As five big U.S. banks report earnings on the same day, Citigroup is the one to watch
Among the largest U.S. banks, Citigroup is expected to show the greatest improvement by one important measure. But it still has a long way to go to reach its…
Wall Street banks tighten prediction market rules for staff as insider fears spread
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades as insider trading fears spread across…
Ethereum's newest nonprofit wants to become Wall Street's guide to crypto
In this week's edition of The Protocol Newsletter, we’re digging into Ethereum Institutional, a new nonprofit aimed at educating financial institutions and…
A warning for the U.S. dollar: The historic bond-market buffer that protected the currency is fading.
Major dislocations in America’s foreign policy have given a stimulus to a dedollarization trend among central banks. Source：MarketWatch
Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants
HSBC, UBS, Wells Fargo and Citi are among the 17 banks now preparing to pilot live transactions using tokenized digital assets on Swift’s new blockchain…
SWIFT launches blockchain ledger with 17-bank tokenized deposit pilot
SWIFT launched its new blockchain ledger that will host a tokenized bank deposit pilot for 17 major banks seeking faster crossborder payments.…
Russia's largest private bank Alfa-Bank tests crypto trading
AlfaBank is testing cryptocurrency trading for qualified investors as Russia moves toward regulating digital assets and banks prepare new crypto services.…
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain anti-money laundering programs
Federal Reserve Board requests comment on a proposal to amend its requirements for banks to maintain antimoney laundering programs Source：Federal Reserve
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month. Source：CoinDesk
Dubai tops Asian crypto hubs, India isolates banks from crypto: Asia Express
Japan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia…
Banks have stopped asking if stablecoins belong in finance, now they're considering how
Financial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030. Source：CoinDesk
India's central bank revives push to isolate banks from crypto: Report
The Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and private stablecoins while preserving room for regulated…