BNY nears crypto custody for ETFs after SEC softens SAB 121 stance

Brad Garlinghouse has lashed out at the SEC for its "absurd" comments on the Ripple Labs case. 472 Total views 2 Total shares Ripple CEO Brad Garlinghouse has condemned the United States securities regulator over recent comments from its lawyers that hint at a possible appeal to its case against Ripple.In a July 23 tweet,…

Blockchain firm AVA Labs acquired private investment platform Investery to further expand its operations.AVA Labs told Cointelegraph on Feb. 27 that the acquisition will enhance its financial offering by enabling access to private asset platforms and the issuance of private financial assets. Furthermore, Investery’s existing partnerships will also transition over to AVA.An expansion to private…

Swiss blockchain identity network Concordium has hired former Danish prime minister and NATO secretary general Anders Fogh Rasmussen as a strategic advisor, the company confirmed in a press release on March 20.The Concordium Foundation, the controlling entity behind the Concordium Network that launched a proof of concept in January, aims to tackle blockchain deployment in…

Six of Polkadot’s top projects have already put their hands up to feature in the Polkadot Index Network Token and sit on its Constituent Council. 3620 Total views 23 Total shares The source code for the upcoming Polkadot Index Network Token, or PINT, has been made public, with half a dozen projects putting their hand…

The Swiss National Bank integrated wholesale CBDC in banking systems with five commercial banks as part of the second phase of Project Helvetia. 354 Total views 22 Total shares Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system. The Swiss National Bank (SNB), the country's…

On Friday Bitcoin (BTC) price reclaimed $8,000 as bulls appear to be setting their sights on a second go at the weekly high at $8,473. Earlier in the week, crypto-media speculated that the price run-up to $8,473 was fuelled by fear of a war breaking out between the United States and Iran.Then, as the price…

"This does not mean the SNB is not interested in CBDC, but our focus is to look at the role that wholesale CBDCs could play," said Andréa Maechler. 310 Total views 11 Total shares Andréa Maechler, a member of the governing board for the Swiss National Bank, or SNB, has reportedly altered her position on…

AI-related tokens slumped as Nvidia’s Q2 earnings beat Wall Street estimates but failed to impress investors.

Bitcoin (BTC) has seen a corrective week as the price dropped from $58,000 to $44,000 in a matter of days. This dropdown caused a panic reaction across the markets as the euphoria was immediately halted.For instance, the Crypto Fear and Greed Index plunged to monthly lows of 56 after being above 90, or "extreme greed"…