Garanti BBVA’s to Provide Crypto Trading Services in Hint of Things to Come
European banks will soon be offering crypto services to their customers in the EU, according to Spanish crypto exchange Bit2Me.
European banks will soon be offering crypto services to their customers in the EU, according to Spanish crypto exchange Bit2Me.
The move higher will be driven by institutional, corporate and nation-state adoption, the report said.
The Israel Securities Authority approval was granted last week, Calcalist reported.
The country’s concessions include that taxes must be paid in U.S. dollars, not bitcoin, and bitcoin acceptance will be made voluntary in the private sector.
Senator Tim Scott said the Senate will tackle crypto bills, and the incoming chair of the House Financial Services Committee said he hopes to pass them in 2025.
While RLUSD’s price will always be redeemable for $1, some onchain “collectors” are likely bidding to be the first to hold the much-awaited Ripple stablecoin.
The Fed is likely to deliver a “hawkish rate cut,” with hints of less easing next year.
The self-described Bitcoin Development Company became one of the 75 largest non-financial firms in the Nasdaq after its explosive growth this year.
Hill, who chaired the House Financial Services Committee’s digital assets subcommittee, has long been a crypto advocate on the Hill.
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.