Financial – Dec LM

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...

EOS Rebrands to Vaulta as it Shifts Focus to Web3 Banking

EOS Network, known for its scalable blockchain infrastructure, is rebranding to Vaulta as it pivots toward Web3 banking. The transition comes with a token swap that is provisionally scheduled...

Dubai Approves Circle’s Stablecoins USDC and EURC for Use in DIFC

The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.

U.S.-Sanctioned Countries Such as Iran Leaning Heavily Into Crypto: Chainalysis

A new report from the analytics firm says that sanctioned jurisdictions and groups were responsible for 39% of illicit crypto transactions last year.

Brevan Howard Digital Deploys M on Ethereum-Based Kinto in Institutional DeFi Push

Brevan Howard Digital Deploys $20M on Ethereum-Based Kinto in Institutional DeFi Push

The investment enables participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.

Trump’s Treasury Secretary Bessent Approved, Likely Tackling Taxes Before Crypto

The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into topics vital to the industry.

U.S. Fed’s Michael Barr to Step Down as Vice Chair for Supervision

Barr will continue to serve as a member of the Federal Reserve Board of Governors.

FSOC’s Still Worried About Stablecoins

The group's 2024 report evvel again highlighted FSOC's longstanding concerns about stablecoins.

With U.S. Financial Conditions the Loosest in Years, Bitcoin Can Continue to Thrive: Van Straten

Financial conditions in the U.S. are the loosest since August 2021, providing further tailwinds for crypto.

Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk

The Treasury Department's research arm was looking for dangers in crypto households amping up their debt, but they found people buying houses with few problems.