JPMorgan Predicts $170K as Volatility Eases
JPMorgan is forecasting a dramatic rise for Bitcoin to $170,000, contingent on the cryptocurrency becoming less volatile compared to gold.
Irish Regulator Sanctions Coinbase Europe with Reprimand and €21.5M Fine for Pervasive AML Control Deficiencies
The Central Bank of Ireland has publicly reprimanded and fined Coinbase Europe Limited €21,464,734 for fundamental failures in its anti-money laundering framework.
Japan’s Biggest Banks to Test Common Stablecoin with Regulator’s Blessing
In a powerful show of unity, Japan’s three banking giants—Mizuho, MUFG, and SMBC—are collaborating on a shared stablecoin project with the full support of the national financial regulator.
Hong Kong Enters Tokenization Era with Landmark Franklin Templeton Fund
Hong Kong has ushered in a new phase for its financial sector with the launch of its first tokenized fund by Franklin Templeton.
Mastercard Partners with Ripple, Gemini to Test Stablecoin Settlement for Card Payments
Mastercard is collaborating with Ripple and Gemini to pilot the use of stablecoins for settling card transactions. The initiative will utilize the RLUSD stablecoin on the XRPL blockchain.
UK Accelerates Crypto Ambitions with Forthcoming Stablecoin Regulation
As part of a sweeping modernization of its financial markets, the UK will unveil its proposed stablecoin regulations on November 10.
Crypto ETF Exodus: Bitcoin and Ethereum Funds Shed $800 Million as ‘Extreme Fear’ Grips Market
Amid a wave of “extreme fear” in the digital asset market, US spot exchange-traded funds (ETFs) for Bitcoin and Ethereum witnessed a massive combined net outflow of $797 million on Tuesday, signaling a sharp pullback by institutional investors.
