Financial Services

Kyrgyzstan Launches Gold-Backed Stablecoin USDKG as a Milestone in Digital Assets

Kyrgyzstan introduces USDKG, a gold-backed stablecoin, aiming to enhance digital asset regulation and economic transparency.

PNC Bank Leads the Charge by Offering Direct Bitcoin Trading

PNC Bank becomes the first major US bank to offer direct Bitcoin trading for private banking clients alongside Coinbase's platform.

Standard Chartered Cuts Bitcoin Price Forecast Amid Waning Demand

Standard Chartered has reduced its Bitcoin price forecast to $100,000 amid declining institutional demand and reliance on ETF inflows.

OwlPay Cash Launches as a Blockchain-Based Solution for International Remittances

OwlPay Cash, a remittance app from OBOOK Holdings and Visa, enables US users to send money seamlessly to international bank accounts.

Trump's Tariff Policy Adjustments: Impacts on Businesses and Investors

Trump hints at tariff adjustments, potentially impacting businesses and investor decisions amid expected price increases.

Twenty One Capital Launches on NYSE as a Major Bitcoin Holder

Twenty One Capital begins trading on NYSE as a significant Bitcoin holder, providing financial services targeting institutional investors.

HashKey Holdings Seeks $215 Million IPO to Enhance Digital Asset Hub Status in Hong Kong

HashKey Holdings aims to raise $215 million in an IPO, positioning Hong Kong as a leading hub for digital assets in Asia.

Galaxy Digital Transfers 900 Bitcoin Amid Significant Market Movements

Galaxy Digital transferred 900 Bitcoin valued at $82 million, highlighting significant market movements by major cryptocurrency players.

Current Developments in Cryptocurrency Market Legislation

Senate Democrats are discussing a bipartisan crypto bill after a GOP compromise, as bank CEOs prepare to meet lawmakers this week.

Helix Introduces 24/5 Real-Time Equity Pricing for Major Stocks

Helix, a decentralized exchange, launches 24/5 real-time equity pricing for stocks like Palantir and NVIDIA, enhancing market access.

CFTC Launches Pilot Program for Digital Assets in Derivatives Markets

The CFTC has launched a pilot program for Bitcoin, Ethereum, and USDC as collateral in derivatives markets, aiming to integrate crypto with finance.

Tether's Strategic Investment in Generative Bionics: Opportunities in Humanoid Robotics

Tether invested €70 million in Generative Bionics to enhance humanoid robot development and expand AI technology deployment.

Anthony Scaramucci Highlights Strategic Bitcoin Investment Amid Market Growth

Anthony Scaramucci praises Strategy's Bitcoin purchase, forecasting significant price growth driven by institutional adoption.

Major U.S. Banks Engage with Senators on Crypto Regulations

Lawmakers and bank CEOs discuss vital crypto regulations this week, aiming for clear cryptocurrency market structure rules.

Impact of Bitcoin ETFs on Active Address Engagement

The launch of Bitcoin ETFs has led to a decline in active addresses, indicating a shift towards institutional investors in the crypto market.