Kraken parent Payward to become first crypto firm to buy a EU bank as it expands into deposits, lending
Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and lending. Source:CoinDesk
Dutch central bank grants Qivalis e-money license for MiCA-compliant euro token
Backed by BBVA, BNP Paribas, and ING, Qivalis secured Dutch regulatory authorization to offer onchain euro settlement infrastructure. Source:CoinDesk
Investors have made big bets on tech stocks. Why one strategist just downgraded the sector.
Slowing flows into tech stocks as valuations deteriorate has one strategist lowering the firm’s rating on tech stocks. Source:MarketWatch
Solana sets Oct. 21 for Alpenglow upgrade targeting 150-millisecond finality
The switch will replace Solana’s existing validator voting system, remove vote transactions from blocks and could sharply change headline transaction counts…
Strive raising $500 million to buy additional bitcoin with new preferred share class
SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%). Source:CoinDesk
BNY, Citadel Securities test tokenized U.S. Treasuries to speed up Wall Street financing
The transaction shows how blockchainbased government bonds could help trading firms move collateral faster between settlement and financing. Source:CoinDesk
New SEC rules would fleece everyday investors to enrich Wall Street
New proposals from the Securities and Exchange Commission will tilt the scales in favor of Wall Street and against a huge group of retail investors.…
How the SEC’s lack of leadership could facilitate crypto rulemaking
A recent change in the SEC’s rules on quorum could make it easier for the agency to amend its approach to crypto regulation in the absence of a market…
Russia clears Sberbank for crypto trading ahead of December launch
Russia’s largest bank, Sberbank, has secured crypto exchange authorization as it prepares to offer Bitcoin, Ether and Tether USDt trading. Source:Cointelegraph
Russia’s largest bank Sberbank secures approval to trade crypto
Sberbank plans to open crypto trading to all clients Dec. 1 and is already testing BTC, ETH and USDT trades in its app. Source:CoinDesk
MediaMarktSaturn pulls Ledger products amid tampering reports
European retailer MediaMarkt pulled Ledger products as the wallet maker probes tampering reports beyond CryptoBilis in Southeast Asia. Source:Cointelegraph
Here’s how much extra money could be in your monthly Social Security check next year
Social Security’s costofliving adjustment will boost retirees’ monthly budgets. But will it be enough? Source:MarketWatch