News list for " Banking"
The U.S. Senate Banking Subcommittee on Digital Assets will hold its first hearing next Wednesday to discuss the topic of exploring a bipartisan legislative framework for digital assets.
The meeting notes did not give the prospect of a rate cut, but investment banks believe that most of the uncertainty will be resolved before the May meeting. The US index rebounded and fell back, maintaining a downward outlook until this level is broken.
In prepared remarks, Mr. Daly called for changes in bank regulation but stopped short of commenting on monetary policy and the economy, saying the cumulative impact of rules and regulations had to be considered and more community banks said regulation was not working for them.
According to Ledger Insights, State Street plans to launch a crypto custody service next year. Last year, State Street partnered with Taurus to develop custody technology. A survey by State Street in the middle of last year revealed strong customer interest in digital asset custody - including tokenization and cryptocurrencies - but greater interest in cryptocurrencies. State Street Bank's assets under custody (AUC) amount to $46.60 trillion, making it the second largest custodian in the world.
Geoffrey Kendrick, head of global digital asset research at Standard Chartered, said in a recent note that bitcoin has been down for five consecutive weekends, but that trend is expected to shift this weekend. A slight rally this weekend could trigger ETF inflows on Monday, pushing the price back to $100,000 and then to $102,500. In recent weekends, New York...
According to market news, State Street will launch its crypto asset custody business in 2026.
Industrial and Commercial Bank of China: On February 14, 2025, it received a notice from Central Huijin Investment Co., Ltd., that 66.7% of the equity of China Securities Financial joint stock company is to be transferred to Huijin Company.
On February 12, Trump administration officials are discussing plans to consolidate bank regulators, possibly attempting to merge the Federal Deposit Insurance Corporation (FDIC) into the Treasury Department without congressional approval, and merge its regulatory functions with the Office of the Comptroller of the Currency (OCC). The plan, which aims to reduce the powers of the banking regulator and increase direct government control over the financial sector, comes after the Trump administratio...
According to the latest 13F filing by investment banking giant Goldman Sachs on Tuesday, the firm's bitcoin ETF holdings increased to $1.50 billion in Q4 2024. As of December 31, 2024, Goldman Sachs held $1.27 billion (or 24.07 million shares) in the BlackRock iShares Bitcoin Trust ETF (IBIT), the largest spot Bitcoin ETF by assets under management, meaning that the number of shares held by Goldman increased by 88% compared to the previous quarter. Goldman Sachs also increased its holdings in Fi...
Federal Reserve Chairperson Jerome Powell said he was committed to ending "debanking", pledged to tailor bank supervision to try to avoid overburdening banks, and said the central bank had already taken considerable steps to deal with the collapse of Silicon Valley banks.
Trump may start the road of tariff collection. Investment banks believe that the risk of tariffs will continue to exist and may reappear at any time. Europe and the United States may be suitable to short at this level, targeting parity > >
Katalin Tischhauser, head of investment research at Swiss crypto bank Sygnum, released a new research report predicting that every $1 billion invested in the US strategic bitcoin reserve will increase the bitcoin market value by about $20 billion through the multiplier effect. The report pointed out that due to the limited supply of bitcoin liquidity, new demand will trigger a significant upward price shock, of which 19 billion US dollars growth will come from demand shock and limited supply squ...
Swiss banking giant UBS, which manages $5.70 trillion in assets, has tested its UBS Key4 Gold offering on Ethereum's Layer-2 network ZKSync to explore scaling and privacy solutions.
The head of global digital asset research at Standard Chartered expects that the uncertainty that created resistance to the cryptocurrency rally has subsided, with bitcoin prices likely to reach as high as...
On January 27th, Geoffrey Kendrick, head of foreign exchange and digital asset research at Standard Chartered, released the latest market analysis, pointing out that the correlation between bitcoin and the Nasdaq index is significantly higher than that with gold. AI startup DeepSeek released a low-cost R1 model comparable to OpenAI, causing the Nasdaq futures to fall by 3.3%, triggering a large-scale liquidation in the cryptocurrency market....
7x24 Newsflash
Hot News
