Billionaire investor Paul Tudor Jones says he is bearish on U.S. stocks, and bullish on Bitcoin and gold.
Category: Banks
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Basel Committee to consider disclosure requirements for banks’ crypto assets
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said.
Brazil BTG Pactual bank buys Bitcoin-friendly brokerage Orama for $99M
BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin.
Class-action suit filed against Binance for alleged harm to FTX before its collapse
A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange.
Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare?
Coinbase CEO slams Chase UK for ‘totally inappropriate’ crypto move
Coinbase CEO Brian Armstrong has been actively pursuing the exchange’s expansion ambitions in the United Kingdom amid mounting legal issues in the U.S..
Sixth Swiss Bank Joins SDX Crypto Exchange
Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins the Central Securities Depositary of SDX.
JPMorgan’s subsidiary Chase UK to restrict crypto transactions
Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions.
Bitcoin Adoption Fund launched by Japan’s $500B Nomura bank
The Bitcoin Adoption fund will have long-only exposure to Bitcoin and be available to institutional investors.
Second-largest Thai bank creates $100-million AI fund
The fund, named KXVC, will target AI, Web3, and Deep Tech startups with a focus on the Asia-Pacific region.