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Standard chartered
As the cryptocurrency landscape undergoes a volatile shift, Standard Chartered, a global banking behemoth, has voiced concerns about Bitcoin’s (BTC) … Continue reading
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The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.
Libeara will enable the creation of a tokenized Singapore dollar government bond fund.
SC Ventures and SBI Holdings’ Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization.
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across financial asset classes.