Tag: Bank
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SEC rules staking is not a securities transaction, clearing path for institutions and ETFs
The Securities and Exchange Commission clarified that protocol staking isn’t considered a regulated activity, greatly enhancing its appeal to financial institutions seeking involvement.
By issuing...
BRICS bank backs Russia’s de-dollarization drive as global finance approaches a reset
Russia is accelerating its de-dollarization efforts by leveraging the BRICS Bank, promoting alternatives to dollar-based financing and advocating for a multipolar financial system aimed...
JPMorgan and wall street banks reportedly unite to challenge Tether’s Stablecoin dominance
Tether welcomes new competition as traditional banks prepare to enter the market and challenge its stablecoin dominance.
Several of the largest U.S. banks—including JPMorgan Chase,...
LBank suspends UAE sign-ups, plans user phase-out in Russia and Ukraine
On May 20, Lbank announced a temporary suspension of new user registrations from the United Arab Emirates to comply with regulatory requirements set by...
Boutique bank at Trump tower quietly accumulates Bitcoin: Bloomberg
Bitcoin is being accumulated by Dominari Holdings Inc., a modest investment bank headquartered in Trump Tower, as the firm shifts further into the cryptocurrency...