The State Bank of Pakistan ended a 2018 ban, allowing regulated entities to open accounts for licensed virtual asset service providers.
Federal Reserve chair nominee Kevin Warsh is set to have a confirmation hearing next week, according to multiple news reports.
TD Cowen said the path for the crypto bill could become even tougher following the recent White House report on stablecoins.
Michael Barr called for for regulatory and technological measures that ensure stablecoins will not be used for illicit activities.
ECB research finds large percentages of DeFi governance tokens are tied to exchanges and protocol-linked wallets.
Head of Research Vetle Lunde said subdued derivatives activity and limited inflows point to a cautious market, but one forming a bottom.
Ripple said it plans to deploy Unloq's platform to automate payment releases when predefined conditions are met.
Assistant Governor Brad Jones said stablecoins and deposit tokens could play complementary roles as the RBA shifts to a 'how' approach.
Crypto funds posted $230M inflows for the week ended March 21 after FOMC ‘hawkish pause’ triggered $405M outflows.
The sell-off extended beyond crypto as investors reassessed the macro outlook following the Fed’s latest guidance.
The decision arrives days after the Kansas City Fed granted Kraken the first-ever crypto master account, a landmark for the crypto industry.
Seven major central banks, including the Federal Reserve, will issue rate decisions next week just as war-driven oil price spikes raise fresh concerns about global inflation.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Russia's central bank proposed allowing banks to obtain crypto exchange licenses based on their existing banking licenses, Interfax reported.
Project Samara was a limited experiment into issuing a single three-month $100 million Canadian dollar-denominated bond security.
Banks are expected to object and potentially pursue litigation, but TD Cowen argues they lack the power to stop such approvals.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
FATF flagged AML risks from peer-to-peer stablecoin transfers, pointing to freeze and deny-list controls as potential safeguards.
Bank of Japan Governor Kazuo Ueda said a sandbox is underway to test whether central bank money can operate in blockchain-based systems.
The Fed has opened a comment period on removing "reputation risk" from bank supervision, aiming to address debanking concerns.
21shares said “a negative ruling on tariffs could potentially hurt Treasuries and the dollar, while favoring stocks and crypto.”
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Malaysia's central bank plans three initiatives involving stablecoins and tokenized deposits for wholesale payment use cases.
Fed. Governor Christopher Waller said the central bank plans to roll out its "skinny master account" proposal before the end of the year.
Nearly 30 letters were filed in response to the Fed's proposed "skinny master account" that would give certain institutions limited access.
Beijing has broadened its crypto ban to include RWA tokenization and unapproved offshore yuan-linked stablecoin issuance.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Treasury Secretary Scott Bessent came under intense scrutiny from lawmakers during a contentious House hearing Wednesday.
Hougan said institutional ETF and digital asset treasury flows masked the severity of losses across much of the crypto market last year.
The firm argues institutional flows, U.S. policy, and sovereign-asset considerations could set the stage for the 'most consequential' cycle.