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French financial institution CACEIS has obtained approval to custody cryptocurrencies

CACEIS, a subsidiary of Crédit Agricole and the asset servicing branch of Santander, has obtained regulatory approval from French authorities to offer cryptocurrency custody services. The bank has registered with the French Financial Markets Authority (AMF), and this move comes within the advanced regulatory...

Chinese credit agency downgrades US credit rating due to debt concerns

The decision of the Chinese credit agency to downgrade the US credit rating raises concerns and warnings regarding the current financial situation of the United States and its potential global impact. This downgrade comes at a time when the US economy is experiencing intense...