Excellent Crypto News Coming from the US Federal Reserve
The US Federal Reserve Board stated on Monday that it is eliminating “reputational risk” as a supervisory tool for banks. The move could potentially open the digital doors for crypto…
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Major US Banks Mulling Joint Stablecoin Venture: Report
America’s biggest banks, including JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and others, are in early discussions about creating a joint stablecoin to compete with the crypto industry, according…
Fed Chair Calls for Crypto Regulation, Warns Banks Against ‘Excess Risk Aversion’
“I do think it would be helpful if there were a greater regulatory apparatus around crypto,” the US central bank chair said at the Federal Open Market Committee press conference…
SEC Revokes SAB 121, Paving the Way for Banks to Hold Crypto
The U.S. Securities and Exchange Commission (SEC) has officially axed the controversial Staff Accounting Bulletin 121 (SAB 121), removing it via a new policy, SAB 122. This development means that…
Bank of Italy Calls Bitcoin P2P Services ‘Crime-as-a-Service’ Amidst Growing Acceptance
While major institutions worldwide are gradually embracing Bitcoin, recognizing its potential as a transformative asset and even integrating it into their corporate treasuries, the perception of the cryptocurrency remains far…
Reveals Spanish Bank Allocates 2% to Aptos Staking ETP: Bitwise
Hunter Horsley, CEO of Bitwise, announced that a Spanish bank has allocated 2% of its holdings to the Bitwise Aptos staking ETP. In a tweet, Horsley stated that the adoption…
Marc Andreessen’s Bombshell on Joe Rogan Spurs ‘Debank the Banks’ Discussion
The momentum from Andreessen Horowitz co-founder Marc Andreesen’s recent revelations about debanking has been unstoppable, sparking a fiery discussion urging people to step away from traditional financial institutions. Debanking Unmasked:…
Anti-Crypto Senate Banking Chair Sherrod Brown Ousted in Ohio
Bernie Moreno, a Republican businessman with backgrounds in auto dealerships and blockchain technology, has defeated incumbent Democratic Senator Sherrod Brown in Ohio. The victory has major implications for both the US…
RWA Sector Poised for $600B Growth by 2030: Report
The growing tokenized funds sector could see its value reach $600 billion in the next six years, according to a whitepaper jointly released by Boston Consulting Group (BCG), Aptos Labs,…
Chainlink Partners With Major Finance Firms on AI, Oracles, and Blockchain Data Solution Project
On Oct. 22, Chainling announced the results of its industry-wide corporate actions initiative involving major financial players such as Euroclear, Swift, UBS, Franklin Templeton, and Sygnum Bank. Blockchain ecosystem partners…