Fed Rate Cut Could Crash Crypto Markets, But Era of Central Banks is Over: Arthur Hayes
A rate cut could add to inflation and strengthen the Japanese yen, crashing markets, Hayes explained.
More than 40 Firms Join Central Bank Group to Explore Tokenization for Cross-Border Payments
The Bank for International Settlements launched Project Agorá in April and it brings together seven monetary authorities from the U.K., Japan, South Korea, Mexico, Switzerland, New York and Europe.
Crypto Bank Anchorage Digital Takes on Custody for ARK 21Shares Bitcoin ETF
With this partnership, the U.S.-chartered crypto bank is moving into ETF custodial services for one of the leading issuers.
Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
The central bank wants to promote the widespread use of the digital ruble.
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot
In May 2023, the BCB selected 14 participants for the first phase of the pilot.
Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network.
Switzerland’s Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ether
ZKB’s new service also allows other Swiss banks to offer customers the trading and custody of cryptocurrencies, with Thurgauer Kantonalbank being the first partner bank to use the service.
Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%
The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies.
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Risks include operations and security, governance, yasal, settlement finality and compliance, the report said.