Custodia Bank CEO warns of TradFi firms facing first crypto winter

    Institutional investors from the traditional finance world lack the updated risk tolerance models to deal with crypto and may face trouble during the next bear market, according to Custodia Bank CEO Caitlin Long. “Big Finance is here in a big way, and that seems to be driving this cycle. I suspect it will continue to drive…

    Brazil’s crypto tax grab signals the end of an era

    Opinion by: Robin Singh, CEO of Koinly Crypto may be the first tax lever governments pull when scrambling for more revenue, if Brazil’s recent move is anything to go by. In June, Brazil scrapped its tax exemption for minor crypto gains and introduced a flat 17.5% tax on all capital gains from digital assets, regardless…

    Rising Fed rate chatter may be a red flag for crypto: Santiment

    The surge in social media chatter around the highly anticipated US Federal Reserve September interest rate decision could be a warning sign for crypto, says sentiment platform Santiment. It comes after the crypto market rallied on Friday and market sentiment returned to greed following Fed Chair Jerome Powell’s dovish remarks at the annual Jackson Hole economic symposium….

    Coinbase predicts trillion-dollar stablecoin era by 2028

    The total US dollar-pegged stablecoin market is projected to swell to $1.2 trillion by 2028, spurred on by comprehensive crypto regulations in the United States, according to crypto exchange Coinbase. Coinbase said the projections mean the US Treasury issuance would have to be $5.3 billion per week over the next three years to satisfy demand from stablecoin…

    Japan’s SBI forms new blockchain ties with Circle, Ripple and Startale

    Japanese financial conglomerate SBI inked new blockchain partnerships with USDC issuer Circle, XRP developer Ripple and the Web3 company Startale. SBI Group announced the three separate partnerships on Friday, including stablecoin-related collaborations with US companies Circle and Ripple, and a new tokenization project with Singapore-based Startale. In cooperation with Startale, SBI plans to build an onchain trading platform for…

    EU exploring Ethereum, Solana for digital euro launch: FT

    The European Union is reportedly exploring major public blockchain networks including Ethereum and Solana in connection with its digital euro design. The European Central Bank (ECB) is considering running a digital euro on a public blockchain like Ethereum rather than a private one, the Financial Times reported on Friday, citing people familiar with the matter. Unlike a private blockchain,…