JPMorgan Chase sued for allegedly enabling $328 million crypto Ponzi scheme
A California investor has filed a class action lawsuit against JPMorgan Chase Bank, accusing the nation’s largest bank of helping...
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Bank of England hints at softer approach to stablecoin restrictions
The Bank of England may soften its approach to stablecoin regulation after industry criticism of proposed holding limits. Speaking at...
Bitcoin is Now a Global Financial Player as Institutions Take the Helm: Bitwise
Bitcoin is crossing a structural threshold, evolving from an experimental digital asset into a macro-scale instrument with global capital relevance,...
Wells Fargo ‘WFUSD’ Trademark Filing Sparks Speculation About New Bank Stablecoin
Wells Fargo has filed a U.S. trademark for “WFUSD,” a move that signals the banking giant may be preparing to...
Mastercard Launches Global Crypto Partner Program to Bridge Digital Assets and Traditional Payments
Mastercard has unveiled a new global initiative aimed at bringing crypto into the mainstream of financial services. The Crypto Partner...
Investment Bank Gives Strategy (MSTR) and Strive (ASST) Buy Ratings, Flags Bitcoin Treasury Discounts
Investment bank B. Riley has entered the corporate bitcoin treasury sector with formal coverage of two Nasdaq-listed companies, Strategy Inc....
‘On Schedule:’ Central Bank of Russia Prepared for Digital Ruble Launch
Elvira Nabiullina, the head of the Central Bank of Russia, has declared that first-wave banks were finalizing their preparations to...
EU’s regulated blockchain securities market adds first bank participant
Amina, a Swiss-regulated crypto bank, has joined a blockchain-based settlement platform for tokenized securities operating under the European Union’s DLT...
Brazil’s Pix Payment Network Launches in Argentina, Bank Mulls Larger Expansion
Banco do Brasil, a Brazilian state-controlled bank, launched a new feature allowing Brazilian customers to leverage the Pix payments system...
South African Economist Flags Authoritarian Risks in CBDCs
Economist Dawie Roodt has issued a warning that central bank digital currencies could become tools for authoritarian control due to...
PBOC Governor: China Continues to Pursue Yuan Internationalization for Cross Border Payments
The People’s Bank of China is pushing to make the renminbi, popularly known as the yuan, an efficient international currency...
Kazakhstan Announces Investment of up to $350 Million in Crypto Reserve
The Central Bank of Kazakhstan recently announced that it would set up an investment portfolio of up to $350 million...
Kazakhstan’s Central Bank to Channel $350 Million of Reserves into Crypto and Bitcoin Investments
The National Bank of Kazakhstan plans Bitcoin-fiat facing services Financial institutions in Kazakhstan are also experimenting with consumer-facing crypto services....
Russia Considers Simplified Licensing Path for Bank-Run Crypto Exchanges
Russia’s central bank is weighing a plan that would allow banks and brokerage firms to operate cryptocurrency exchanges through a...
Canada pilots tokenized bond settlement using central bank deposits
Bank of Canada, together with RBC Capital Markets, TD Bank Group (TD) and Export Development Canada (EDC), has completed Project...
