An appeals court has ruled on Friday that digital asset bank Custodia is not entitled to a Federal Reserve master account.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Lower interest rates typically make traditional investments less attractive, and investors seek higher returns through assets like crypto.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto-supportive Federal Reserve Vice Chair for Supervision Michelle Bowman is one of five candidates to lead the central bank.
Bitcoin investment products bounced back to add $931 million, while Ethereum funds slipped to $169 million in net outflows.
The country is also planning to create a national cryptocurrency reserve that will include BNB tokens, CZ said on X.
Reform has one of the most positive stances toward crypto in the UK, though the next general election is not due until 2029.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The crypto exchange's UK market, now including neobank challenger app Krak, remains its second-largest outside the U.S.
A new law regulating stablecoins is a meaningful improvement, but has some gaps that need to be filled, said Fed Governor Barr.
K33's Head of Research expects patience to be rewarded, with past deleveraging events often marking market bottoms.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The BOE's earlier proposals included stablecoin caps of up to £20,000 ($26,832) for individuals and £10 million for businesses.
Goyal also reiterated the government’s discouragement of cryptocurrencies, saying that they remain subject to heavy taxation.
The flows were driven by a delayed response to the U.S. interest rate cut, CoinShares Head of Research James Butterfill said.
Coinbase joined the roster in its pursuit of a national charter on Friday, following other firms that have done the same recently.
Beijing is said to be courting foreign central banks to store bullion in Shanghai vaults as gold hovers near record highs and demand strengthens.
Six major UK banks have begun a live pilot of tokenized sterling deposits, an industry effort led by UK Finance and backed by Quant, EY and Linklaters.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As investors look for alternatives to traditional assets, bitcoin could evolve from a speculative bet into a legitimate pillar of the global financial system, the bank said.
Although investors initially reacted cautiously to the "hawkish cut," inflows resumed later in the week, CoinShares' James Butterfill said.
Bank processors and exchanges are among the fintech firms best positioned to benefit from rate cuts, according to Mizuho.
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Pantera Capital founder Dan Morehead revealed that the firm's $1.1 billion in Solana is the largest crypto position on its books.
The US Senate voted on Monday to confirm cryptocurrency-friendly Stephen Miran to serve on the Federal Reserve Board of Governors.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Weaker-than-expected U.S. data helped sentiment recover amid the increased likelihood of rate cuts, Head of Research James Butterfill noted.