Tag: Reserve

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Vancouver Mayor’s Bitcoin Reserve Dream Hits Legal Wall

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Vancouver city staff have recommended that councillors drop Mayor Ken Sim’s Bitcoin...

Chamath Palihapitiya questions BTC’s role as central bank reserve asset

Billionaire investor Chamath Palihapitiya, a venture capitalist and former Facebook executive, recently argued that bitcoin has a “structural failing” that could limit its long...

US Bitcoin Reserve Has No Purchase Plans

One year ago, US President Donald Trump signed an executive order establishing a strategic crypto stockpile. Now, one year later, its value has decreased...

Kraken’s Banking Arm Secures Federal Reserve Master Account

Kraken Financial received a limited purpose Fed master account, marking a notable milestone for crypto-TradFi integration.Kraken Financial, the banking arm of U.S. centralized exchange...

Banking lobby decries Kraken bagging ‘skinny’ Federal Reserve account – DL News

Kraken has been granted a master account with the Fed.It is seen as a milestone for the once beleaguered crypto industry.Yet, the banking lobby...

Kraken Bank Secures Federal Reserve Master Account, Marking Historic Crypto Entry Into US Payment Rails

Kraken Financial gained direct access to the Federal Reserve’s payment system, with the Fed confirming approval while imposing initial restrictions, marking a bullish step...

Kraken Secures Federal Reserve Master Account

US cryptocurrency exchange Kraken’s banking unit has been granted a limited-purpose master account by the US Federal Reserve Bank of Kansas City, giving it...

Tether taps Deloitte for first USAT reserve report

Leading stablecoin issuer Tether has secured a sign-off from Deloitte for the first reserve report tied to its new U.S.-regulated stablecoin, after years struggling...

Anchorage Digital and Tether Release First USAT Stablecoin Reserve Report

Anchorage Digital Bank and Tether’s U.S.-focused stablecoin venture released their first reserve report this week, showing the stablecoin token USAT fully backed by dollar-denominated...

Tether, Anchorage Tap Deloitte for First USAT Stablecoin Reserve Report

In brief Deloitte penned USAT’s first attestation report on behalf of issuer Anchorage Digital. The Big Four accounting firm began working for Circle in 2023. Tether signaled...

War With Iran May Spark Federal Reserve Intervention, Arthur Hayes Says

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Iran and the Middle East are on fire again. US and Israeli...

Bitcoin Treasury Shake-Up: GD Culture Approved to Sell Entire 7,500 BTC Reserve

It appears another digital asset treasury (DAT) outfit is waving the white flag, as GD Culture Group Limited disclosed on Wednesday that its board...