Switzerland’s Amina becomes first regulated bank to custody Canton Coin
In recent developments, the FINMA-regulated bank’s institutional clients will get access to trading and holding Canton Coin through a banking platform instead of crypto-native venues. Looking closer, market participants highlight…
Stablecoin industry opposes Bank of England’s unhosted wallet ban
In recent developments, the crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins. Looking closer, market participants…
Credit Bank PLC Partners With Anzens to Pilot USDA Stablecoin in Kenya
In recent developments, kenya’s Credit Bank has partnered with Anzens to pilot the USDA stablecoin, potentially becoming the first licensed commercial bank in an emerging market to directly mint and…
South Korea BOK Governor Prioritizes Digital Won CBDC in First Policy Speech
In recent developments, south Korea’s new Bank of Korea Governor Shin Hyun-song used his April 21 inaugural address to plant a firm stake in the ground: the country’s digital money…
Bank of Korea governor backs CBDCs, deposit tokens in first address
In recent developments, new Bank of Korea governor Shin Hyun-song supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks. Looking closer, market…
Largest Bank of Russia Prepared to Offer Cryptocurrency Trading Services
In recent developments, sberbank is awaiting approval to offer cryptocurrency custody and trading services to its over 110 million customers. The Central Bank of Russia proposed a regulatory draft to…
Singapore Gulf Bank Unveils Stablecoin Mint and Redeem Service for Institutio…
In recent developments, singapore Gulf Bank has launched a stablecoin mint and redeem service, allowing institutional and high-net-worth clients to convert fiat currency to digital assets with 24/7 instant settlement.…
Bank of Korea Pushes Crypto Circuit Breakers to Prevent Sudden Market Breakdowns
In recent developments, south Korea is pushing crypto exchanges to adopt circuit breakers and stronger safeguards after internal control failures exposed vulnerabilities that can trigger sharp market disruptions. The Bank…
Bank of Korea floats crypto ‘circuit breakers’ after Bithumb blunder
In recent developments, bithumb accidentally sent customers 620,000 Bitcoin instead of 620,000 Korean won in February. The Bank of Korea wants lawmakers to make it so it doesn’t happen again.…
EU central bank backs plan for crypto supervision under EU markets watchdog
In recent developments, the European Central Bank has boosted a proposal to take away EU member states’ regulatory oversight of crypto and hand it to the European Union’s market regulator.…
Arbitrum DAO Votes to Unlock $70 Million for Kelp DAO Exploit Relief
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Morning Minute: Coinbase Misses Earnings on Surprise Loss
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