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South Africa’s central bank has echoed a warning from Standard Chartered, confirming that the rapid rise of stablecoins could destabilize emerging-market (EM) banks.Standard Chartered projects that digital dollars could drain as much as $1 trillion from EM bank deposits over the next three years, as…
Major bank Standard Chartered announced fund manager 21Shares has selected it as its digital asset custodian, potentially moving away from a crypto-native partner.According to a Monday announcement from Standard Chartered shared with Cointelegraph, the bank will provide crypto custody services to 21…
Charles Schwab, Fidelity and other traditional companies based in the United States are hiring for senior crypto positions to seemingly make a push into the industry. The open positions come as regulatory clarity has increased, paving the way for TradFi to enter the space.The open positions indicate…
Independent market technician Dom (@traderview2) has drawn the crypto community’s eye to an unconventional but increasingly watched ratio: XRP priced in West Texas Intermediate crude.The Link Between XRP And USOILIn a two-hour TradingView screenshot posted on 14 May, the analyst shows the XRP/USOIL …
Crypto exchange Coinbase Global (COIN) is set to join the Standard and Poor’s 500 (S&P 500) on May 19, becoming the first and currently only crypto firm to make it into the index. The crypto exchange will replace Discover Financial Services (DFS), which was recently acquired by Capital One Financial…
Jeffy Yu, co-founder of Zerebro, who was believed to have committed suicide during a Pump.fun livestream on May 4, was recently seen at his parents’ home in the Crocker-Amazon neighborhood, The San Francisco Standard revealed .The developer, who was discovered by The Standard on Wednesday, looked sh…
US President Donald Trump’s first month in office has been highly volatile for risk assets, but his administration will likely be a net positive for Bitcoin in the long run, according to Standard Chartered.In a Feb. 27 interview with CNBC, Standard Chartered’s head of digital assets research, Geoffr…
Standard Charted forecast:year-end 2025 price target US$200,0002026 target US300,000Bitcoin to $500,000 before Trump leaves officeCiting:increased investor access the Trump administrationinstitutional inflows into spot bitcoin ETFs diminishing volatility as the U.S. exchange-traded fund (ETF) market…
Zodia Custody, an institutional crypto custody platform co-owned by Standard Chartered, has enabled institutional support for native assets on The Open Network (TON) using its Jetton token standard.Announcing the news on Jan. 29, Zodia said the first asset to go live would be STON, the governance to…
Kenya’s Treasury Cabinet Secretary John Mbadi has said the country is preparing legislation to legalize cryptocurrencies, a shift from the government’s previous warnings against the industry."The emergence and growth of Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs) have given rise…
Kenya is turning the page on its restrictive cryptocurrency policies with plans to legalize virtual assets. The Treasury Cabinet Secretary, John Mbadi, announced the move today (Friday) in what could market a shift in the East African country’s financial landscape. Despite a longstanding ban, crypto…
Standard Chartered, one of the world’s largest banks, is debuting cryptocurrency services in Europe after obtaining a digital asset license in Luxembourg.The bank announced on Jan. 9 that it is establishing a new entity in Luxembourg to act as its European Union regulatory entry point for offering c…