Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
1052 ET - Bitcoin is down 1% in morning trade, to $83,508. While bitcoin has been sliding since rising to as high as $87,000 early this week, analysts don't expect it to completely reverse these gains. "We would treat a retracement toward $80K as an accumulation opportunity rather than a failure of …
Circle now has a federally chartered national trust bank, and it wants to make your Bitcoin do more than sit in a wallet appreciating. Circle National Trust, operating as First National Digital Currency Bank, N.A., received final approval from the Office of the Comptroller of the Currency on July 10…
ECB President Christine Lagarde announced this week that the central bank officially launched Pontes on Monday, September 21, a system that lets banks across the European Union settle transactions with each other using a digital euro and blockchain technology. “It’s the beginning, not the finish,” L…
UniCredit Bank is seeking a technology provider that would allow it to build infrastructure for digital asset trading, custody and access to tokenized investment products.The Italian bank’s discussions are still in the early stages, with areas of interest including crypto custody and brokerage capab…
India will urge BRICS nations to broaden use of central bank-backed digital currencies for cross-border payments while avoiding support for a unified payments network that could be viewed as a challenge to the dollar, according to Bloomberg.People familiar with the matter said India is pushing the d…
Italy’s central bank, Banca d’Italia, ordered mandatory sanctions screening for cryptocurrency transfers to help curb illicit flows across the EU.The bank said that crypto asset service providers (CASPs) must put policies and internal controls in place to enforce EU financial sanctions when processi…
London-headquartered multinational bank Standard Chartered has launched spot Bitcoin and Ether trading for institutional clients in the United Arab Emirates (UAE), through its entity regulated by the Dubai International Financial Centre (DIFC).The move makes Standard Chartered the first global bank …
The Reserve Bank of Australia said it has launched a consultation on the role its information and transfer systems could play in settlement services within tokenized ecosystems. According to Sina Finance, the consultation aims to gather views on how the Reserve Bank of Australia's services could sup…
Russia’s largest bank, Sberbank, is preparing to expand crypto-backed lending beyond Bitcoin, planning to accept Ethereum and Tether’s USDT as collateral for loans. The move comes as Russia prepares new crypto market rules, but Sberbank’s overall offering still depends on approval from the Bank of R…
The Bank for International Settlements is renewing its criticism of stablecoins, questioning whether they can credibly serve as everyday money as governments worldwide build regulatory frameworks around the tokens. BIS General Manager Pablo Hernández de Cos, a candidate to succeed European Central B…
An Abu Dhabi royal and his co-investors reportedly back the largest stake in the holding company behind World Liberty Financial’s proposed US trust bank.Citing people familiar with the matter, the Wall Street Journal reported that Sheikh Tahnoon bin Zayed Al Nahyan’s group is behind StringZ Holding …
The Bank of Russia said individuals can be recognized as qualified investors by passing a financial and banking knowledge test and obtaining documents such as the National Finance Association's Qualifin Certificate or the Moscow Exchange's Investor Certificate. According to Odaily, the new rule take…