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UBS Executive Highlights AI’s Impact on Banking


UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees...

EU–US Financial Forum Highlights Cooperation on Crypto Regulation


The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the U.S. Department of the Treasury. During the forum...

Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights


Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal future volatility. Amid Market Fear, Bitcoin...

Analyst highlights three liquidity factors influencing the BTC price


Ki Young Ju, the founder and chief executive officer of CryptoQuant, has highlighted that there are a total of three liquidity factors that are affecting the price of Bitcoin ($BTC). These are stablecoins, fiat currencies, and spot ETFs. BTC is currently down to around $61,000, and there are rising...

BRICS Meeting Highlights Shift to Local Currencies


BRICS Ministers of Foreign Affairs have emphasized using local currencies in trade, reaffirming economic resilience and financial sovereignty. At their meeting on Monday, the Ministers underscored the importance of the enhanced use of local currencies in financial transactions between the BRICS...

Hill highlights the role of tokenization in market efficiency at Hearing


Representative French Hill (AR-02) led the House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion in a crucial meeting on June 5th, titled “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets.”...

Ripple highlights the building blocks of institutional DeFi on XRP Ledger


Ripple has published its vision and roadmap for institutional DeFi on the XRP Ledger. It essentially covers key functionalities, including, but not limited to, value transfer, issuance, credit, and exchange.  Several key innovations within the ecosystem are Automated Market Makers, Decentralized...

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