Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto… read more.
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Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report
Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade… read more.
NFT Sales Drop 5.4% to $193M, Ethereum Dominates with $107M in Sales: Weekly Recap
Over the past week, statistics show non-fungible token (NFT) sales totaled $193.08 million, down 5.44% from the previous week. Ethereum… read more.
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Shares of Deutsche Bank, Other Euro Lenders Tumble
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and… read more.
Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says
The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary… read more.
Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion
U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they "suffer deposit… read more.
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses… read more.
