Office of the Comptroller of the Currency’s Jonathan Gould says crypto companies should have a path to supervision in the banking system, which can evolve to embrace blockchain.
The pilot program allows futures commission merchants to accept Bitcoin, Ether and USDC for margin collateral, provided strict reporting criteria are followed.
While crypto offers banks an opportunity to generate new sources of revenue, Fitch warns it could bring risks that could lead to rating revisions.
Bitcoin’s rejection at the short-term range highs is caused by macroeconomic uncertainty, liquidations and stagnant spot ETF flows. Will clearer signals from the US economy boost BTC volumes?
Improving retail crypto and TradFi investor sentiment align with the recent uptick in Bitcoin price, but sell orders and short positions in the $93,000 range threaten to cap the rally.
BEIJING: China’s towering annual trade surplus surpassed $1 trillion for the first time last month, data showed on Monday, as a sharp drop in shipments to…
