Bank of Italy Chief: Digital Euro Crucial for Crypto Risk Management, Not Just MiCA
Fabio Panetta, the Governor of the Bank of Italy and former European Central Bank (ECB) executive, has emphasized that the digital euro is essential to mitigate the risks tied to the rising use of cryptocurrencies. In his closing remarks included in the Bank of Italy’s annual economic report released on May 30, Panetta stressed the […]
Stripe Sees Strong Bank Interest in Stablecoins, Exec Says
Global payments firm Stripe has begun early talks with banks about the use of stablecoins, highlighting a shift in how traditional financial institutions view crypto integration. Following the launch of stablecoin-enabled accounts in 100 countries earlier this month, Stripe has seen a surge of attention from banks around the world regarding this technology — digital […]
Bitcoin ETFs End Inflow Streak as Most See Withdrawals — Except BlackRock
After a steady run of inflows, U.S. spot Bitcoin ETFs experienced their first collective outflow in over two weeks on May 29 — with BlackRock’s fund standing alone as the only one to attract net new investments. According to data from CoinGlass, the 11 spot Bitcoin ETFs posted a combined net outflow of $347 million, […]