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Wall Street giant Citigroup is weighing plans to offer cryptocurrency custody and payment services, aiming to capitalize on a market bolstered by Trump-era regulatory approvals and pro-industry legislation.Biswarup Chatterjee, a Citigroup executive, told Reuters that the bankās initial focus would lā¦
The US Treasury Department has re-designated Moscow-based cryptocurrency exchange Garantex and sanctioned its successor, Grinex, along with three executives and six associated companies in Russia and the Kyrgyz Republic. Officials say Garantex processed more than $100 million in illicit transactionsā¦
Boliviaās top bank called crypto a āviable and reliable alternativeā to fiat currencies while signing a memorandum of understanding with El Salvador to accelerate crypto adoption.The agreement, which will see the two countries collaborate on policy development and share crypto intelligence tools, aiā¦
Coinbase said Wednesday it is partnering with JPMorgan Chase to make it easier for the bankās more than 80 million customers to access crypto, including the ability to fund Coinbase accounts with Chase credit cards starting this fall, redeem Chase Ultimate Rewards points for Circle's stablecoin USDCā¦
By Mark CopelovitchAbout the author: Mark Copelovitch is a professor of political science and public affairs and director of the Center for European Studies at the University of Wisconsin-Madison. He is the co-author of Banks on the Bank: Global Capital, Securities Markets, and the Political Roots oā¦
PNC Financial Services-owned PNC Bank said Tuesday that it is partnering with Coinbase to expand access to digital asset services to PNC's banking clients and institutional investors. PNC said it will also provide select banking services to Coinbase. PNC and Coinbase will work together to develop aā¦
Russia's largest lender Sberbank wants to offer custody services for Russian cryptocurrency assets, the state-owned bank said on Thursday, seeking a leading role in Russia's development of digital assets. Russia's central bank has softened its opposition to cryptocurrencies, backing a law last ā¦
Russiaās lower house of parliament has approved a bill that sets Sept.āÆ1,āÆ2026, as the launch date for the digital ruble, even as a new poll shows most Russians are reluctant to use the central bank digital currency.Central Bank Digital Currencies, or CBDCs, are digital forms of a country's fiat curā¦
In Malaysia, buying and owning crypto is legal, but it is not considered legal tender by the federal government. The country does not recognize cryptocurrency as a payment instrument, but rather as a security under the Prescription Order 2019.Ā Currently, the Securities Commission Malaysia (SC) is acā¦
The Reserve Bank of Australia (RBA) announced on Thursday a significant step forward in developing a wholesale central bank digital currency (CBDC), launching āProject Acaciaā in collaboration with industry partners. The initiative will test 19 pilot programs using real money and assets for the firsā¦
Vincent Van Code, a software engineer and long-time XRP advocate, ignited fresh debate across the crypto community by outlining what he believes to be the transformative implications of Rippleās bid for a US banking charter and a Federal Reserve master account. The developments, which Ripple confirmā¦
AMINA, a Swiss bank, has become the worldās first globally operating bank to offer Rippleās RLUSD. It began hosting trading and custody services immediately upon the announcement.Ripple is integrating RLUSD with TradFi across the board, applying for its own bank license earlier this week. If it receā¦