ECB’s Schnabel Says Central Banks Must Go On-Chain as Pontes Nears September Launch
At Jackson Hole on August 28, ECB Executive Board member Isabel Schnabel delivered one of the most direct central-bank statements…
Hong Kong’s SFC has added SBCFX and related Star Bridge Capital entities to its unlicensed alert list
Hong Kong’s securities watchdog has declared broker SBCFX and many of its affiliated entities unlicensed, shortly after a collapse in…
Tokenized assets are busier than the data shows
Depending on who you ask, the share of tokenized real-world assets actually being used in DeFi is under 1%, or…
Stablecoins not credible for payments at scale, BIS chief says
The Bank for International Settlements is renewing its criticism of stablecoins, questioning their credibility as everyday money as governments worldwide…
US Secures 65 Billion Barrels of Venezuelan Oil: Could This Be Bullish for Bitcoin?
The United States has secured majority control of more than 65 billion barrels of Venezuela’s oil reserves, which could reshape…
Crypto VC funding: RQD* raises $74M, Fasset gets $68M
Crypto and blockchain companies disclosed $184.1 million across eight funding rounds between Aug. 22 and Aug. 28, led by RQD*…
Crypto ETFs appeared to hit $10B in hours, but filing data exposes where that money really came from
US spot Ethereum ETFs appeared to begin trading with $10.36 billion already inside them, an opening balance large enough to…
Indian Banks’ Bad Loans Hit a Record Low: What It Means for Credit, Markets and Crypto Investors
India’s banking sector is reportedly entering a new phase after years of high bad loans. Bad loans have fallen sharply,…
Tokenized deposits could drain $580 billion from U.S. bank lending and nobody in crypto is talking about it
A research paper published this week quantifies what happens when bank deposits move at blockchain speed. The number is large…