Hong Kong launches initiative to help banks with DLT adoption
The initiative will initially focus on tokenized deposits with the HKMA providing support for trials to local banks. Go to Source
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Americans expect stock boost in 2025, along with global, political conflict
History shows a rise in stock market indexes will be accompanied by increasing Bitcoin and crypto market prices, albeit in a more volatile manner. Go to Source
Top 5 Bitcoin critics unfazed by $100K BTC milestone
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future. Go to Source
Relationship building is a hedge against debanking — OKX exec
Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities. Go to Source
NYDFS approves BitLicense for Anchorage Digital subsidiary
With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015. Go to Source
FDIC asked banks to ‘pause’ crypto activities — Court docs
Coinbase chief legal officer Paul Grewal claimed the letters provided evidence that an alleged US government attempt to debank firms “wasn’t just some crypto conspiracy theory.” Go to Source
House lawmakers propose studies on AI in financial services, housing
AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress. Go to Source
Marc Andreessen’s Bombshell on Joe Rogan Spurs ‘Debank the Banks’ Discussion
The momentum from Andreessen Horowitz co-founder Marc Andreesen’s recent revelations about debanking has been unstoppable, sparking a fiery discussion urging people to step away from traditional financial institutions. Debanking Unmasked: Podcast Sparks Wave of Testimonies Against Banks Social media has been flooded with firsthand accounts, as individuals share their experiences of being forcibly excluded from … Read more
Bitcoin’s record highs push big banks’ profits to billions — Report
As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts. Go to Source
Standard Chartered’s crypto custodian Zodia to raise $50M
Backed by several financial firms, Zodia expects to tap more diverse investors with a planned $50 million raise. Go to Source
