Day: 3 April 2024

On April 3 2024, the Bank of England (BoE) and the Financial Conduct Authority (FCA) (the regulators) published a joint consultation paper on their proposed approach to operating the Digital Securities Sandbox (DSS). The DSS is poised to revolutionize the landscape of digital securities trading and settlement in the UK ...

The Bank for International Settlements (BIS) has taken a significant stride in the realm of Central Bank Digital Currencies (CBDCs) with the launch of its innovative Agora platform.  Designed to foster collaboration and knowledge exchange among central banks globally, Agora aims to accelerate research and development in the CBDC space. ...

In a significant development within the Solana ecosystem, a substantial transfer of SOL tokens occurred within the last 24 hours. According to Whale Alerts, a prominent tracker of large cryptocurrency transactions, the anonymous wallet transferred a staggering 108,010 SOL tokens, valued at approximately $20,486,950, to the Binance exchange on Wednesday, ...

Binance has stated that Tigran Gambaryan, its Head of Compliance, who is currently held in Nigeria's law enforcement custody, should not be held responsible for anything as the legal drama and talks with the nation's government officials continue.  In a statement released on Wednesday, April 3, the exchange claimed that ...

Investment bank and broker-dealer, Keefe, Bruyette & Woods (KBW), has revised its current price projection for Coinbase's stock by over 40%.  In its latest research report, the bank raised its year-end price target for the American crypto exchange from $160 to $230 while maintaining its market-performing rating. KBW highlighted Coinbase's ...

For the first time since the introduction of spot Bitcoin ETFs in the US market, Grayscale Bitcoin Trust Shares ($GBTC) did not register the most daily outflows from its portfolio, as ARKB Invests' $ARKB surpassed its $82 million outflows with up to $6 million.  According to a report from Farside ...