Polymesh and Ocree Capital have tokenized a $52M Canadian commercial property, enabling fractional investment through blockchain technology.
CFTC Commissioner Caroline Pham, with extensive crypto experience, appointed as Acting Chair.
Major banks and asset managers are increasingly interested in Solana for its low transaction costs and high throughput. Companies like Franklin Templeton, Citibank, and Société Générale are launching projects on the network. Solana is preferred over Ethereum despite lacking regulatory clarity in the US market due to its focus on scalability and user experience.
CitiBank closed Ripple CEO Brad Garlinghouse's account due to his association with the crypto industry, citing potential regulatory challenges.
Ripple CEO Brad Garlinghouse revealed that Citibank terminated their 25-year relationship due to his involvement in the cryptocurrency industry. This came to light at DC Fintech Week, as Garlinghouse shared the bank's decision to give him five days to relocate his funds before severing ties.
Ripple's CEO Brad Garlinghouse revealed that Citibank ended their banking relationship with him due to concerns over cryptocurrency.
Senator Elizabeth Warren urged regulators to tackle Citibank's repeated operational failures and suggests breaking up the bank due to its mismanagement and regulatory missteps.
Google Cloud partners with Solana Labs to launch GameShift service, enabling Web3 gaming integration for developers.
Citibank, the fourth largest bank in the US, and Franklin Templeton made significant moves with Solana (SOL).
Franklin Templeton will launch an on-chain Mutual Fund on Solana citing cost-effectiveness. Citibank is also exploring Solana for payment transfers.
Franklin Templeton plans to adopt Solana's network for its on-chain mutual fund, while Citibank explores using Solana for transfers and smart contracts.
Citibank predicts that the correlation between the cryptocurrency market and equities will continue due to economic developments.
Citibank's report raises Coinbase (COIN) stock price target, reflecting a positive regulatory outlook following the upcoming US elections.
McKinsey's 2024 report highlights blockchain as a key tech trend, emphasizing its transformative potential in tokenization and AI synergy.
Citibank's report analyzes the potential market impact of spot Ethereum ETFs, sparking mixed predictions among experts.
Major banks, including Citibank, have been implicated in financial crises and war profiteering, with critics like BitBoy pointing out congressional inaction during significant periods.
US regulators raise concerns about Citibank's derivatives management, highlighting gaps in the bank's contingency plans and data systems.
A Wells Fargo customer lost $81,000 to an unnoticed theft via electronic transfers to a Citibank account, with no alerts of suspicious activity and no reimbursement from either bank.
Major US banks such as JPMorgan Chase, Bank of America, and Citibank have $7.4 trillion in off-balance sheet assets, which could pose a risk to the crypto market.
Talos, a company supported by Citibank and Andreessen Horowitz (a16z), has completed the acquisition of Cloudwall, a platform specializing in cryptocurrency risk management.
