Digital Asset
BIS Allows Banks to Hold 2% Of Their Reserves in Cryptocurrencies
The Bank for International Settlements (BIS) has now allowed banks to now hold 2% of their reserves in cryptocurrencies as per its recently released Prudential Treatment of Crypto Asset exposure...
Three Arrows Capital Founders Refuse to Help With Asset Recovery
Liquidators’ attorney A Goldberg alleged that founders Kyle Davies and Su Zhu are more interested in re-establishing their reputation. Goldberg stated that investigators found that the founders used 3AC’s money...
Digital Assets Record $42M Inflow; Bitcoin Inflow Totals $19M
Digital asset investment products observed the most significant inflow in 14 weeks, adding up to $42 million. Bitcoin records a $19 million inflow, the largest since August 2022. Blockchain equities...
California Governor Vetoed Crypto Licensing & Regulation Bill
California governor, Gavin Newsom vetoed a crypto licensing and regulations bill on Friday. The bill will create a licensing regime for those looking to streamline crypto transactions. If the bill...
