Regulatory clarity key for banks entering crypto, industry exec says

Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.

The SEC’s charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted; however, a spokesperson from DTCC confirmed that the listing has been there since August. 871 Total views 11 Total shares The United States Securities and Exchange Commission has fined investment adviser BlackRock

A blockchain project called Education Ecosystem is developing a decentralized online learning platform called LiveEdu, where people can learn how to build complete products in categories like programming, cryptocurrencies, artificial intelligence, and other technology fields. Describing itself as “Netflix for professional development”, the company says it is different to other online learning platforms as they…

The institution will reportedly train more than 500,000 specialists in distributed ledger technology. On May 10, the National Blockchain Technology Innovation Center, first announced in February, has officially started its work in the capital city of Beijing. The Center will collaborate with local universities, think tanks and blockchain businesses to develop blockchain implementation in China.…

US President Donald Trump’s media conglomerate, Trump Media and Technology Group, has signed an agreement with crypto exchange Crypto.com to launch exchange-traded funds “with a Made in America focus.” Trump Media, which operates the social media site Truth Social, said on April 22 that it signed a binding agreement with Crypto.com and asset manager Yorkville

The bank joins Coinbase, Huobi, SIX Digital Exchange, 100x Group, and other industry leaders to advocate for the adoption of digital assets. 507 Total views 15 Total shares Standard Chartered, a United Kingdom-based multinational banking firm, has joined an alliance of fintech companies and banks aimed at accelerating the adoption of best practices of cryptocurrencies.In…

November strengthened venture capitalists' confidence in crypto and Web3 projects, with major funding rounds returning to the charts alongside seed capital for early-stage firms. Cross-chain protocol Wormhole, for instance, secured a $225-million investment at a valuation of $2.5 billion. The round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless Capital and Arrington

Nebraska could follow Wyoming and open its first crypto bank should the bill pass the final round. 3325 Total views 35 Total shares Lawmakers in the U.S. state of Nebraska have taken another step towards passing a bill that will allow state banks to offer cryptocurrency services.According to a May 19 tweet from Senator Julie…

The White House national strategy listed eight emerging technologies, focusing on building international standards and finding use cases in the economic sector. 348 Total views 3 Total shares Own this piece of history Collect this article as an NFTIn the United States, the White House released the national standards strategy for key and emerging technologies…