JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the spot BTC exchange-traded funds launched in January. The two lenders filed their... Read more »
The chairman of the Swiss National Bank (SNB) reportedly isn’t convinced it’s in his institution’s best interest to hold Bitcoin (BTC) as a reserve currency. While speaking at the central bank’s annual... Read more »
Bitcoin (BTC) shrugged off United States inflation signals on April 5 amid fresh excitement over future institutional investment. BTC/USD 1-hour chart. Source: TradingView Bitcoin shrugs off ebbing odds of Fed rate cut... Read more »
Binance.US was dealt a “near-mortal blow” after a June lawsuit from the United States Securities and Exchange Commission, forcing it to terminate over 200 staff as revenues “imploded,” according to an executive... Read more »
Kbank emerges as largest beneficiary of latest coin rally By Anna J. Park Amid the recent rally in the cryptocurrency market, banks are exhibiting various levels of performance depending on whether they... Read more »
The House Financial Services Committee (HSFC) has voted in favor of a resolution that seeks to overturn a United States Securities and Exchange Commission guideline that has prevented banks from getting in... Read more »
Since 2020, the supply of Bitcoin (BTC) on exchanges has fallen by up to 25%. This decline is likely to increase further due to the entry of major institutions like BlackRock and... Read more »
Honduras Financial Regulator Restricts Banks From Dealing in Crypto The Honduran financial system has slammed the brakes on cryptocurrencies, with the National Banking and Securities Commission (CNBS) prohibiting institutions under its supervision... Read more »
Honduras’ National Banking and Securities Commission (CNBS) has issued a resolution banning the country’s financial institutions from handling crypto. The Honduran central bank is unable to guarantee crypto transactions because they are... Read more »
Why is financial institutions adoption crypto and blockchain increasing? Key Takeaways The rise of crypto and blockchain technology forces traditional financial institutions to adapt or risk being left behind. Banks and other... Read more »