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Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.The conversations have so far involved companies co-owned by JPMorgan Chase , Bank of America , Citigroup , Wells Fargo and other large commercial banks, the rep…
The Bank of Italy identified Bitcoin and other digital assets as emerging risk factors in a recent report, citing concerns for both investors and the financial system.In its April 2025 Financial Stability Report, the Bank of Italy flags crypto volatility and rising integration with the broader econo…
The Bank of Korea said it will "actively participate" in the country's efforts to build a regulatory framework for stablecoins in order to mitigate potential monetary and financial risks."Unlike general virtual assets, stablecoins inherently possess characteristics of a payment measure," the BOK sai…
By Gina Heeb and Vicky Ge HuangCrypto is pushing deeper into the banking system.A regulatory crackdown on crypto in the wake of the meltdown of FTX and two crypto-friendly banks prompted some in traditional finance to break up with the industry two years ago. Now President Trump's pledge to make Ame…
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Lorenzo Protocol (BANK) being listed on LBank is strategically significant, possibly affecting its price positively. Listings often increase visibility and accessibility, potentially leading to higher demand. LBank being a prominent exchange, this could enhance trade volumes for BANK. As a modular B…
The Bank of Korea (BOK) stated Sunday that it has not considered the possibility of incorporating bitcoin into its foreign exchange reserve, in an answer to a written query from a member of the National Assembly's Strategy and Finance Committee.The BOK cited bitcoin's high volatility as a primary re…
Russia's central bank has proposed regulating certain cryptocurrency investments for wealthy individuals, it said on Wednesday, outlining plans for "specially qualified" investors to trade crypto assets. The bank has gradually softened its strong opposition to cryptocurrencies, backing a law last ye…
According to central bank governor Elvira Nabiullina, the Bank of Russia is delaying the release of the digital ruble, which was scheduled for this summer but will be delayed until an undetermined future date.“We continue to receive questions about delays in the widespread introduction of the digita…
The US government has done “nothing” to address crypto debanking issues since US President Donald Trump returned to the White House, according to Custodia Bank’s CEO Caitlin Long.Speaking on stage at ETHDenver on Feb. 28, Long said while the “perception is that there has been a loosening, none of th…
The Finance Ministry of Pakistan is considering forming a “National Crypto Council” to explore the legalization of cryptocurrencies in the country, according to a report from local publication Dawn. The change in position came after Finance Minister Muhammad Aurangzeb had a meeting on digital assets…
The dollar jumped on Thursday and was poised for its biggest daily percentage gain in more than two months as U.S. President 's latest tariff comments overshadowed signs of slower economic growth.The greenback initially pared gains after data showed weekly initial jobless claims rose by 22,000 t…