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Nasdaq Sets Sight On First Tokenized Trading With SEC Approval
Tal Cohen, the President of Nasdaq, announced that Nasdaq has filed a proposal with the U.S Securities and Exchange Commission (SEC) to…
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Big Chinese Banks Report Falling Profits Amid Economic Slowdown
China’s biggest banks have warned that their profit margins will come under even more pressure in the second half of the year…
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Citi Explores Custody And Payments For Stablecoins After U.S. Law Shift: Report
In Washington, a single policy change has opened the door for Wall Street banks to step deeper into crypto markets. Citigroup is…
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Trump Orders Crackdown On Political And Religious Bias In Banking
U.S. President Donald Trump has signed an executive order requiring banks and their regulators to ensure that customers are not denied services…
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Animoca Brands, Standard Chartered Unveil Stablecoin Venture In 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…
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Are US Banks Discriminating Against Conservatives? President Donald Trump Thinks So
US President Donald Trump has placed America’s banking giants into the political spotlight, this time accusing major financial institutions like JPMorgan Chase…
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Crypto Sprint Begins As CFTC And SEC Rush Toward Regulatory Reform
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…
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Hong Kong Launches Stablecoin Regime, Limits Licenses To A Select Few
Hong Kong’s licensing regime for stablecoin issuers came into effect on Friday, marking the latest step in the city’s plan to regulate…
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UK Regulator Reverses Ban On Retail Crypto ETNs, Cites Market Maturity
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…
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Britain’s Next Finance Scandal? Supreme Court Ruling Could Spark Billions In Claims
Britain could be bracing for another consumer finance scandal of historic proportions as the country’s Supreme Court prepares to hand down a…