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Russian Central Bank Says CBDC Will Wipe Out Need for Crypto


The Russian Central Bank has been banging the drum again on what has become its favorite subject – regulating crypto, and has apparently responded to criticism of its plans to issue a digital ruble by claiming a central bank-issued token could eliminate out the need for people to use crypto. In...

Fidelity Investments’ Digital Asset Custody Services Arm Expands to Asia


Fidelity Digital Asset Services has revealed the company is expanding into Asia and plans to help high-net-worth investors and family offices in the region with custodial crypto products. Fidelity is working with the Singaporean startup Stack Funds, a fully-insured custody operation servicing...

KPMG Expands Crypto Management Suite to Boost Institutional Adoption


KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG...

Asian Banks Prepare Crypto Takeoff as Thailand’s SCB Revs DeFi Engines


Siam Commercial Bank (SCB), one of Thailand’s biggest commercial banks, is set to invest in a local DeFi player through a subsidiary – in a week when banks all over Asia have shaped up to make major moves in the crypto scene. Per an official announcement from the Thai “ecosystem of cross-chain DeFi...

Fidelity Digital Assets Expands Crypto Custody Service to Asia


The cryptocurrency-focused arm of financial services giant Fidelity Investments is teaming up with Singapore-based Stack Funds to cater to the growing demand for cryptocurrencies in Asia. A new partnership will bring Stack’s regional clients access to the secure custody services provided...

Crypto Exchange FTX Brings Tesla, Apple, and Amazon On Board


Source: Adobe/Игорь Головнёв Today, popular crypto derivatives exchange FTX launches trading of more than a dozen equity and crypto pairs, featuring top stocks such as Apple, Tesla, Amazon, Facebook, Netflix, and Google. The new "fractional stocks offering" is brought in partnership with...

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