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UK Banks Launch Tokenized Deposit Pilots To Test Faster Payments
UK banks are quietly embracing blockchain technology, launching pilots of tokenized deposits that could reshape the way money moves across Britain’s financial…
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Tether In Talks With SoftBank And Cathie Wood’s Ark For $20 Billion Raise: Report
Tether Holdings SA is in talks with potential backers including SoftBank Group Corp. and Ark Investment Management LLC for a funding round…
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Coinbase Seeks Federal Trust Charter In Bid To Expand Crypto Payments
Coinbase has officially applied for a national trust charter with the U.S. Office of the Comptroller of the Currency (OCC), the exchange…
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U.S. Regulators Move Toward Clarifying Banks’ Role In Digital Asset Sector
The Federal Deposit Insurance Corporation (FDIC) is gearing up for a pivotal decision that could alter the relationship between banks and cryptocurrency…
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Russia’s Central Bank Warns State Is Undermining Investor Rights
For the first time since Moscow began its large-scale nationalisation drive, Russia’s central bank has publicly pushed back against how the government…
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Latin America’s Nubank Delivers Record Profits And Expanding Loan Book
Brazilian digital banking giant Nubank has once again made headlines by posting an impressive 42% boost in net profit, driving its shares…
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Gemini Names Goldman, Citi, Morgan Stanley, Cantor For Planned Nasdaq Listing
Gemini Trust Co., the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has filed for a U.S. initial public offering and named…
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Poland’s New Crypto Law Sets Tougher Rules For Service Providers
Lawmakers in Poland have passed the Crypto-Asset Market Act (Bill 1424) that introduces a comprehensive licensing regime for Crypto Asset Services Providers…
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European Central Bank Flags Risks In EU’s Securitisation Reforms
The European Central Bank (ECB) has voiced concern over the European Commission’s latest proposal to relax rules around bank securitisation, warning that…
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Binance Australia Faces Audit Over Money Laundering Concerns
Australia’s financial crime watchdog has directed Binance’s local unit to appoint an external auditor after identifying weaknesses in its anti-money laundering and…