IMF Working on Platform to Support CBDC Cross-Border Interoperability
The International Monetary Fund (IMF) is working to develop a platform that would serve as an interoperability layer for central bank digital currencies (CBDCs), allowing for settlements among different countries.…
FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor
The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.”
Binance CEO CZ Applauds Crypto Exchange Backed By Citadel, Fidelity
In a recent development, Binance CEO CZ expressed his support for a new cryptocurrency exchange called EDX, which boasts backing from prominent financial institutions including Citadel Securities, Fidelity Investments, and…
Deutsche Bank Applies for Crypto Custody License
Deutsche Bank AG, Germany’s biggest bank, is seeking to expand its services related to digital assets such as cryptocurrencies.
Binance.US Market Share Falling Seriously Due To SEC Intervention
Key Points: As the Securities and Exchange Commission approaches, Binance.US’s market share among alternatives in the United States has shrunk to nearly nothing. On Tuesday, crypto data firm Kaiko published…
Crypto Lobbyists Ask SEC for Info on Prometheum
Blockchain Association has filed a Freedom of Information Act request with the U.S. Securities and Exchange Commission (SEC), seeking records relevant to crypto broker Prometheum. This comes after Prometheum co-CEO…
FTX Past Was No Obstacle to Joining Menlo Ventures: Amy Wu
Amy Wu, who most recently led FTX Ventures until the crypto exchange’s collapse late last year, is now joining Menlo Ventures, one of Silicon Valley’s oldest venture firms, as a…
Breaking: WisdomTree Files for Bitcoin ETF, Following Blackrock’s Lead
Just days after Blackrock made headlines with its ETF application, WisdomTree Investments, a prominent asset manager in the United States, entered the race as well. The company recently filed an…
Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application.
MAS Proposes A Revolutionary Protocol For Cryptocurrencies Transfers
The Monetary Authority of Singapore (MAS) has released a whitepaper proposing a common protocol for the use of cryptocurrencies, such as tokenized bank deposits, stablecoins, and central bank digital currencies…
