Cryptocurrency is increasingly shifting the focus from issuing new digital assets to creating markets where there was previously no constant price. Blockchain infrastructure enables trading not only in tokens, but also in expectations around news, commodities, private company valuations, and other events that previously remained outside of continuous market measurement. In its early stage, the…
VTB cryptocurrency for business has tested for the first time transactions with digital currency for corporate clients: the bank’s broker completed operations with stablecoins, and settlements were carried out through VTB’s digital depository. The pilot transaction took place on October 6. On the same day, the Bank of Russia included VTB in the first registries…
Dogecoin has gone from a joke by two developers to one of the most recognizable cryptocurrencies: DOGE has a market capitalization exceeding $14 billion, and a community of millions of users has formed around the project worldwide. If Bitcoin is often called “digital gold” and Litecoin “digital silver,” then Dogecoin has taken a different niche…
The U.S. Treasury Department has abandoned a long-standing proposal that would have required banks and crypto companies to provide regulators with expanded information about cryptocurrencies sent to private wallets if the transfer amount exceeded $10,000. FinCEN, the Financial Crimes Enforcement Network of the U.S. Treasury Department, on Sunday withdrew two proposed rules related to digital…
Scenarios for the crypto market by the end of 2026 now depend on three key factors: Fed policy, the situation around the Strait of Hormuz, and the sustainability of ETF inflows. By the end of September, Bitcoin confirmed the reversal that began in August, but the market is still between recovery and a full-fledged bullish…
The transparency act, which the crypto industry had awaited as a foundation for long-term rules in the US, did not pass a key vote in the Senate. However, participants in the mergers and acquisitions market do not believe this will automatically halt deals: in their view, activity is more likely to become more selective. For…
Stablecoins, central bank digital currencies, and tokenized payment instruments could significantly reduce bank revenues if they do not start developing their own blockchain-based settlement solutions. According to Capgemini, up to $230 billion in banking revenue could be at risk. Blockchain Payments Will Take a Share of the Global Market These findings are contained in the…
CFTC crypto rules are intended to create a clearer regime in the US for cryptocurrency transactions involving leverage, margin, or financing: the US Commodity Futures Trading Commission is proposing two related sets of rules that will affect both the transactions themselves and the platforms serving such activity. The CFTC initiative was a response to the…
Cryptocurrency has already passed the stage where the main proof of progress was simply the existence of working products on the blockchain. Now the industry needs to achieve something else: to ensure that clients actually use these solutions, return to them, and move part of their everyday financial activity there. Main Points Crypto companies are…
According to Peter Schiff, Strategy lost the opportunity to buy bitcoin through its previous funding channel, even though its preferred Stretch (STRC) shares have almost returned to their $100 par value. The company, formerly MicroStrategy, financed its latest BTC purchases by issuing common stock. Schiff stated that Strategy managed to bring STRC quotes almost back…
cryptocurrencies in Hamas fundraising network became one of the elements of the scheme through which, according to the US Department of the Treasury, more than $2 million was raised for Hamas under the guise of humanitarian donations, including hundreds of thousands of dollars transferred in cryptocurrency. Key Facts The US Department of the Treasury imposed…
Payward integrates Singapore Gulf Bank into its financial infrastructure so that institutional clients can make settlements for permitted digital asset transactions 24/7 and fund trading accounts outside of regular banking hours. What Payward and Singapore Gulf Bank Are Launching The financial infrastructure operator of the Kraken exchange has connected the real-time clearing network SGB Net…
