The New Development Bank (NDB) is financing several projects helping developing countries build their infrastructure without depending on the West. They have approved over $39 billion in loans, funding 120…
Digital Asset and a group of major financial firms have executed the first real-time, fully on-chain financing of U.S. Treasuries against USDC on the Canton Network.The repo trade, carried out…
In brief
Ukraine has sanctioned 19 Russian crypto miners, 17 digital asset operators, and five exchanges, along with firms tied to Russia’s financial infrastructure.
Foreign entities in Cyprus, Kazakhstan, and the UAE…
DDC Enterprise Limited (NYSE: DDC) has officially closed its $528 million financing deal to expand its corporate Bitcoin strategy. The funding, led by Anson Funds with participation from Animoca Brands,…
In brief
Blockchain intelligence firm Elliptic has become a member of the Internet Watch Foundation, a nonprofit set up to address online child sexual abuse materials.
In a 2024 report, the IWF…
Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for…
JPMorgan Chase & Co. plans to allow its trading and wealth-management clients to use cryptocurrency-linked assets, including spot Bitcoin exchange-traded funds (ETFs), as collateral for loans, according to Bloomberg.The bank…
Cantor’s Bitcoin financing business is fully operational, the company announced on Tuesday. One of the transactions was with Maple, which said that it closed its first tranche of Bitcoin-backed financing. “This financing…
Key Points:Routine CSDC account verification refuted rumors of margin finance investigation.Confirmation from CSDC dispels online speculations.No special arrangements for targeting margin financing.
China Securities Depository and Clearing Corporation Limited (CSDC) clarified…
To get the show every day, follow the podcast here.On "Markets Daily," host Jennifer Sanasie speaks with Elliot Chun, partner at Architect Partners, about tomorrow's Federal Open Market Committee (FOMC)…