Search
Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217
17.5.2024
Bank of America (BAC) has upgraded its rating on Coinbase (COIN) shares from underperforming to neutral.
The post Bank of America Upgrades Coinbase Rating to Neutral, Raises Price Target to $217 appeared first on Cryptonews
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
17.5.2024
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across...
US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank
17.5.2024
Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across...
China Expands Digital Yuan Pilot: Hong Kong Residents Can Now Set up E-CNY Wallets Locally
17.5.2024
The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBOC) have advanced the digital yuan (e-CNY) pilot for payments, aiming to increase e-CNY wallet usage in Hong Kong. Residents can now set up and top up wallets via the Faster Payment System (FPS), marking the first global...
Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients
17.5.2024
Morgan Stanley was the owner of $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, a 13F filing showed
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
17.5.2024
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said
Hong Kong digital yuan pilot lacks P2P capabilities
17.5.2024
While Hong Kong residents can sign up for a digital yuan (e-CNY) wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong
14th Africa Bank 4.0 Summit – Pan Africa: Shaping the future of finance in Nairobi, Kenya
17.5.2024
With a vision of “Celebrating Africa’s Financial Realities: Where Digital Dreams Shine Bright”, the 14th Africa Bank 4.0 Summit – Pan Africa is all set to take place on May 29-30, 2024, in Nairobi, Kenya. With a history of 13 successful editions of the flagship “Africa Bank 4.0 Summit”,...
Juno Addresses Banking Service Disruption — ‘This Is Outside Our Control’
17.5.2024
Juno Finance acknowledges the disruption in banking services and is collaborating with its brokerage and banking service providers, Synapse and Evolve Bank & Trust, to restore full service as soon as possible. Juno is a financial platform that integrates checking and savings accounts with...
India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban
16.5.2024
The Securities and Exchange Board of India (SEBI) has proposed a multi-regulator approach to oversee cryptocurrency trading. In contrast, the Reserve Bank of India (RBI) seeks a stablecoin ban.
The post India’s SEBI Open to Crypto Oversight, RBI Seeks Stablecoin Ban appeared first...
Tens of Thousands Show Overwhelming Support for Abolishing the Fed, US Policymaker’s Poll Reveals
16.5.2024
On May 15, Thomas Massie, a Republican member of the United States House of Representatives, posted on X, inquiring whether he should introduce legislation to abolish the U.S. Federal Reserve. The poll garnered over 115,000 votes, with a significant 86% majority opting to “end the Fed.”...
SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
16.5.2024
The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler
Izzy Englander's Millennium, Paul Singer’s Elliott Among Bitcoin ETF Holders
15.5.2024
After Tuesday’s surprising disclosure of a $161 million allocation from the State of WIsconsin, more investment whales turned out to have been part of the unprecedented success of the ETFs
Mastercard, Standard Chartered test tokenized deposit transaction
15.5.2024
Mastercard’s Multi-Token Network enabled an atomic swap of a tokenized carbon credit for cash in a bank account
Deutsche Bank Explores Blockchain-Based Asset Tokenization
15.5.2024
Deutsche Bank has announced its collaboration with the Monetary Authority of Singapore’s Project Guardian, a multi-year initiative aimed at exploring the potential of asset tokenization in regulated financial markets. The banking giant will test an open architecture and interoperable...
Deutsche Bank Joins Singapore’s Project Guardian Asset Tokenization Project
14.5.2024
Deutsche Bank, a German multinational investment bank has joined Singapore's central bank on asset tokenization.
The post Deutsche Bank Joins Singapore’s Project Guardian Asset Tokenization Project appeared first on Cryptonews
Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’
14.5.2024
Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable
Deutsche Bank joins Singapore's asset tokenization project
14.5.2024
Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether
Digital Euro Use Won’t Push Out Swedish Krona: Central Bank
14.5.2024
Adopting a potential digital euro won't reach a critical point that hastens the Swedish krona’s displacement, Sweden’s central bank said.
The post Digital Euro Use Won’t Push Out Swedish Krona: Central Bank appeared first on Cryptonews
Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
14.5.2024
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week