Digital Assets
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Custodial Bank BNY Launches Blockchain Platform To Settle Institutional Deposits
BNY, the world’s largest custodial bank, is offering institutional clients a way to settle bank deposits on a blockchain for the first…
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Nasdaq, CME Group Rebrand Crypto Index To Support Regulated Investment Products
Nasdaq and CME Group rebranded the Nasdaq Crypto Index as the Nasdaq-CME Crypto Index, tightening a decades-long partnership as institutional interest in…
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Bitfarms Exits Latin America In $30 Million Sale To Fund AI Pivot
Bitfarms is closing a chapter that once defined its global expansion, using a $30 million asset sale to accelerate a broader transformation.…
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Russia’s Second-Largest Bank To Open Spot Crypto Trading To Rich Clients
VTB prepares to open Russia’s banking system to spot crypto trading, but only for a narrow group of wealthy clients, as the…
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Western Union Bets On Stablecoins To Shield Remittances From Inflation Shock
Western Union is preparing to launch an inflation-resistant “stable card” and issue its own coin as it pushes deeper into digital assets…
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Interactive Brokers Expands Crypto Rails With Stablecoin Deposits
Interactive Brokers Group Inc. has started to let retail investors fund individual brokerage accounts with stablecoins, highlighting how cash-like crypto tokens move…
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US Regulators Grant Trust Bank Charters To Circle, Ripple, And Other Crypto Firms
US regulators granted conditional national trust bank charters to five prominent crypto players. The Office of the Comptroller of the Currency (OCC)…
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EU Plans To Tap Russian Assets Spark Legal And Economic Showdown
Russia’s central bank has strongly criticized European Union plans to use Russian state assets frozen in Europe, calling the move illegal and…
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Canada Gears Up For Stablecoin Regulation Before Budget Reveal
Canada is preparing to introduce a new stablecoin regulation, set to be announced in the upcoming federal budget on November 4, a…
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UK Steps Up Crypto Tax Enforcement As HMRC Sends 65,000 Warning Notices
HM Revenue & Customs (HMRC) has stepped up enforcement activity after identifying gaps in tax declarations from investors who trade cryptocurrencies such…