Crypto Banking
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Institutional Giants BlackRock and Grayscale Champion ETFs, Crypto Market Responds
BlackRock Inc., the world’s largest asset manager, has filed for an Ethereum spot Exchange Traded Fund (ETF) in Delaware, potentially…
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Germany’s Third-Largest Bank Rolls Out Crypto Custody Services for Institutional Clients
In a year filled with challenges for the cryptocurrency sector, significant banks have achieved notable advancements, with Germany often taking…
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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…
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Kasikornbank Acquires Satang Pro, Eyes 20% of Thai Crypto Market
Key Insights: Kasikornbank seizes a 97% stake in Satang Pro, eyeing a dominant crypto presence. Post-acquisition, Satang Pro will transition…
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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…
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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…
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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…
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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…
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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),…
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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…
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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…
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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…
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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…
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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…
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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…
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Circle CEO Rates Yuan-Based Stablecoins Over Proposed Chinese CBDC
China is arguably at the forefront of Central Bank Digital currency development as reports showed that the country has been…
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