Financial news articles
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Stablecoins Gain Ground as Global Financial Asset – News Bytes Bitcoin News
According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a global financial asset. Legislation efforts in the U.S., such as the Lummis-Gillibrand Payment Stablecoin Act, aim to […]
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Ant Bank 2023 Loss Narrows to $180M AASTOCKS Financial News - Popular News
Ant Bank released its annual results ended December 2023. Net interest income amounted to $58.419 million, up 2.9x YoY. Loss for the year...
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Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments – Bitcoin News
Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also acknowledged that while not being controlled for this use case, digital assets were already being used to settle international payments. […]