Crypto winter over? Retail exchange balances still down 30% Crypto winter may be ending for banks, but retail exchange balances remain about 30% below their peak,…
BOJ Rate Hike to 1% Puts Japan at 1995 High The Bank of Japan raised its benchmark rate to 1% on Tuesday, the highest level since…
Sam Bankman-Fried sentence affirmed by Second Circuit after appeal loss The Second Circuit on Friday affirmed Sam Bankman-Fried’s 25-year sentence, leaving the FTX founder’s fraud conviction…
BoE inflation tolerance signals a softer policy stance Bank of England Governor Andrew Bailey said on Friday that it can be “sensible” to allow inflation to…
SoFi launches bank-issued stablecoin for 15 million users SoFi has rolled out SoFiUSD, a fully reserved U.S. dollar stablecoin issued by SoFi Bank, and is making…
BIS Agorá prototype puts seven central banks to the test The Bank for International Settlements said its Project Agorá has moved from design into prototype building,…
Agent banking raises $30M as stablecoin supply stays flat A new $30 million funding round for agent banking marks another vote of confidence in AI-driven financial…
DeFi bank run exposes fragile deposits after $292M exploit A $292 million exploit at KelpDAO late Saturday triggered roughly $10 billion in withdrawals across DeFi and…
Minnesota Banks Win Crypto Custody Powers as Self-Storage Falls Minnesota has moved to let state-chartered banks and credit unions offer cryptocurrency custody services starting Aug. 1,…
