JPMorgan is planning to let clients borrow money using crypto like bitcoin and ether as collateral. This comes as rules around digital assets in the US become clearer and demand from wealthy clients grows.
AnaisThe SEC Chairman said Ethereum is not considered a security, which has encouraged companies to increase their Ethereum holdings. This clear regulatory view has helped boost Ethereum’s price and sparked more interest from investors and firms.
AnaisChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.
WeatherlyVitalik Buterin urged developers to simplify Ethereum Layer 2 networks by using Ethereum’s base layer for security and consensus. He said projects should stop rebuilding features Ethereum already provides and focus only on processing and verifying transactions.
WeatherlyStandard Chartered has started offering bitcoin and ether spot trading directly to institutional clients through its UK branch. This makes it the first major global bank to provide regulated crypto trading using existing foreign exchange systems.
WeatherlyBank of America has launched a new research series called On Chain to explore blockchain, stablecoins, and tokenised assets. The bank sees Ethereum and companies like Stripe as key to the future of digital finance and payment systems.
WeatherlySBI Holdings and Aplus now let Japanese credit card users swap loyalty points for Bitcoin, Ethereum, or XRP. This is the first time crypto has been added as a reward option, though the exchange amount is small and capped.
WeatherlyA scammer located in Nigeria has allegedly impersonated Steve Witkoff, the co-chair of the Trump-Vance Inaugural Committee, by making use of a barely noticeable type.
XingChiThe founder of WhiteRock Finance was arrested in the UAE over his suspected role in a $30 million scam linked to the failed crypto project ZKasino. The news caused WhiteRock’s token to crash, as investigators revealed forged partnerships and missing investor funds.
WeatherlyNorth Korea-linked hackers stole $3.2 million in crypto from Solana wallets and moved the funds to Ethereum. They laundered nearly $2 million using Tornado Cash, with over $1 million still sitting in an Ethereum wallet.
AnaisThe recent flurry of updates and amendments signifies the active and evolving nature of the spot Bitcoin ETF application process. While addressing prior concerns, these filings highlight crucial details, paving the way for potential regulatory approvals and shedding light on the intricacies of ETF structures.
Huang BoThe SEC sets a Dec. 29 deadline for Bitcoin ETF applicants, with first approvals expected in early January.
BrianSEC sets December 29 deadline for Bitcoin ETF proposals, with a decision expected on January 10, 2024.
BrianIn a move to regulate the fast-growing crypto industry, South Africa's financial regulator, the Financial Sector Conduct Authority (FSCA), has ...
BitcoinistThe Bank of England has extended its central bank digital currency (CBDC) consultation deadline. It was due to end on...
LedgerinsightsThe bank is also being investigated for potential ties to FTX
BeincryptoCelsius will file a petition requesting an extension of the deadline for users to submit their claims in the ongoing bankruptcy proceedings by another month.“
decryptMore than 3,000 registered users and upgraded 200 BTC Prize Pool Singapore, 19 May, 2022 – Leading global derivatives exchange, ...
BitcoinistTwo ETF issuers filed two new and innovative applications for an inverse fund and a leveraged fund.
CointelegraphAs of March 25, there are 12 firms permitted to “carry out crypto asset activities” under FCA temporary registration status, including CEX.IO, Revolut and Copper.
Cointelegraph