Singapore Launch Tokenization Initiative Jointly With International Banks
Brenda CollinsIn a recent news report, the Monetary Authority of Singapore (MAS), in conjunction with 17 institutions, launched Project Guardian, aimed…
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Institutional Giants BlackRock and Grayscale Champion ETFs, Crypto Market Responds
Donald HaymatterBlackRock Inc., the world's largest asset manager, has filed for an Ethereum spot Exchange Traded Fund (ETF) in Delaware, potentially…
Germany’s Third-Largest Bank Rolls Out Crypto Custody Services for Institutional Clients
Hassan Mehmood (Saudi Arabia)In a year filled with challenges for the cryptocurrency sector, significant banks have achieved notable advancements, with Germany often taking…
Hong Kong Central Bank Digital Currency Enters Phases 2
Hong Kong is making considerable development in CBDC as its e-HKD project has recently implemented a 3-rail approach. The respective…
Kasikornbank Acquires Satang Pro, Eyes 20% of Thai Crypto Market
Curtis DyeKey Insights: Kasikornbank seizes a 97% stake in Satang Pro, eyeing a dominant crypto presence. Post-acquisition, Satang Pro will transition…
Thailand’s KBank to Acquire 97% Stake in Crypto Exchange Satang
Kasikornbank is the second biggest bank provider in Thailand. The firm recently announced that it purchased a major exchange platform…
Kraken to Provide Consumer Details to IRS by November
The prominent crypto exchange Kraken recently declared to abide by a court order. As a result of this, the platform…
Ethereum’s Centralization Concerns Deepen After The Merge and Shanghai Upgrades
Key Insights: Ethereum's staking yield drops to 5.5% after the Shanghai upgrade, intensifying centralization worries. Lido Finance dominates with one-third…
The Implications of Central Bank Digital Currencies (CBDCs) on Political Power and Personal Freedom
Key Insights: CBDCs promise financial revolution but raise privacy concerns with every transaction recorded. Programmability in CBDCs can empower or…
Gemini Dismisses $282 Million Withdrawal as ‘Pure Fantasy’ by DCG
Cryptocurrency exchange Gemini has, in a Thursday, September 29 statement, decried the pure fantasy narrative by Digital Currency Group (DCG),…
Hong Kong Financial Authorities Issue Warning Against Cryptocurrency Banks
The monetary authority of Hong Kong has issued a warning against cryptocurrency firms that are posing as banks. The new…
Bull Bitcoin Exchange Eyes Costa Rica Market
Canadian crypto exchange Bull Bitcoin confirmed expanding into Costa Rica. The firm announced that it will leverage the SINPE Movil…
Discover Erica: A Beginner’s Guide to Bank of America’s Premier AI Chatbot
Since 2022, there has been a significant upswing in the progression of artificial intelligence (AI), with many sectors swiftly adopting…
Australian Bendigo Bank Blocks Cryptocurrency Payments
Bendigo Bank of Australia has recently entered the list of banks that have stopped crypto payments while operating within the…
US House Committee Approves Bill to Allow Self-Custody of Cryptocurrencies
The US House Committee has recently passed a legal provision to allow self-custodial options for cryptocurrency investors. In the wake…
National Australia Bank Halts A$270M Payments Cites Vulnerability to Scam
The National Australia Bank (NAB) joins other Australian lenders boycotting crypto platforms vulnerable to scams. The decision featured in the…