McKernan's departure may delay fintech and crypto regulation, impacting policy development amid ongoing legislative debates on digital assets.
The post Treasury Undersecretary for Domestic Finance McKernan departs after less than a year appeared first on Crypto Briefing.
The post Plume puts Bitwise and Invesco funds inside Binance Wallet appeared on BitcoinEthereumNews.com.
Binance Wallet has added Plume’s institutional yield vault, nBASIS, giving users on-chain access to tokenized fund products tied to Bitwise and Invesco. The rollout brings real-world asset yield into a crypto wallet interface. Summary Binance Wallet users can now access tokenized Bitwise and Invesco funds through Plume’s nBASIS vault. The vault links crypto wallets with Treasury and market-neutral strategies from established asset managers. Plume’s latest rollout follows earlier RWA vault deals with Ether.fi, Bybit and other DeFi platforms. Through the vault, eligible users can access the Bitwise Crypto Carry Fund, known as USCC, and Invesco’s Short Duration U.S. Government Securities Fund, known as USTB. Plume said USCC has more than $225 million in assets under management, while USTB holds more than $950 million. The launch gives Binance Wallet users a route to managed fund strate
The post Why Vanguard Wants a Digital Assets Lead Now appeared on BitcoinEthereumNews.com.
Vanguard is hiring a Head of Digital Assets. That single line would have sounded far-fetched a couple of years ago. Today it reads like an overdue alignment with where money and market plumbing are heading. This piece unpacks what the role actually covers, why ETF firms that avoided crypto headlines still need crypto talent, and how tokenization, stablecoins, and custody plans show up inside a conservative shop. We will keep it practical, because the stakes are operational, not theoretical. If you work in wealth, product, or risk, you will walk away with a checklist for what matters and what to avoid as incumbents build digital asset teams. ETF giants need crypto talent because client assets, market rails, and back-office workflows are tilting toward blockchains whether or not a firm sells a flashy crypto fund. Vanguard’s new role signals a multi-year roadmap that touches strategy, governance, cu
The post India Maintains Tough Crypto Position as RBI Renews Warning Against Digital Assets appeared on BitcoinEthereumNews.com.
The RBI of India once again reiterated its recommendation for keeping cryptocurrencies and privately held stablecoins out of the regulated financial system. Indian revenue officials have cautioned that offshore exchanges, private wallets, and P2P transactions involving crypto remain difficult to report and enforce. India is currently evaluating its crypto policy in the long run. While the regulatory bodies adopt a cautious stance towards digital assets. According to recent internal government papers, the RBI has reiterated its recommendation regarding restrictions on cryptocurrencies and stablecoins. Reuters reported any cryptocurrencies. Also, keeping themselves free from direct exposure to digital assets. The officials of the RBI believed that restricting financial institutions’ involvement would help avoid the problem of financial contagion within the coun
The post Nexo launches crypto card in Argentina as Latin America push grows appeared on BitcoinEthereumNews.com.
Nexo launched the Nexo Card in Argentina, giving eligible users a way to spend digital assets or borrow against them through one product. The card supports debit mode for direct spending and credit mode for borrowing against crypto collateral without selling holdings. Nexo’s dual-mode card lets eligible Argentine users spend crypto or borrow against holdings without selling. Buenos Aires now anchors Nexo’s Latin America strategy after Buenbit acquisition and Argentina football partnership. Andres Ondarra’s appointment gives Nexo a local lead with finance, fintech and crypto experience depth. The company said users can switch between both modes inside one interface. Nexo also said the card supports purchases in Argentine pesos and U.S. dollars, with cashback on eligible spending and interest on idle in-app balances. Nexo said the product is available through its app and websi
Warsh's testimony could redefine the Fed's approach to digital assets, influencing future monetary policy and regulatory frameworks.
The post Federal Reserve Chair Kevin Warsh to testify on monetary policy July 15 appeared first on Crypto Briefing.
