Crypto exchanges are evolving into multi-asset financial infrastructure. Explore the implications for wealth managers, traditional brokers and neobanks...
Corporate treasurers move more than $23 trillion dollars across borders every year, equivalent to a quarter of global GDP. Yet the underlying infrastructure that supports this flow is outdated, fragmented and expensive. The result is a cost burden of roughly $120 billion dollars per year on cross-border payments alone per JPMorgan’s report. These costs are fed through multi-layered correspondent banking chains, trapped liquidity, opaque FX spreads, time-zone driven delays an
The future of digital assets is being shaped today. Here are the top developments you need to know to stay updated this week 👇 1️⃣ Basel Banking Committee to overhaul crypto capital rules for banks The Basel Committee on Banking Supervision will revisit its crypto capital rules that require banks to hold $1 capital for every $1 of crypto on balance sheet, after the US and UK refused to implement them. Details & Analysis: https://lnkd.in/eDBemcfk 2️⃣ The OCC, the primary regu
