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Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg
30.6.2023
Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
29.6.2023
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020
FTX Pauses Sale of $500M Stake in AI Firm Anthropic: Bloomberg
27.6.2023
The move followed months of due diligence on the stake being done by the bidders, according to Bloomberg’s sources
Three Arrows Capital Liquidators Seek $1.3B From Bankrupt Hedge Fund's Founders: Bloomberg
27.6.2023
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say
Circle’s Allaire Says Bitcoin ETFs Likely to be Approved: Bloomberg
27.6.2023
Allaire spoke with Bloomberg at the World Economic Forum in Tianjin, China
FTX User Names: Media Houses Appeal to Overturn Court Redaction Decision
25.6.2023
Several major media outlets have filed an appeal aiming to overturn a bankruptcy court's decision to redact the names of FTX users permanently.
In a recent filing with the US Bankruptcy Court for the District of Delaware, The New York Times, Dow Jones & Company, Bloomberg, and the Financial...
Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg
23.6.2023
The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender
JPMorgan Expands Its Blockchain-Based Token to Euro Payments: Bloomberg
23.6.2023
Since its inception in 2019, over $300 billion in transactions have been processed using JPM Coin
Deutsche Bank Applies For Crypto Custody License: Bloomberg
20.6.2023
Germany’s largest financial institution Deutsche Bank AG is seeking regulatory permission to operate a custodial platform to offer cryptocurrencies.
Deutsche Bank has filed for regulatory permission with German’s Federal Financial Supervisory Authority (BaFin) to offer crypto custodial services....
Japan’s Crypto Exchanges Push for 10 Times Leverage on Margin Trading: Bloomberg
20.6.2023
The push for revised margin trading caps aims to attract diverse traders, including institutional investors, while enhancing market liquidity
IMF Is Working Hard on a Global CBDC Concept, Director Georgieva Said: Bloomberg News
20.6.2023
International Monetary Fund Managing Director Kristalina Georgieva said that the agency is “working hard on a concept of global infrastructure” to make sure there is interoperability of settlements between digital currencies that are issued by national central banks, according to Bloomberg...
Tether Counted Securities Issued by Chinese Firms Among Its Reserves: Bloomberg News
16.6.2023
Tether Holdings Ltd. at one point counted securities issued by Chinese companies among the reserves backing its USDT stablecoin, according to Bloomberg News.
Tether at a point in time held securities issued by state-owned Chinese companies including Industrial & Commercial Bank of China Ltd....
Binance Is Being Investigated by French Authorities: Bloomberg News
16.6.2023
Binance is under investigation by French authorities for “acts of aggravated money laundering,” an official for the Paris public prosecutor’s office told Bloomberg.
The world’s largest cryptocurrency exchange is also being investigated for the “alleged illegal provision of digital asset services...
Microstrategy’s Saylor Envisions Bitcoin-Only Future for Crypto Industry as US Regulators Hammer the Sector
15.6.2023
According to Microstrategy founder Michael Saylor, regulators perceive no “legitimate path forward” for cryptocurrencies such as stablecoins, crypto securities, and tokens. In an interview with Bloomberg on Tuesday, Saylor emphasized that the entire industry is bound...
European Central Bank Would Need To Set Limits on Use of Digital Euro Under Draft Proposal: Bloomberg
14.6.2023
The European Union’s executive branch will unveil plans for a digital euro that would require the European Central Bank to set limits on its use, according to a report from Bloomberg News.
The ECB would have to decide on the instruments needed to ensure financial stability, according to a draft...
Binance.US Adds to Its Legal Defense in Wake of SEC Lawsuit: Bloomberg News
12.6.2023
Binance.US has bulked up its legal expertise and added four lawyers to fight recent charges from the US Securities and Exchange Commission.
One of those lawyers includes former co-director of the SEC’s enforcement division, George Canellos, according to Bloomberg News.
Canellos was also...
Former SEC Chairman Jay Clayton on Enforcement Actions: Crypto Should Be Treated With ‘Nuance’
11.6.2023
Jay Clayton, former U.S. Securities and Exchange Commission (SEC) chairman, gave his opinion about how the organization approaches enforcement in the crypto space. In a Bloomberg Invest panel, Clayton stated that while he supports the agency and the law, the crypto regulation issue should...
U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
8.6.2023
Two senate democrats, including Sen. Elizabeth Warren, allege in a letter that the platform may have lied about Binance.US being an independent entity
SEC lawsuits squeeze net worths of Coinbase and Binance CEOs
7.6.2023
Brian Armstrong and CZ have seen respective net worth losses of 11.8% and 5.1% since the SEC sued Coinbase and Binance
JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg
5.6.2023
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week