital Euro Project Moves to ‘Preparation’ Phase
The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.
U.S. Crypto Regulatory Fog Keeps Standard Chartered Rooted in UAE, Asia
Standard Chartered chose Dubai as its base for launching crypto services. Reading between the lines, the message coming from banks and large institutions is that almost anywhere is preferable...
Fed Governor Bowman Says U.S. CBDC May Pose ‘Significant Risk’
Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.
Bitcoin’s 300% Surge From Early 2019 in Focus As Fed Officials Favor Rate Pause
The 2019 playbook offers a bullish view for bitcoin as Fed officials signal pause in the rate hike cycle.
Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add...
Italy’s Cipollone Defends Digital Euro as He Seeks ECB Role
Remarks at a parliamentary hearing suggest no digital currency swerve when Fabio Panetta steps down from his role at the European Central Bank in November.
First Mover Americas: Ether ETFs Struggle to Gain Traction in First Week
The latest price moves in crypto markets in context for Oct. 6, 2023.
Banks Would Have to Disclose Crypto Holdings Under New BIS Plan
The Basel Committee on Banking Supervision previously recommended capital constraints to wall off TradFi from the likes of bitcoin and ether
First Mover Americas: Judge Dismisses SEC’s Attempt to Appeal Ripple Ruling
The latest price moves in crypto markets in context for Oct. 4, 2023.
Fed Report: Silvergate Bank Got Fatally Ensnared in Crypto While Examiners Shrugged
The Federal Reserve's inspector general studied the bank’s collapse and concluded the Fed’s examiners failed to quickly flag its problems and managers were “ineffective.”