JPMorgan Chase & Co. has made a significant investment in Bitcoin exchange-traded funds (ETFs), surpassing the $1.7 billion mark, according to ChainCatcher and Crypto Rover. This move highlights […]
Ripple Secures Over 1,700 NDAs from Institutions – Signalling Major Growth
Crypto influencer Amelie (@_Crypto_Barbie) highlighted a significant development in Ripple’s integration with the global financial system. Analysis of legal filings during the SEC case against Ripple reveals that […]
Bank of America Faces Allegations of Reimbursement Denial, Raising Concerns about Consumer Trust
Allegations are mounting that Bank of America is failing to reimburse customers for missing funds. A customer reports a significant sum of $38,000 disappearing from their account, yet […]
U.S. Banks Gain Flexibility to Explore Bitcoin Services
The U.S. banking sector is now empowered to engage in crypto-related activities without pre-approval from their regulatory point of contact at the Federal Reserve, as the Fed has […]
Coinbase Exec: Sovereign Wealth Funds Stockpile Bitcoin for Long-Term Hold
John D’Agostino, Head of Strategy at Coinbase Institutional, spoke about institutional investors’ growing interest in Bitcoin during a recent appearance on CNBC’s ‘Squawk Box’. He discussed the decoupling […]
Global Banking Giants Explore Stablecoins: New Initiatives Emerge
Major financial institutions are increasingly embracing cryptocurrency, with several banks taking concrete steps to launch their own stablecoin projects. Driven by the immense opportunities presented by this burgeoning […]
Coinbase Explains Why XRP Appeals to Financial Institutions
In a recent filing with the U.S. Commodity Futures Trading Commission (CFTC), Coinbase highlights XRP’s utility in financial transactions and its attraction to institutional investors. The exchange is […]
TD Bank Pays $3.1B to Settle Money Laundering Case
Toronto-Dominion Bank has agreed to a $3.1 billion settlement with U.S. regulators over significant shortcomings in its anti-money laundering compliance program. This landmark agreement marks the bank’s largest […]
Coinbase Endorses XRP for Financial Institutions Due to ODL Capabilities
America’s leading crypto exchange, Coinbase, has taken a strong stance in favor of XRP, emphasizing its unique On-Demand Liquidity (ODL) features. This growing adoption of XRP by financial […]
Sumitomo Mitsui Financial Group Launches Stablecoin in Collaboration with Ava Labs and Fireblocks
Japan’s second largest bank, Sumitomo Mitsui Financial Group (SMBC), is taking a significant leap into the cryptocurrency sector. According to recent news from Nikkei, SMBC will soon launch […]