UK Central Bank Chief Rejects Stablecoins, Favors Tokenized Deposits
Bank of England Governor Andrew Bailey has warned that private stablecoins risk destabilizing the financial system, urging banks to focus on tokenized deposits instead.
Czech Central Bank Bets on Crypto with $18M Coinbase Stake
In a bold move for a traditional institution, the Czech National Bank (CNB) invested $18.1 million in Coinbase stock last quarter, per SEC filings.
Bitcoin Hits $117K as ETF Inflows Signal Institutional Boom
Bitcoin surged past $117,000 early Friday, notching a fresh all-time high as spot ETF inflows and institutional demand accelerated.
Florida AG Challenges Robinhood’s Crypto Cost Claims in Industry-Wide Warning
Florida authorities have singled out Robinhood Crypto in what appears to be a broader warning to the cryptocurrency industry about pricing transparency.
Reserve Bank of Australia Enlists Fintechs, Banks in Major CBDC and Stablecoin Pilot
Australia’s central bank is bringing fintechs and traditional lenders into a landmark trial of wholesale CBDCs, stablecoins, and tokenized deposits, signaling growing institutional interest in digital assets.
Ripple’s Stablecoin Gains Traction Amid Crypto Banking Push
Ripple’s RLUSD has crossed the $500 million market cap threshold, marking a significant milestone for the seven-month-old stablecoin.
“Crypto ATMs Fuel Crime” – New Zealand Announces Ban in AML Overhaul
New Zealand will shut down all cryptocurrency ATMs as part of a sweeping effort to combat money laundering and terrorist financing.
