Nigeria sets new crypto licensing rules, bans algorithmic stablecoins
Nigeria has banned algorithmic stablecoins and introduced reserve requirements for issuers as it expands central bank oversight of crypto payment services.…
Ukraine’s central bank opposes crypto bill, citing monetary sovereignty concerns
Ukraine’s central bank won’t back a crypto legalization bill in its current form and wants lawmakers to revise it before a final vote. Source:CoinDesk
This indicator has triggered just 5 times since 2000 — and it warns of a trap for stocks
Compared with previous market drawdowns, the current market setup is vulnerable because rising inflation limits the ability of central banks to ease rates and…
Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money. Source:CoinDesk
Bank of Korea probes financial firms’ exposure to crypto risks
The central bank is surveying 31 financial institutions on how a major exchange shutdown, prolonged crypto downturn or losses at another firm could affect…
Inflation surges, PCE shows. Fed pause on rate hikes unlikely to last long with prices still rising.
Even though the Federal Reserve temporarily put its inflation fight on hold this week, the cost of living rose sharply again last month in a sign the central…
ECB President Christine Lagarde to step down in February 2027
Lagarde announced plans to step down as European Central Bank President after serving more than seven years in the role. Source:Cointelegraph
Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.
Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. Source:MarketWatch
Fed leaves interest rates unchanged, as expected
A rate hike in December remains likely as the U.S. central bank continues to focus on inflation, which remains well above its 2% target. Source:CoinDesk
Brazil’s largest lender becomes first bank to formalize crypto brokerage under new rules
Itaú Unibanco notified Brazil’s central bank of its crypto trading and custody operations on Tuesday, ahead of an Oct. 30 deadline. Source:CoinDesk
Binance files for Brazil crypto license ahead of Friday deadline
The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services.…
Netanyahu floats use of blockchain as solution to potential financial sanctions
Ahead of elections, Prime Minister Benjamin Netanyahu said Israel could turn to blockchain and crypto to skirt potential international sanctions, to the dismay…