Raoul Pal, a well‑known macro investor, argues that banks will eventually adopt Ethereum. He counters the earlier claim that “Ethereum is dead” by highlighting how financial institutions value proven, stable systems. Pal notes that banks fear losing jobs if they switch to untested technology; theref
Citigroup will reveal its first‑quarter earnings before the market opens on Tuesday. Wall Street’s expectations are clear: about $2. 65 per share in earnings and roughly $23. 55 billion in revenue, according to LSEG data. The bank’s net interest income is projected at $15. 5 billion, while its tradi
Ujjivan Small Finance Bank has announced that the Reserve Bank of India (RBI) will require it to show a more varied loan portfolio before approving its shift from a small finance bank to a universal bank. The RBI’s feedback highlighted that while the bank has been working on diversifying its lend
Banks are stepping away from some commodity payments because of worries about hidden ties to Iran. The result is a surge in the use of stablecoins, especially Tether’s USDT, by traders who need quick and reliable ways to move money. The global trade finance market is worth about $2 trillion, b
Lawmakers in the U. S. are trying to create clear guidelines for cryptocurrencies, but progress is slow. Experts estimate there’s only about a one-in-three chance the new rules will pass in 2025. Some even predict the odds are closer to one in four. The main issue isn’t just about passing the rules—
Back in 2011, a little-known crypto exchange called Kraken quietly started what would later become a major talking point in U. S. finance. Fast-forward 13 years, and the Wyoming-based platform just scored something rare: a direct line to the Federal Reserve’s payment network. Think of it like gettin
The White House’s push to let stablecoin holders earn returns on their investments has set up a clash with banks over who controls the future of digital money. These coins, which stay locked at $1 value, act like digital cash in the crypto world. They’re backed by short-term U. S. government bonds,
Many business leaders know digital money is coming, and fast. A global survey showed that nearly all company bosses and investors expect online banking and tokenized assets to speed up over the next five years. Yet, most admit they haven’t figured out how to use these tools in their own companies. O
Big banks like JPMorgan can't keep treating blockchain tech like a side project anymore. Jamie Dimon says his own company needs to speed up, or lose ground to smaller rivals using tokens and smart contracts to handle money differently. Tokenization is turning real things—like government bonds or sh
A group of Wall Street giants is quietly reshaping how cryptocurrencies could work in the future. Firms like Citadel, Fidelity, and Schwab have backed EDX Markets, which is now asking for a special federal banking license. Their goal? To build a system where crypto trades and holdings follow the sam
