Custodia Bank’s bid to become a member of the Federal Reserve System was rejected by the US Federal Reserve Board. According to the decision announced on Friday, the application submitted by the bank for digital […]
Russia may issue a stable gold-backed coin for use in international settlements, a senior member of the Russian parliament has admitted. The matter was discussed during a recent visit to Iran where officials expressed interest […]
Legislators in the European Union have backed legislation imposing new capital requirements on financial institutions, including strict rules covering crypto-related risks. These banks are about holding digital assets and are expected to come into force […]
The company developing China’s blockchain network wants to create a system for international settlements with stables and state-issued digital currencies. The plan is to establish a platform that will facilitate the use of these two […]
Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the crisis of confidence permeating the entire crypto […]
The finance ministers of the countries in the euro area have reaffirmed their support for efforts to prepare for the possible launch of a digital euro. Meanwhile, the monetary authority of the single currency area […]
Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, Russian press revealed. In order to plot the gold-backed currency, however, the authorities would first have to regulate crypto assets, a […]
The central bank of Georgia plans to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot […]
Bradesco, one of the largest banks in Brazil and the third largest in all of Latin America, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership […]
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks to “provide economic exposure to the […]
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