News list for " banking"
On May 19, according to the official announcement of Binance, Binance Wealth Management launched ETH Capital Guaranteed Currency Earning Current Products. New users who subscribe for no less than 0.05 ETH current products can get up to 3,000 USDC red envelopes. In addition, users who hold ETH Capital Guaranteed Currency Earning Current Products can enjoy an annualized rate of return of up to 3.3% (including a 2% stepped annualized rate of return and a real-time annualized rate of return).
Federal Reserve Governor Bowman: If confirmed (on Capitol Hill), I will ensure a path for innovation in the banking industry.
Mantle officially announced that it will launch its flagship products Mantle Banking and Mantle Index Fund (MI4) in Q2. Known as the "S & P 500 of cryptocurrencies," Mantle Index Four (MI4) is an institutional-grade tokenized index fund built in partnership with Securitize. The portfolio currently includes BTC (50%), ETH (26.5%), SOL (8.5%), stablecoins (15%), and offers enhanced staking returns (mETH, bbSOL, sUSDe).
Mantle官方发文宣布，即将在Q2推出旗舰产品Mantle Banking和Mantle指数基金（MI4）。 Mantle 指数基金Mantle Index Four (MI4) 被称作“加密货币的标普500”，是与Securitize合作构建的机构级代币化指数基金。投资组合目前包括BTC（50%）、ETH（26.5%）、SOL（8.5%）、稳定币（15%），并提供增强的质押收益（mETH、bbSOL、sUSDe）。
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.
