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Bloomberg (Crypto)

Latest coverage curated from Bloomberg (Crypto)

Bloomberg's comprehensive coverage of cryptocurrency markets, regulation, and institutional adoption.

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Crypto.com Joins Digital-Asset Firms Pursuing US Bank Charters

Crypto.com Joins Digital-Asset Firms Pursuing US Bank Charters

Crypto.com became the latest cryptocurrency firm to pursue a US bank charter as it seeks to further its custody-service business for products such as digital-asset treasuries and exchange-traded funds...

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1 min
Stablecoin Leader Tether Expects Profit to Increase to $15 Billion This Year

Stablecoin Leader Tether Expects Profit to Increase to $15 Billion This Year

Tether Holdings Ltd. expects close to $15 billion in profit this year, as the stablecoin issuer’s rapid growth continues to attract investors keen to back the closely-held company....

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1 min
Crypto Miner Evokes ‘Barbarians at the Gate’ With Huge Junk Deal

Crypto Miner Evokes ‘Barbarians at the Gate’ With Huge Junk Deal

TeraWulf Inc.’s $3.2 billion debt deal to expand a data center garnered a comparison to one of the high-yield market’s most acclaimed moments....

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1 min
JPMorgan to Allow Bitcoin and Ether as Collateral in Crypto Push

JPMorgan to Allow Bitcoin and Ether as Collateral in Crypto Push

JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of the year in a significant deepening of Wall Street’s crypto i...

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1 min
Stablecoins Versus CBDCs: The Showdown Over the Future of Money

Stablecoins Versus CBDCs: The Showdown Over the Future of Money

A battle over digital currencies is pitting the US against Europe and China...

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1 min
Metaplanet Is Being Served Market Justice While CZ Wins Clemency

Metaplanet Is Being Served Market Justice While CZ Wins Clemency

Suvashree Ghosh takes a look at one of the key participants in what’ had been one of the hottest corners in the crypto and stock markets....

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1 min
Binance’s Token Surges After Founder Zhao Is Pardoned by Trump

Binance’s Token Surges After Founder Zhao Is Pardoned by Trump

Binance Coin, a cryptocurrency also known as BNB that is the main transactional token on its namesake digital asset platform, jumped as much as 8% after exchange co-founder Changpeng Zhao received a p...

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1 min
Binance Founder Zhao Pardoned by Trump in Latest Crypto Clemency

Binance Founder Zhao Pardoned by Trump in Latest Crypto Clemency

Binance co-founder Changpeng Zhao has received a pardon from President Donald Trump after he went to jail for failing to safeguard the world’s largest crypto exchange against money laundering....

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1 min
Crypto Leaders Hit Capitol Hill to Push Market Structure Bill

Crypto Leaders Hit Capitol Hill to Push Market Structure Bill

About a dozen crypto industry leaders including Coinbase Global Inc. Chief Executive Officer Brian Armstrong and Chainlink Labs’ Sergey Nazarov met with Democratic and Republican leaders Wednesday for...

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1 min
T. Rowe Is Aiming to Beat an Index of Investments — in Crypto

T. Rowe Is Aiming to Beat an Index of Investments — in Crypto

T. Rowe Price Group Inc. is planning to launch its first cryptocurrency fund, a bold move for the mutual-fund giant that mostly trades in traditional stocks and bonds....

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1 min
Man Group, LGT Capital Say Crypto Yet to Win Over Investors

Man Group, LGT Capital Say Crypto Yet to Win Over Investors

Man Group Plc, the world’s largest publicly traded hedge fund, and LGT Capital Partners said they haven’t seen investor appetite yet for crypto hedge fund strategies, with inefficiencies and operation...

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1 min
Crypto Firm Cryptomus Fined a Record $126 Million by Canada Regulator

Crypto Firm Cryptomus Fined a Record $126 Million by Canada Regulator

Crypto firm Xeltox Enterprises Ltd. received the largest penalty on record from Canada’s anti-money-laundering agency for allegedly breaching the rules on suspicious transactions thousands of times in...

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1 min