Hong Kong Monetary Authority aims to boost blockchain in banking with new initiative. As a top financial hub, HK embraces tech to strengthen its market position.
Ripple's XRP may become America's 'Secret Weapon' due to its unique role in the financial system and potential SEC support.
Uphold's Topper integrates with Ledger Live for seamless fiat-to-crypto transactions, aiming to disrupt conventional banking.
Visa has launched a platform to help financial institutions issue fiat-backed tokens using blockchain technology, aiming to set international standards.
World Liberty Financial launches, driven by Trump's vision and amid heightened security concerns. The company aims to innovate traditional banking using blockchain technology. Sandy Peng, Scroll’s co-founder, joins the initiative.
Russia's digital ruble will be supported by major banks by 2025, marking a significant shift in the country's financial landscape.
State Street embraces tokenisation, highlighting how digital assets are transforming banking.
The US Comptroller of the Currency, Michael Hsu, stresses stronger oversight to manage crypto risks, citing the $2 trillion crypto market collapse in 2022 that stable bank supervision helped mitigate.
The UAE allows direct crypto trading using bank accounts. This reflects confidence in crypto's economic potential, projecting $292.1 million in 2024 market revenue and a 7.89% annual growth rate through 2028.
Donald Trump Jr. has launched a DeFi crypto platform to address banking inequalities.
Despite positive economic indicators, macroeconomics expert George Gammon predicts a hard landing for the U.S. economy, citing warning signs in the banking sector.
Capital One is being sued in a class-action lawsuit over alleged mishandling of fraud claims. The case could have significant implications for consumer rights and financial regulations.
The US Senate passed a resolution to potentially lift the ban on banks offering crypto custody services, awaiting President Biden's decision, creating a buzz in the regulatory landscape of the cryptocurrency industry.
DTCC collaborates with Chainlink on pilot program engaging US banks to enhance tokenization in traditional finance.
The U.S. Senate has voted against the SEC's crypto asset accounting rule, allowing banks more freedom to hold cryptocurrencies.
Ethereum co-founder Joseph Lubin criticizes the SEC for stifling innovation by obstructing Ethereum's potential in the banking sector.
KfW, the state-owned German bank, announces plans to issue digital blockchain-based bonds, marking a significant move into the technological realm for Germany's traditional banking sector.
A Bitcoin-only app incorporates fiat banking practices to enhance user experience and functionality.
A Hong Kong bank supports regulatory goals by offering reserve services, aligning traditional banking with modern financial technologies.
