Crypto Breaking News

Canada’s banking regulator has confirmed tokenised deposits are legally equivalent to traditional bank deposits.

Russia has made tax identification numbers mandatory for clients opening digital-depository accounts for cryptocurrency and digital rights.

As Swedish voters head to the polls on Sunday, Prime Minister Ulf Kristersson of the Moderates is seeking a second term for his center-right government in a race that has tightened sharply in the final weeks. The four-party opposition led by Social Democrat Magdalena Andersson has 50.7% support against 48.1% for the ruling bloc, according to the latest poll for broadcaster TV4. Charles Daly reports from Stockholm.

Helene Huby, The Exploration Company CEO and Founder, talks to Bloomberg's Daybreak Europe about raising $450 million in funding to help boost the development of Europe's first reusable space capsule and a new rocket engine, which it says would be the largest in the region.

Danmarks Nationalbank has warned that growing stablecoin use could eventually affect Denmark’s payments, financial stability and monetary policy.

India has launched a blockchain pilot for tokenised corporate bonds across its US$620 billion market, using central-bank digital money for settlement.

Nu has launched US banking products through Lead Bank while introducing a stablecoin-based account for international customers.

Sam Bankman-Fried has asked the US Supreme Court to overturn his conviction over the collapse of FTX.

The European Central Bank gathered to deliver an interest rate hike this week against a back drop of rising global bond yields, spiralling energy prices and growing political risk. Following a state election win for German's far-right AfD party in Saxony-Anhalt, attention now turns to an array of elections across multiple European countries in 2027. France in particular stand out as an area for concern for investors as the country navigates political divide and a shaky fiscal outlook. The Opening Trade spoke to guests about the biggest challenges facing European nations at a time of heavy pressure on public finances.

Chinese President Xi Jinping will visit India this weekend to attend the BRICS summit, marking his first trip to the country since 2019. But Observer Research Foundation's Antara Ghosal Singh says while progress has been made on the India-China border issues, economic ties between both sides remain challenging. She spoke with Bloomberg's Insight with Haslinda Amin.

Bond bears are pushing benchmark Treasury yields toward the closely-watched 5% level ahead of US inflation data that stands to determine expectations for a Federal Reserve interest-rate hike next week. Bloomberg MLIV's David Savage reports.

Brent oil traded near $107 barrel as fighting between Yemen-based Houthi militants and Saudi-backed forces intensified. The global benchmark surged more than 6% in the previous session and is on track for its biggest weekly gain since July. Bloomberg's Ben Sharples reports.