Banking
Empire co-hosts Santiago Santos and Jason Yanowitz think bitcoin could top $150,000 by year-end
The debanking narrative has given fresh ammunition to teams building bank replacements
“Law-abiding American businesses should be able to access banking services without government interference,” Coinbase’s Paul Grewal said on X
Something very interesting showed up in the FOMC November meeting minutes this week
As part of last week’s FinCEN settlement, TD Bank allegedly failed to report transactions related to crypto to relevant law enforcement agencies
Institutions to test out the settlement of “digital assets and currencies” on a network that annually carries more than 5 billion financial messages
Spain-based Banco Bilbao Vizcaya Argentaria has been working in the new Visa Tokenized Asset Platform sandbox
Crypto advocacy group’s policy counsel notes the “coordinated attempt to choke off the digital asset industry’s access to the traditional banking system”
There’s a misunderstanding that TradFi players don’t want to transact in bitcoin, says Cantor Fitzgerald’s Howard Lutnick
Crypto products don’t fit in “a well-balanced, long-term investment portfolio,” Vanguard reiterates ahead of potential ether fund launches
But Goldman’s Mathew McDermott says the bank wants to see public blockchains “mature” before expanding in that arena
The end of the Federal Reserve’s Bank Term Funding Program is set to come after the launch of bitcoin ETFs and before the bitcoin halving
Under the standards, stablecoins would be sorted into two buckets: Group 1b and Group 2
The “property-rights-respecting” service seeks to minimize risks via segregated accounts, according to Custodia CEO Caitlin Long
The new rules would oblige banks in member nations to publicly share their involvement in crypto assets and the financial requirements imposed by holdings
The key barrier to more stablecoin adoption is the user interface, not the value proposition, says Carrica
The summary report was published on Sept. 27 and includes the Fed’s recommendations on how to avoid a similar situation in the future
It’s a strange situation to be in where the banks are more bullish than the degens
Mumtaz insists Visa’s recent expansion of stablecoin settlements to Solana is good for all of crypto
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