Even if Clarity fails, Wall Street’s crypto push is unlikely to stop
The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that…
Banks escalate stablecoin rewards fight as Senate prepares for a Clarity Act vote
Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banksversuscrypto dispute alive in Congress.…
Kaiko extends Series B funding round to $110 million with S&P Global, BNP Paribas
Financial rating giant S&P Global joined top traditional banks and exchange operators to fund Kaiko's expansion into continuous market data services…
Fed rate hike is about Wall Street, not inflation, says economist
Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week. Source：CoinDesk
Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle
Agencies reduce regulatory burden for community banks, increase eligibility for 18month exam cycle Source：Federal Reserve
Coinbase, Moov to provide stablecoin infrastructure for US community banks
The partnership will provide stablecoin acceptance, settlement and realtime funding capabilities to over 1,000 community banks and credit unions.…
Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says
South Korea’s budget office warned that stablecoin adoption could reduce banks' roles as credit intermediaries and potentially destabilize token pegs during…
Swiss stablecoin sandbox enters testing phase, adds two new partners
Financial market operator SIX and payment app TWINT have joined numerous banks in the sandbox seeking to develop a Swiss francbased stablecoin.…
Is the U.S. losing its safe-haven status? Why global central banks are pulling gold out of New York.
What to know about safe havens and the U.S., as the Netherlands’ central bank follows France in pulling gold out of New York. Source：MarketWatch
Revolut, OpenReserve get preliminary US bank approval with crypto plans
Revolut and OpenReserve received preliminary OCC approval to form US national banks, with both planning cryptocurrency and stablecoinrelated services.…
Citi, Goldman, other global banks and asset managers team up on stablecoin venture
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion. Source：CoinDesk
Wall Street banks are keeping astronomical price targets on SpaceX’s stock as it struggles to achieve post-IPO exit velocity
The AI boom features Citigroup’s $12 trillion marketcapitalization projection for SpaceX. Here’s what investors need to know about investmentbank research.…