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Tag: banking

Posted on 07/05/2025

Trump’s crypto ventures cause tensions to bubble over as Democratic lawmaker scuttles key hearing

Tensions on Capitol Hill over President Donald Trump's various cryptocurrency ventures escalated on Tuesday and threatened to derail the digital asset sector's hope of legislation by the end of this ...

Posted on 07/05/2025

New Hampshire just became the first state to establish a crypto reserve

New Hampshire is the first state to approve purchases of digital assets by its state treasurer. Bills have surfaced in other states but have lost steam.

Posted on 07/05/2025

Mitsubishi Heavy talks to 200 suppliers to rebuild Japan nuclear reactors

TOKYO -- Mitsubishi Heavy Industries is in discussions with over 200 part suppliers with the goal of replacing nuclear reactors in Japan with a more advanced model, Nikkei has learned.

Posted on 07/05/2025

Leak Reveals Wall Street Is Quietly Gearing Up For A Huge Bitcoin And Crypto Price Boom

One of Tower Research Capital’s trading groups has “increased capital allocation to its crypto trading book,” and upgraded its crypto market making infrastructure, the sourc

Posted on 07/05/2025

As Scam TradingView YouTube Channels Hack Crypto Wallets, Best Wallet Claims Top Spot In Security, ICO Passes $12M

Amid reports of fake TradingView YouTube channels draining user wallets, the Best Wallet ($BEST) presale has surpassed $12 million in funding.

Posted on 06/05/2025

Why Stablecoin Issuers Could Displace Japan And China As The Biggest Buyers Of U.S. Treasury Securities

As the Trump administration fast-tracks stablecoin regulation, analysts are beginning to predict surging demand for U.S. Treasurys.

Posted on 06/05/2025

Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & Crypto – European Wrap 6 May

Bitcoin (BTC) price is hovering around $94,000 at the time of writing on Tuesday after failing to close above the key resistance level of $97,700 last week. On-chain data shows that BTC holders are realizing profits. Additionally, BTC’s dormant wallets are moving, and if tokens are sent to exchanges, the selling pressure could increase.

Posted on 06/05/2025

U.S. Crypto Market Structure Bill Unveiled by House Lawmakers

As a successor to the so-called FIT21 bill in the last session, the committee chairs in the House have released a discussion draft of a market structure bill.

Posted on 06/05/2025

Trump once scoffed at crypto. Now as President, he’s making millions on it.

CNN’s Anderson Cooper examines how President Donald Trump and his family are boosting their wealth via crypto despite potential conflicts of interest.

Posted on 06/05/2025

Crypto surges Trump’s wealth as consumer confidence hits post-pandemic low

While a growing number of Americans remain concerned over the state of the economy, President Donald Trump's net worth has seen a massive increase.

Posted on 06/05/2025

SMBC in talks to buy stake in India’s Yes Bank, Economic Times reports

Japan's Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to buy a stake in India's Yes Bank, the Economic Times reported on Tuesday, citing people aware of the matter. The move could ...

Posted on 06/05/2025

Yes Bank share price skyrockets 10% after reports of acquisition by Japan’s SMBC

Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has secured approval from the Reserve Bank of India (RBI) to acquire 51% in Yes Bank, Mint reported.

Posted on 06/05/2025

Japan’s SMBC in talks with SBI for Yes Bank stake acquisition

Japan’s financial conglomerate Sumitomo Mitsui Banking Corporation (SMBC) is back in the fray to acquire controlling stake in Yes Bank. Highly placed sources aware of the deal talks say the State Bank ...

Posted on 06/05/2025

Is Yes Bank getting a Japanese lifeline? Sumitomo Mitsui reportedly eyes majority stake

Yes Bank is in the spotlight today as reports suggested that Japanese giant Sumitomo Mitsui Banking Corp. (SMBC) is inching closer to buying a stake in the private lender. The talks, which have been ...

Posted on 06/05/2025

YES Bank shares: Japan’s SMBC may buy significant stake, open offer to follow, says report

YES Bank shares are down 26 per cent in the past one year and 34 per cent in the past five years. SBI, which owned a 24 per cent stake in the bank, could be among the sellers, the report said.

Posted on 06/05/2025

Key Crypto Bill Imperiled By Trump Crypto Firm’s Deal With Emirati State-Owned Fund

The crypto industry advocated for the GENIUS (Guiding and Establishing National Innovation for US Stablecoins) Act to establish a regulatory framework for stablecoins, which are often tethered to the ...

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