This is a segment from the Lightspeed newsletter. To read full editions, subscribe.As regulation becomes clearer and the number of national banks rumored to have stablecoin plans grow, it seems…
The Indian rupee edged higher against the US dollar on Wednesday after foreign banks initiated mild sell-offs in the markets. The move has helped the rupee and other leading Asian…
Federal
prosecutors in the United States arrested a Russian cryptocurrency executive yesterday
(Monday) on charges he ran a massive money laundering operation that moved more
than half a billion dollars for sanctioned Russian…
Major Wall Street banks are now predicting that de-dollarization trends will continue accelerating, and they’re forecasting further weakness in the US dollar ahead. Right now, Morgan Stanley, JPMorgan Chase, and…
Payment giant Stripe has reportedly held early discussions with banks about potentially integrating stablecoins, signaling growing acceptance in global banking.After debuting stablecoin-based accounts in 100 countries in early May, Stripe…
The Bank of Russia has permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors.Russian banks are now free to provide qualified investors with a range of crypto…
Good Morning, Asia. Here's what's making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and…
Right now, banks are finding ways to connect to Ripple networks in much the same way they connect to SWIFT systems, and this development is creating some interesting opportunities for…