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 to the U.S.
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.
The 2019 playbook offers a bullish view for bitcoin as Fed officials signal pause in the rate hike cycle.
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 Ethereum’s ETH.
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.
The latest price moves in crypto markets in context for Oct. 6, 2023.
The Basel Committee on Banking Supervision previously recommended capital constraints to wall off TradFi from the likes of bitcoin and ether
The latest price moves in crypto markets in context for Oct. 4, 2023.
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.”
Chia fired 24 of its 70 employees as it continues its pitch to the U.S. Securities and Exchange Commission on going public and is weighing first-ever sales of some of its tokens.