Fidelity Investments has launched a new IRA plan that lets investors directly invest in crypto, including bitcoin, ether and litecoin. The Fidelity Crypto IRA was launched Wednesday (April 2) and joins several crypto exchange-traded funds offered by Fidelity that enable investors to track the prices of digital...
Ripple has integrated its U.S. dollar-denominated stablecoin, Ripple USD (RLUSD), into its cross-border payment solution, Ripple Payments. RLUSD features built-in global enterprise utility that improves the speed and efficiency of cross-border payments, the provider of digital asset infrastructure for financial institutions said in a Wednesday...
Crypto is going mainstream in America, and it’s not an April Fools’ joke. In a move that underscores the evolving and even productive relationship between traditional finance and the cryptocurrency sector, Circle Internet Financial, the issuer of the USDC stablecoin, is reportedly preparing for an...
American Bitcoin Corp., a joint venture announced Monday (March 31) by bitcoin mining firm Hut 8 and an investor group that includes President Donald Trump’s two older sons, reportedly plans to go public. The company, which is a crypto mining venture, will go public eventually...
Several cryptocurrency tokens plummeted by as much as 50% during a half-hour window Tuesday (April 1) on the Binance trading platform. As Coindesk reported, the event left market observers speculating whether a misconfigured trading bot could have caused the drops, though there was no immediate...
Cryptocurrencies and crypto-linked stocks have reportedly slumped alongside the S&P 500 Index amid traders’ concerns about a global trade war and a possible recession. Bitcoin has lost more than 10% of its value and Ether has lost more than 45% since the beginning of the...
Cryptocurrencies could soon be considered financial products under Japanese law. The country’s Financial Services Agency (FSA) is working on revising the Financial Instruments and Exchange Act to change the legal status of crypto assets, the Nikkei reported on Sunday (March 30), without citing specific sources....
Multinational corporations, FinTech platforms and even banks are increasingly eyeing blockchain solutions for cross-border payments, liquidity management and programmable finance. But many can hit a wall when it comes to integrating stablecoin infrastructure that is secure, compliant, scalable and actually usable by corporate finance teams....
Circle is teaming with Intercontinental Exchange (ICE) to explore the broader use of stablecoins. The partnership, announced Thursday (March 27), will see ICE — operator of The New York Stock Exchange (NYSE) — explore the use of Circle’s USDC stablecoin to develop new products and solutions for its customers. “ICE’s reputation and...
