Bank Executive Reinforces Bolivia’s Cryptocurrency Pivot Relevance Amidst D…
In recent developments, alvaro Rosenblüth, treasury and exchange manager at Banco de Crédito de Bolivia, stated that the Central Bank of Bolivia lifted the ban on cryptocurrency operations out of…
European Central Bank Advances Digital Euro Plans With Focus on ATMs and Secu…
In recent developments, the European Central Bank is advancing its digital euro initiative by forming two specialized workstreams, G5 and B1. The ECB is encouraging collaboration with private-sector experts to…
Federal court ends Custodia Bank’s legal bid for a master account
In recent developments, one judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death…
Crypto Meets Private Banking: UBS Weighs New Offering
In recent developments, reports say Swiss banking giant UBS is planning to let a small group of its private bank clients buy and sell major cryptocurrencies. The step would open…
Trump-picked OCC head proceeds with consideration of WLF’s bank charter
In recent developments, the Office of the Comptroller of the Currency said no political or personal financial ties will impact the procedural review of World Liberty Financial’s bank charter application.…
Elliptic Says Iran’s Central Bank Quietly Built a $500M Stablecoin War Chest
In recent developments, elliptic says Iran’s central bank quietly accumulated more than $500 million in dollar-backed stablecoins, using blockchain infrastructure to bypass sanctions and stabilize its collapsing currency. Blockchain Analysis…
Iran‘s central bank acquired $507M in USDt to prop up rial: Elliptic
In recent developments, the Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country. Looking closer,…
Bank of Italy chief says banks, not stablecoins, anchor digital money
In recent developments, the Bank of Italy’s Fabio Panetta said stablecoins can only play a complementary role in the monetary system, arguing that their stability depends on fiat currency pegs.…
South Korea weighs ending one-bank rule for crypto exchanges: Report
In recent developments, south Korea is reportedly reviewing exclusive bank partnerships for crypto exchanges as regulators assess competition and prepare the Digital Asset Basic Act. Looking closer, market participants highlight…
Former Bank of England Analyst Calls to Prepare for a Financial Crisis if Ali…
In recent developments, helen McCaw, a former senior analyst at the UK’s central bank, called Governor Andrew Bailey to prepare for a possible contingency created by the confirmation of alien…
