Swiss banks to test possible uses for Swiss franc stablecoin
Six Swiss banks have joined forces to test potential uses for a Swiss franc-pegged stablecoin in Switzerland, UBS…
Digital-Asset Investment Products Draw $224 Million, With Switzerland Making Up 70%
Last week, digital-asset investment products recorded net inflows of $224 million, with about 70%% of the total coming…
Fed rate cuts likely pushed back to September
UBS said it now expects the U.S. Federal Reserve (Fed) to delay its rate cuts until September. UBS…
Basel crypto statistics reveal stark regional differences in bank exposure strategies – Ledger Insights
Today the Basel Committee on Banking Supervision (BCBS) released its latest statistics, including details about banking crypto asset…
Crypto Firms Flock to Switzerland as Global Regulation Tightens
Crypto’s regulatory storm is gathering force, and the smartest firms are already moving before the first lightning strike.…
US Seeks Review of Basel Committee Bank Crypto Holding Rules
The Basel Committee’s rules on banks’ cryptocurrency holdings reportedly may be overhauled because of the rapid adoption of…
Basel Committee considering revisiting bank crypto rules re stablecoins – report – Ledger Insights
Bloomberg has reported that the Basel Committee is considering changes to crypto rules for banks, with stablecoins as…
Basel Committee confirms expedited review of crypto rules (updated) – Ledger Insights
Industry associations have repeatedly requested reviews of the Basel crypto rules for banks this year, particularly because the…
Basel Chair Calls for New Crypto Rules for Banks
The head of a global banking regulator is calling for an overhaul of cryptocurrency regulations. The rules that…
Bitcoin whales and ETFs are bailing out of the market; UBS warns: ‘Crypto is not an asset’
First, the good news. Bitcoin ticked up 5% this morning to $65.9K per coin. That’s it. That’s all…