Itaú Asset Administration recommends buyers allocate 1% to three% of their portfolios to Bitcoin primarily for diversification advantages. The recommendation aligns with different main companies (e.g., Financial institution of America, BlackRock), suggesting BTC ought to be a small, regular add-on sized to threat tolerance, not a core holding. Regardless ofContinue Reading

Talking on the Bitcoin MENA occasion in Abu Dhabi, Michael Saylor inspired nation-states to facilitate the creation of high-yield, zero-volatility, Bitcoin-backed financial institution accounts. Saylor mentioned these accounts would should be backed by a Bitcoin treasury firm with adequate reserves to over-collateralise holdings at a 5:1 ratio and would requireContinue Reading

French monetary conglomerate BPCE will start providing crypto buying and selling through 4 of its 29 retail banks as of Monday. The financial institution’s clients will have the ability to commerce Bitcoin, Ether, Solana, and USDC immediately inside the group’s Banque Populaire and Caisse d’Épargne apps. Round 2 million customersContinue Reading

South Korea will impose “no-fault” legal responsibility on main crypto exchanges, forcing them to compensate prospects for losses from hacks and system failures. This new rule units the compensation normal for exchanges equal to that of conventional banks. Lawmakers are planning more durable sanctions, which might embrace fines as muchContinue Reading

Coinbase CEO Brian Armstrong and BlackRock CEO shared their views on crypto markets, stablecoins, tokenisation and the transformation of conventional finance at a summit held in New York this week. Armstrong revealed extra main banks are exploring digital property by pilots with the Coinbase change. Fink acknowledged he now seesContinue Reading

Taurus integrates Everstake’s staking infrastructure to supply compliant, non-custodial staking to institutional shoppers. Banks can stake Solana, NEAR, Cardano and Tezos whereas holding full asset management. Partnership strengthens Taurus’ regulated custody platform and expands institutional entry to Proof-of-Stake networks. Taurus has partnered with Everstake to embed the staking supplier’s non-custodialContinue Reading

The OCC has allowed US nationwide banks to carry native crypto-assets to pay blockchain community fuel charges as a part of permissible banking operations. Banks might retain crypto for each transactional use and inside testing, enabling them to run custody platforms easily with out third-party intermediaries. Beneath the GENIUS Act,Continue Reading

The CNB has created a US$1 million (AU$1.53 million) digital-asset check portfolio, together with Bitcoin, a USD stablecoin, and a tokenised deposit, exterior its worldwide reserves. The pilot will check operational processes for blockchain belongings, together with custody, key administration, settlement, accounting, auditing, and AML compliance. Outcomes shall be sharedContinue Reading