Newsroom
Crypto · BitGo
The cryptocurrency sector is about to welcome another major IPO. BitGo, a crypto custodian founded in 2013, has filed with the U.S. Securities and Exchange Commission to list…
The Distributed Team
Markets · Federal Reserve
The U.S. housing sector is back in the spotlight as the Federal Reserve restarts interest rate cuts for the first time since December. The Fed’s move has lifted…
Eman Shaikh
Crypto · Digital Currency
AnchorX, a Hong Kong-based fintech firm, announced the launch of AxCNH, a stablecoin pegged to the offshore Chinese yuan (CNH). AnchorX.KZ becomes the first stablecoin issuer to obtain…
Eric Nkando
Crypto · Blockchain
The London Stock Exchange Group (LSEG) announced the launch of Digital Markets Infrastructure (DMI), a blockchain-based platform for private funds. Powered by Microsoft Azure, the system is expected…
Eric Nkando
Crypto · Creditors
Nearly three years after FTX’s dramatic collapse, the exchange is taking another major step toward repaying creditors. On September 30, the bankruptcy estate will distribute $1.6 billion, marking…
The Distributed Team
Markets · Fintech
German banks temporarily blocked payments worth more than 10 billion euros from PayPal earlier this week after raising alarms about possible fraud. The move, reported by German newspaper…
Eman Shaikh
Markets · Banking
The Federal Reserve has locked in fresh capital requirements for the nation’s largest banks, but not without pushback. Morgan Stanley is seeking a review of its result, setting…
The Distributed Team
Crypto · Bitcoin
El Salvador has changed how it secures its national bitcoin reserve, moving funds into multiple wallets in a shift officials described as protection against future quantum computing threats.…
The Distributed Team
Crypto · Crypto.com
Trump Media has completed a $105 million acquisition of Cronos tokens in a cash-and-stock deal with Crypto.com, marking one of its largest moves yet into the digital asset…
The Distributed Team
Crypto · Adoption
Brazil’s largest private asset manager is stepping deeper into digital assets with the launch of a new crypto-focused division. Itaú Asset Management has named João Marco Braga da…
The Distributed Team
Markets · Bonds
The U.S. bond market is sending mixed signals, and some investors worry it is overlooking deeper risks tied to government spending, inflation, and political pressure on the Federal…
Eman Shaikh
Crypto · Nasdaq
Tal Cohen, the President of Nasdaq, announced that Nasdaq has filed a proposal with the U.S Securities and Exchange Commission (SEC) to allow trading of tokenized securities. These…
Eric Nkando
Markets · Banking
China’s biggest banks have warned that their profit margins will come under even more pressure in the second half of the year as the world’s second-largest economy struggles…
Eman Shaikh
Crypto · Banking
In Washington, a single policy change has opened the door for Wall Street banks to step deeper into crypto markets. Citigroup is now weighing a role in custody,…
The Distributed Team
Markets · Bank Of America
U.S. President Donald Trump has signed an executive order requiring banks and their regulators to ensure that customers are not denied services based on political or religious beliefs.…
The Distributed Team
Crypto · Hong Kong
Animoca Brands and Standard Chartered’s Hong Kong division have partnered with Hong Kong Telecom to launch Anchorpoint, a joint venture aimed at issuing licensed stablecoins in the city.…
The Distributed Team
Markets · Banking
US President Donald Trump has placed America’s banking giants into the political spotlight, this time accusing major financial institutions like JPMorgan Chase and Bank of America of discriminating…
Eman Shaikh
Crypto · CFTC
The U.S Commodity Futures Trading Commission (CFTC) has announced that it’s set to launch “Project Crypto.” According to Caroline Pham, CFTC’s Acting Chair, this initiative is expected to…
Eric Nkando
Crypto · Adoption
Hong Kong’s licensing regime for stablecoin issuers came into effect on Friday, marking the latest step in the city’s plan to regulate digital assets. Firms can now apply…
The Distributed Team
Crypto · Crypto ETF
The UK’s financial regulator has reversed a years-long stance against crypto-linked investment products, giving retail investors fresh access to cryptocurrency exchange-traded notes (cETNs) after a 2021 ban. The…
The Distributed Team
Markets · Banking
Britain could be bracing for another consumer finance scandal of historic proportions as the country’s Supreme Court prepares to hand down a decision that may affect millions of…
Eman Shaikh
Crypto · Digital Assets
Justin Sun, the founder of TRON, recently announced that TRON Inc. has officially adopted TRX as a strategic reserve asset. The development solidifies Sun’s participation as a strategic…
Eric Nkando
Markets · Banking
Tyler Winklevoss, co-founder of crypto exchange Gemini, alleges that JPMorgan Chase stopped Gemini’s onboarding after he publicly criticized the bank’s new fee structure that charges fintech firms for…
The Distributed Team
Markets · Bank Of America
The U.S. House of Representatives Select Committee on China has escalated its investigation into Wall Street’s involvement with Chinese companies by subpoenaing the CEOs of JPMorgan Chase and…
The Distributed Team
Crypto · Adoption
Abu Dhabi Judicial Department (ADJD) has signed a strategic partnership with AL Maryah Bank to allow the use of AE coin to pay for legal and judicial services.…
Eric Nkando
