Search
Bank of Japan Keeps Interest Rates Unchanged Unlike Fed & HK
20.9.2024
The US Federal Reserve announced interest cut rates by 50 bps, and Hong Kong slashed rates by 0.5%…
US ‘far behind’ on crypto, election no quick fix: Ripple APAC boss
20.9.2024
The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray
Boerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks
20.9.2024
Boerse Stuttgart Digital is collaborating with DZ Bank to bring secure cryptocurrency trading and storage to over 700 cooperative banks across Germany. The move marks a significant step toward mainstream crypto adoption in Europe, with banks now offering regulated crypto services to retail...
Crypto-Friendly Digital Bank Revolut Set to Launch Its Own Stablecoin
19.9.2024
Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which...
DZ Bank partners with Boerse Stuttgart for crypto trading
19.9.2024
The partnership will bring cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout planned for late 2024
Australian Central Bank Prioritizes Wholesale CBDC
19.9.2024
The Australian Central Bank is focusing on a wholesale central bank digital currency (CBDC) due to its potential economic benefits compared to a retail CBDC. The Reserve Bank of Australia (RBA) has launched Project Acacia, a three-year plan to explore wholesale CBDC opportunities. While the RBA...
Germany's DZ Bank to Offer Customers Crypto Trading Through Boerse Stuttgart Tie Up
19.9.2024
The first banks will be connected this year, with a phased roll out for selected retail customers
Fed rate cut may be politically motivated, will increase inflation: Arthur Hayes
19.9.2024
The former BitMEX boss said the Fed has acted in the interests of presidential candidate Kamala Harris.
Silvergate Bank Declares Bankruptcy Amidst No Crypto Support
19.9.2024
Silvergate Capital Corporation, the parent company of crypto-friendly bank Silvergate, has filed for Chapter 11 bankruptcy in the…
Global Surge in CBDC Development: 134 Countries Now Exploring Digital Currencies
19.9.2024
New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages. Every G20 nation is engaged in CBDC efforts, with notable leaders such as China and the European nations pushing...
DBS Bank to Launch OTC Crypto Options Trading for Institutional Clients in Q4 2024
18.9.2024
DBS Bank, Singapore’s largest bank, has announced plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 2024. This new offering will allow institutional investors to gain exposure to bitcoin and ethereum, the two largest cryptocurrencies...
Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
18.9.2024
44% of those surveyed said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC, the bank's survey showed
Fed Rate Cut Could Crash Crypto Markets, but Era of Central Banks Is Over: Arthur Hayes
18.9.2024
A rate cut could add to inflation and strengthen the Japanese yen, crashing markets, Hayes explained
Crypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss
18.9.2024
If the Fed cuts rates by just 25 bps, “crypto will likely fall along with that,” said CEO of crypto hedge fund Asymmetric, Joe McCann
Crypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss
18.9.2024
If the Fed cuts rates by just 25 bps, “crypto will likely fall along with that,” said CEO of crypto hedge fund Asymmetric, Joe McCann
Australia’s central bank launches 3-year program for wholesale CBDC
18.9.2024
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present
Australia’s central bank launches 3-year program for wholesale CBDC
18.9.2024
RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present
Singapore’s DBS Bank to Launch OTC Crypto Options for Institutions
17.9.2024
Singapore’s DBS Bank is making a significant move into the crypto space by launching over-the-counter (OTC) crypto trading…
DBS to launch crypto options and structured notes for institutions
17.9.2024
While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024.
Russian Central Bank Eyes Digital Currency to Overcome Cross-Border Payment Obstacles
17.9.2024
Elvira Nabiullina, head of Russia’s central bank, has highlighted challenges in cross-border settlements, including payment issues and falling trade volumes. She emphasized the importance of finding new solutions, such as using digital currencies and cooperating with global partners,...