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Central Bank Of China Targets Stronger Global Role For Yuan With Regulatory Push
China is taking another big step in its long-term goal of making the Yuan a stronger global currency. On Friday, the People’s…
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WisdomTree Launches Tokenized Private Credit Fund With $25 Entry Point
Private credit, once the preserve of institutional investors, is moving onto blockchain. WisdomTree has launched a new tokenized fund that brings the…
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Crypto Custodian BitGo Files For IPO With $90 Billion In Assets Under Custody
The cryptocurrency sector is about to welcome another major IPO. BitGo, a crypto custodian founded in 2013, has filed with the U.S.…
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Federal Reserve Rate Cuts Boost Optimism In US Housing Market
The U.S. housing sector is back in the spotlight as the Federal Reserve restarts interest rate cuts for the first time since…
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AxCNH Stablecoin Debuts As China Pushes Digital Currency Influence Beyond Borders
AnchorX, a Hong Kong-based fintech firm, announced the launch of AxCNH, a stablecoin pegged to the offshore Chinese yuan (CNH). AnchorX.KZ becomes…
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London Stock Exchange Launches A Blockchain Platform For Private Funds
The London Stock Exchange Group (LSEG) announced the launch of Digital Markets Infrastructure (DMI), a blockchain-based platform for private funds. Powered by…
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Collapsed Crypto Exchange FTX To Distribute $1.6 Billion To Creditors In Latest Payout
Nearly three years after FTX’s dramatic collapse, the exchange is taking another major step toward repaying creditors. On September 30, the bankruptcy…
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Fraud Fears Force German Banks To Freeze Over €10 Billion In PayPal Transfers
German banks temporarily blocked payments worth more than 10 billion euros from PayPal earlier this week after raising alarms about possible fraud.…
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Morgan Stanley Challenges Fed Over Capital Buffer In Rare Stress Test Dispute
The Federal Reserve has locked in fresh capital requirements for the nation’s largest banks, but not without pushback. Morgan Stanley is seeking…
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El Salvador Moves Bitcoin Reserve Into Multiple Wallets In Security Update
El Salvador has changed how it secures its national bitcoin reserve, moving funds into multiple wallets in a shift officials described as…