JPMorgan has placed Bitcoin’s (BTC) fair price at $38,000, which is 28% higher than its current level of around $29,500, according to a note the bank issued to clients on
Category: banks
Indian government’s ‘blockchain not crypto’ stance highlights lack of understandingIndian government’s ‘blockchain not crypto’ stance highlights lack of understanding
Indian crypto businesses are struggling with the new tax policies as trading volumes have dried up and many established crypto firms are looking to relocate to more crypto-friendly jurisdictions. While
‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance
Currently, trialogue for the Markets in Crypto Assets (MiCA) and Transfer of Funds (TFR) regulations is underway in the European Commission, the European Parliament and the Council of Ministers, which
Global private bank LGT to open Bitcoin and Ether tradingGlobal private bank LGT to open Bitcoin and Ether trading
LGT Group, a top family-owned private banking and asset management group, is moving into cryptocurrency by launching Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein. Managing over
Crypto Bahamas: Regulations enter critical stage as gov’t shows interestCrypto Bahamas: Regulations enter critical stage as gov’t shows interest
The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The SkyBridge Alternatives Conference (SALT) was
OCC issues order against Anchorage Digital over AML complianceOCC issues order against Anchorage Digital over AML compliance
The United States Office of the Comptroller of the Currency, or OCC, has said it intends to pursue cease and desist proceedings against cryptocurrency custody bank Anchorage Digital for violating
Australian prudential regulator releases roadmap for cryptocurrency policyAustralian prudential regulator releases roadmap for cryptocurrency policy
The Australian Prudential Regulation Authority, or APRA, published a letter to regulated entities Thursday setting out risk management expectations and a policy roadmap for the regulation of crypto-assets through 2025.
Russian bankers reportedly want to outlaw noncustodial crypto walletsRussian bankers reportedly want to outlaw noncustodial crypto wallets
A major Russian banking association wants to criminalize keeping your own cryptocurrency keys. The Association of Banks of Russia, an organization including more than 300 Russian banks and financial institutions,
‘I’ve never paid with crypto before’: How digital assets make a difference amid a war‘I’ve never paid with crypto before’: How digital assets make a difference amid a war
The ongoing conflict in Ukraine has become a stress test for crypto in many tangible ways. Digital assets have emerged as an effective means of directly supporting humanitarian efforts, and
The FDIC wants US banks to report on current and intended crypto-related activitiesThe FDIC wants US banks to report on current and intended crypto-related activities
The Federal Deposit Insurance Corporation, the United States government corporation that insures depositors at U.S. commercial and savings banks, issued a financial institution letter Thursday. The letter requests the institutions