Barclays boosts BlackRock Bitcoin ETF stake 48% as banks expand holdings
Barclays reported a $187 million stake as of Sept. 30, while Citigroup disclosed a new $119 million position in Fidelity’s Bitcoin ETF. Source:Cointelegraph
Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.…
Can crypto trust firms compete with banks in US derivatives settlements?
Crypto custodians are moving into a market handling billions in daily settlements, but regulatory relief and a shift in congressional control leave questions…
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
The venture, known as Project Faro, plans to issue a dollardenominated stablecoin and is expected to be incorporated in the U.S. Source:CoinDesk
Will stablecoins survive once the banks catch up?
As crypto firms and banks converge, it is fair to ask what lasting advantage stablecoins have, argues Alessandro Hatami, founder of Pacemakers and former COO…
Bitcoin’s ‘best buying opportunity ever’ has arrived: Mark Moss
Bitcoin Opportunity Fund cofounder Mark Moss says that with banks and ETFs widening access to Bitcoin he expects a new record high in 2027. Source:Cointelegraph
Anthropic reportedly retracts IPO terms sent to banks by mistake, exposing jitters over AI investments
Anthropic reportedly late Monday sent a copy of a securities filing to bankers for an IPO raising up to $69.3 billion before saying that was in error.…
Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and…
Morgan Stanley says it is among the first banks to tokenize real world assets
The bank's announcement follows the launch of the Depository Trust & Clearing Corporation’s Tokenization Service, or DTS, on Oct. 28. Source:CoinDesk
South Korea asks its biggest banks how a major crypto hack would hit them
In its first such survey, the BOK also asked about a crypto price crash, losses at another firm, and each firm’s crypto teams, budgets and investments.…
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