Search Results for "institutions"
SEC's Upcoming Decision on Bitcoin ETFs and the Implications
The SEC's anticipated decision on Bitcoin ETFs, expected by January 2024, could significantly boost U.S. crypto adoption, balancing financial institutions' interests and legal challenges.
UK’s Argo Crypto Mining Firm Begins Paying CEO in Bitcoin
Argo blockchain crypto mining firm has become the first publicly listed company to pay its CEO in Bitcoin.
Ackman Urges US Government to Guarantee SVB Deposits
Billionaire hedge fund manager Bill Ackman has warned the US government that failing to guarantee all deposits held by Silicon Valley Bank (SVB) within 48 hours could result in the destruction of several financial institutions. Ackman argued that a "giant sucking sound" would be heard from the withdrawal of substantially all uninsured deposits from all banks, which would lead to a drain on liquidity from community, regional, and other banks.
Bitcoin Institutional Inflows Are Rising as Grayscale Bitcoin Portfolio Now Estimated to be Worth $23.69 Billion
Bybt crypto trading platform has disclosed that Bitcoin institutional inflows are not showing any signs of slowing.
US Government Removes Cryptocurrency AML Provisions from NDAA
The US government has removed two AML provisions relating to cryptocurrencies from the NDAA, indicating a cautious approach to crypto regulation and raising concerns about future AML measures.
Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities
Stakeholders including the Silvergate Bank have responded to the OCC call recommending the regulator to improve US bank’s crypto capabilities.
6 Corporate Giants Hold Bitcoin Worth More Than $11.4 Billion
Blockchain insights provider BlockData has acknowledged that six corporate giants have taken the Bitcoin holding culture a notch higher as they have BTC worth more than $11.4 billion in their custody.
Public Worry Grows Over Bank Stability
A recent Gallup poll conducted in the US revealed that 48% of respondents are concerned about their money in the bank, with almost 20% "very concerned." Experts at a think tank postulate that if half of uninsured savers withdrew all of their cash, 186 American banks would be at risk of impairment. Additionally, research suggests that half of the banks in America could be insolvent.
MicroStrategy Acquires an Additional 271 Bitcoins for $15 Million
MicroStrategy’s CEO Michael Saylor has revealed that the firm has scooped up an additional 271 Bitcoins for $15 million.
PayPal CEO Announces Plans for Cryptocurrency Business Expansion to Reach More Users
PayPal CEO discussed the integration of cryptocurrency into its business and potential business partnerships with central banks.
US Institutional Bitcoin Demand Has Dried Up, says On-Chain Analyst
On-chain analyst William Clemente III noted that Bitcoin demand by US institutional investors had slowed down.
Exclusive: Lack of Interdisciplinarity - Culprit for FinTech Talent Shortage
Professor Aris Stouraitis, Department Head of Finance & Decision Sciences at Hong Kong Baptist University shares with us the culprit of FinTech talent shortage! He also highlights how financial institutions, governments, and academic institutions can address this problem.