BlackRock Files for Ethereum ETF in Move to Bring Crypto to Mainstream
Key Insights BlackRock files with SEC for a spot Ethereum ETF called iShares Ethereum Trust ETF aims to track Ethereum…
Commerzbank AG Secures First Crypto Custody License in Germany
Key Insights Commerzbank AG has successfully secured a crypto custody license from Germany’s regulatory body, BaFin. This license allows the…
Central Banks Embracing CBDCs But Digital Dollar Seen Far Off, Says BofA
Key Inflation Majority of central banks globally are exploring issuing CBDCs according to BofA report. However, analysts believe a US…
IMF Chief Sees CBDC Replacing Cash But Adoption Will Take Time
Key Insights IMF Managing Director says CBDCs can eventually replace cash. But widespread CBDC adoption globally will take time despite…
HSBC Makes Big Bet on Digital Assets, Announces Crypto Custody Service
Key Insights HSBC is launching a cryptocurrency custody service for institutional investors in 2024 through a partnership with digital asset…
UK Regulators Unveil Plans to Regulate Crypto and Stablecoin Sectors
Key Insights The BOE and the FCA have revealed their roles in regulating the cryptocurrency and stablecoin sectors in the…
XRP Surges 11% to Become Top-Performing Cryptocurrency
Key Insights XRP has surged over 11% in the past 24 hours, outperforming major cryptocurrencies like Bitcoin and Ethereum. Trading…
SEC Issues Subpoena to PayPal Over PYUSD Stablecoin
Key Insights The U.S. SEC has issued a subpoena to PayPal, focusing on its U.S. dollar-pegged stablecoin, PYUSD. PayPal launched…
Bitcoin Price Poised for Lift Off Once $36K Threshold Crossed
Key Insights Bitcoin’s price surge may be imminent if it breaks the $36,000 threshold, according to options market activity analysis.…
UK Finalizes Crypto Regulation Plan Starting with Stablecoins
Key Insights The UK government has finalized its crypto regulation roadmap, starting with rules for fiat-backed stablecoins in early 2023.…