South Korea plans unified crypto law
South Korea is preparing a consolidated digital asset law to replace several existing cryptocurrency regulations.
South Korea is preparing a consolidated digital asset law to replace several existing cryptocurrency regulations.
Ten European financial institutions have launched Regulated Layer One (RL1), a blockchain network built for regulated financial markets.
Deutsche Bank AG Chief Financial Officer Raja Akram says trading started "constructively" in July, continuing the momentum from the previous month. He tells Bloomberg's Oliver Crook the "pipelines look pretty full" both on the market side and on the investment banking side. Akram speaks on Bloomberg Television as the bank announced revenue from fixed-income trading jumped in the second quarter as the unit outperformed most of its US peers.
Deutsche Bank said second-quarter fixed-income trading revenue rose 16% from a year earlier to a record 2.6 billion, beating analyst estimates and outperforming most of its Wall Street peers. Speaking to Bloomberg Television's Oliver Crook, Chief Financial Officer Raja Akram said trading has continued that momentum into July, describing the start of the month as "constructive." He added that the "pipelines look pretty full" on both the markets and investment banking sides and said the bank will "comfortably" reach its full year revenue target and if things go well, it could be "potentially a little bit better".
Tether has signed a memorandum of understanding with the Nairobi Securities Exchange to explore the tokenisation of financial assets.
Michael Saylor has criticised supporters of Bitcoin Improvement Proposal (BIP) 110, saying Bitcoin (CRYPTO:BTC) does not require the proposed protocol changes.
The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing the risk of a return to full-blown war in the Middle East. Bloomberg's Abeer Abu Omar has the latest.
1inch has launched Aqua, a new system that connects decentralised finance (DeFi) liquidity across 11 blockchain networks.
Ethereum (CRYPTO:ETH) and Solana (CRYPTO:SOL) recorded the highest crypto hack losses during the first half of 2026, according to blockchain security firm Blockaid.
Emirates has partnered with Crypto.com to let customers in the United Arab Emirates pay for flights using cryptocurrency.
Bitcoin (CRYPTO:BTC) could benefit if the US Federal Reserve adopts a more dovish tone after its latest policy meeting, according to market analysts.
The International Monetary Fund (IMF) said stablecoin activity in Brazil has grown faster than some traditional cross-border capital flows.