Tag: Financial Services
Boost Financial Inclusion and Payment Efficiency in the Middle East with CBDCs
The International Monetary Fund (IMF) recently conducted a survey in the Middle East and Central Asia region regarding Central Bank Digital Currencies (CBDCs) and...
Standard Chartered Launches Spot BTC and ETH Trading Desk
Standard Chartered, a well-known global bank, is making a bold move by launching a spot trading desk for Bitcoin and Ethereum. This initiative will...
Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags Behind
Tokenized RWAs: McKinsey Forecasts $2 Trillion by 2030, Adoption Lags BehindAccording to a recent report by global consulting firm McKinsey & Company, the adoption...
Fireblocks Enhances Crypto Custody Services with ‘One-Click’ Audits and Tax Reporting
Fireblocks, a cryptocurrency custody firm, has announced a new partnership with Tres, a startup specializing in accounting, auditing, and tax reporting for digital assets....
X CEO Announces Payment Feature Launch as Platform Nears ‘Everything App’ Status
X CEO Linda Yaccarino recently announced that the social media platform is gearing up to launch a payment feature, marking another step towards its...
Fidelity’s FBTC Leads Spot Bitcoin ETFs with $226M Outflows
The US spot Bitcoin exchange-traded fund (ETF) market saw more outflows on June 13, with Fidelity Investments’ FBTC leading the way with $106 million...
White House Nominates CFTC Commissioners for FDIC, Treasury Roles
The White House is expected to nominate U.S. Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation (FDIC)...
Swiss Regulator Closes Crypto-Linked FlowBank; Bankruptcy Initiated
FlowBank, a Swiss online bank known for its crypto ties, has been closed down by the Swiss Financial Market Supervisory Authority (FINMA) due to...
EU MiCA Regulations: Final Draft Technical Standards Revealed
The European Banking Authority (EBA) recently released the final draft technical standards on prudential matters for firms to comply with under the Markets in...
Hashnote’s Tokenized Treasury Surpasses BlackRock’s BUIDL in DeFi Surge
Hashnote's Tokenized Treasury Overtakes BlackRock's BUIDL in DeFi BoomIn a groundbreaking development in the world of decentralized finance (DeFi), Hashnote's tokenized treasury, represented by...
