Features Crypto News by Thebittimes.Com

Morgan Stanley says it is close to offering crypto trading to its customers through E-Trade, the firm said in a Memo read by CNBC on Tuesday. The offering is reportedly just months away from coming to fruition, a massive step for the Wall Street giant into the world of crypto and digital wealth. The memo states that the firm is working with the startup Zerohash for liquidity, custody, and settlement around crypto trading. “We are well underway in preparing to offer crypto trading through a partner model to E-Trade clients in the first half of 2026,” Jed Finn, head of wealth management at Morgan Stanley, said in the memo. “Offering clients the ability to trade crypto is the tip of the iceberg,” Finn said. Morgan Stanley acquired E-Trade back in 2020 through a massive $13 billion deal that essentially enhanced the bank’s online trading capabilities. Through this acquisition, direct access to a substantial retail investor base was gained, and these clients will soon...

The Gemini crypto exchange is launching a Ripple XRP edition of its credit card, rewarding users with 4% XRP back on eligible purchases. With the XRP edition of the Gemini Credit Card, customers can earn up to 4% back in XRP on gas, EV charging, and rideshare, 3% back on dining, 2% back on groceries, and 1% back on other purchases. Gemini is also partnering with select merchants to offer up to 10% back on qualifying purchases for all Gemini Credit Card holders. JUST IN: Gemini launches $XRP credit card. pic.twitter.com/8b8KSXvh1m — Watcher.Guru (@WatcherGuru) August 25, 2025 Gemini is also expanding access to the Ripple USD (RLUSD) stablecoin. The Gemini exchange listed the RLUSD stablecoin earlier this year. The launch of the new credit card also ensures that it’s easier for traders to move between RLUSD and any other asset on Gemini. “The Gemini Credit Card is a bridge to the future of finance. By introducing a special XRP edition of the Gemini Credit Card, we’re giving cu...

Robinhood Crypto LLC is being investigated by Florida’s attorney general, which accuses it of misleading customers about the platform’s costs. According to a July 10 statement by Florida’s attorney general’s office, Robinhood’s claims to be the “least expensive way to purchase crypto” are “deceptive” and lack any substantiating evidence.  Robinhood Crypto Issued A Supoena  As part of the investigation, the trading firm has been hit with a subpoena by the attorney general demanding all marketing material and internal documents related to the company’s crypto services and fee structure.  Attorney General James Uthmeier said in the statement that crypto is “a vital component of Florida’s financial future,” and accused Robinhood of breaking Florida’s Deceptive and Unfair Practices Act. “When consumers buy and sell crypto assets, they deserve transparency in their transactions,...

German banking giant Sparkassen-Finanzgruppe plans to give its more than 50 million customers access to crypto trading by the summer of 2026. According to a June 30 Bloomberg report , a bank already involved in crypto and owned by Sparkassen, called Dekabank, has been selected to manage the new crypto service through the Sparkasse app. The product targets “self-determined” investors looking for direct access to digital assets. Sparkassen-Finanzgruppe Still Sees Crypto As Highly Speculative Executives at the bank had previously ruled out crypto-related services and expressed concerns regarding crypto’s volatility and other associated risks. The bank also blocked its customers from purchasing crypto back in 2015. Although the recent move signals a potential change in stance, the banking conglomerate has reiterated that its “position remains clear, cryptocurrencies are highly speculative investments.”  Sparkassen-Finanzgruppe added that there will ...

The landscape of the digital asset industry is changing and is changing rapidly. Moreover, those shifts have seen a growing likelihood that financial services entities will enter the evolving cryptocurrency market. That was confirmed this week by Bank of America CEO Brian Moynihan, who recently said they are preparing to launch their own USD-pegged crypto stablecoin. Speaking to Dave Rubenstein, Moynihan said, “It’s pretty clear there’s going to be a stablecoin.” Moreover, he discussed the stablecoin market, noting their function makes the asset similar to any “money market fund with check access or a bank account.” "It's pretty clear there's going to be a stablecoin, which is going to be a fully dollar-backed… it’s no different than a bank account," says Bank of America CEO Brian Moynihan. Watch this episode of Peer-to-Peer with David Rubenstein March 12th https://t.co/gHGN19L3VX pic.twitter.com/rhVDtwT8uQ — Bloomberg TV (@BloombergTV) February...

Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy. What is monetary policy? Monetary policy refers to the actions taken by a central bank or monetary authority to manage the supply of money and interest rates in an economy, with the aim of promoting economic growth and stability. To affect the price and accessibility of credit, this may entail altering the money supply, setting interest rates or utilizing other instruments.  The ultimate goal of monetary policy is to achieve and maintain a healthy economy. This usually involves balancing multiple objectives, such as: To ensure economic stability, lessen the effects of economic shocks and promote sustainable economic growth, central banks carefully control the money supply and interest rates. However, depending on the unique circumstances and requirements of each economy, monetary policy’s exact goals and tactics may change. Types of monetary policy There are two m...

Xiao Feng, Wanxiang Blockchain CEO Before March 1 next year, it is legal to set up a so-called virtual asset exchange in Hong Kong, if only trading BTC, ETH, etc., no one can stop it. In fact, according to the regulator, before March 1 next year, those who apply for a license to the regulator are a kind of voluntary acceptance of regulation. But March 1 next year, with Hong Kong's anti-money laundering regulations revised in the Legislative Council after the passage of the mandatory licensing system management, that is, no matter how, in Hong Kong do engage in any of crypto or virtual asset-related business, not necessarily to open exchanges, is to provide wallet services need to apply for a license, otherwise it can not be done. How to interpret the new policy in Hong Kong, I think we can interpret it from several levels. The first level is that the head of financial technology of the Hong Kong Securities and Futures Commission, that is, the head of the review of our license menti...

Source: the Hong Kong Monetary Authority The authorities of China’s Hong Kong Special Administrative Region are expected to present a policy statement on the development of the city’s digital assets market at the forthcoming Hong Kong Fintech Week event.  “The policy statement will make our policy stance on virtual assets clear to the global markets. It will also demonstrate our commitment and determination to explore financial innovations together with the global virtual-assets community,” Hong Kong Secretary for Financial Services and the Treasury Christoper Hui Ching-yu told local paper China Daily. The conference is scheduled to be held between October 31 and November 1, hosting a number of debates between local government officials, executives, and industry observers, as indicated by the event&rsquo ;s agenda.  The conference is expected to accommodate more than 500 representatives of financial institutions from across the world...