Philippines Plans Non-Blockchain Wholesale CBDC Within 2 Years
Philippines to launch wholesale CBDC in 2 years, prioritizing banking mediation over blockchain, in line with theirs' central bank's strategy.
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Tag: Banks
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Former Bank CEO Charged in $47m Crypto Embezzlement Case
Ex-CEO Shane Hanes was indicted for $47.1 million into crypto investments. Massive financial misappropriation from local bank and church funds ...
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EU Regulators to Scrutinize Banks’ Crypto Links: A Comprehensive Investigation
EU regulators are investigating the ties between traditional banks and cryptocurrencies, aiming to enhance financial stability and transparency.
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Hong Kong’s ZA Bank Dives into Crypto Trading for Retail Traders
ZA Bank, a leader in Hong Kong's digital banking, is set to offer crypto trading with fiat for retail customers, ...
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European Regulator Pushes for Crypto Provider Compliance: Aiming for Protocol Interoperability and Wallet Security
EBA proposes updates to AML/CFT rules for cryptocurrency providers, emphasizing protocol interoperability and self-hosted wallet information.
Read moreCrypto ETF Trading Launches for UBS Clients in Hong Kong
UBS Group AG rolls out crypto ETF trading in Hong Kong, offering Bitcoin and Ethereum futures ETFs in a major ...
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Estonian Bank Magnate’s Crypto Conundrum: $470M in Ethereum Locked Away
Rain Lõhmus has lost access to his Ethereum wallet containing 250,000 ETH worth $470M. He offers a reward for the ...
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DZ Bank Spearheads Crypto Custody Service for Institutional Clients
Germany's DZ Bank AG takes a step into the digital future by launching a custody platform for digital assets, catering ...
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Bank of Spain Champions the Advent of the ‘Digital Euro’ and Its Array of Benefits
The Bank of Spain endorses the digital euro, paving the way for a redefined financial system, enhanced privacy, and a ...
Read moreCentral Bank of Nigeria: eNaira no threat to financial stability
The CBN clarifies that its eNaira project, among the world's pioneer CBDCs, poses no threat to Nigeria's financial stability, despite ...
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Spot Bitcoin and Ethereum ETFs Draw $20B Since April, Outpacing All Other ETF Categories
Spot Bitcoin and Ethereum ETFs saw $20B in inflows since April, outperforming gold, commodities, and thematic funds amid investor risk...
Ethereum’s ‘Trustware’ Vision Could Propel ETH to $15.8K by 2028 Consensys
Consensys sees Ethereum evolving into global trustware, predicting ETH could reach $15.8K by 2028 as demand for secure onchain value...
US Justice Department and CFTC Close Polymarket Investigations
US regulators have reportedly ended their investigations into Polymarket, clearing a path for the betting platform’s upcoming $200M funding round.
China Considers Yuan-Pegged Stablecoins: State-Owned Firms Ordered to Study Feasibility
China instructs state-owned firms to explore yuan-pegged stablecoins, hinting at a softening stance as global stablecoin adoption rises.
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