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Showing posts with the label financial institutions

Ripple CEO Brad Garlinghouse Calls Banks ‘Hypocritical’ For Blocking Crypto Access

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Ripple CEO Brad Garlinghouse called banks “hypocritical” for demanding crypto firms strictly comply with anti-money laundering rules and other safeguards while also blocking them from banking system infrastructure. “You can’t say one and then combat the other,” he said, while speaking at DC Fintech Week. ”It’s hypocritical, and I think we all should call them out for being anti-competitive in that regard.” Ripple has applied for a national trust charter and a Federal Reserve master account, which, if approved, would give it greater access to US banking infrastructure. Ripple’s Brad Garlinghouse: Policy, Innovation, and the Future of Global Financ At DC Fintech 2025 pic.twitter.com/SQngi5pfmb — 𝗕𝗮𝗻𝗸XRP (@BankXRP) October 15, 2025 Garlinghouse’s remarks come after crypto-native companies including Ripple, Circle, Wise, and Erebor Bank filed for national bank or trust charters.  A...

Could BRICS Create a Rival to the IMF and World Bank?

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BRICS is looking at alternatives to the IMF and the World Bank, citing the two being biased toward the West. Before diving in, let’s understand what these two organizations do. The International Monetary Fund (IMF) oversees global development, ensuring the stability of the financial system. The IMF monitors international economic policies and promotes financial stability. On the other hand, the goal of the World Bank is to develop poor nations and reduce poverty in the short and long term. They provide financial and technical assistance to help countries develop. Why Is BRICS Dissatisfied with the IMF and World Bank? Source: Watcher.Guru The BRICS alliance calls the IMF and World Bank the Western-led financial institutions. The voting powers in both organizations heavily favor the US and Europe. When the IMF disburses loans to developing countries, it comes with policy demands and unpopular opinions. The bloc claims bias, accusing the institutions of pushing Western ideology and p...

Chainlink Prediction: LINK May Break Through $32 This Month

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There was no shortage of excitement for a plethora of cryptocurrencies entering 2025. Now, with January in the books, the market is reassessing what to expect from a lot of those assets. Among them is Chainlink, with a host of predictions pointing to LINK potentially breaking through $32 this month. The asset has ended the first month of the year up far more than in 2024. Moreover, it has surged immensely over the last 12 months. With the network still connected to some of the biggest financial institutions in the world and growing tokenization initiatives, LINK could soon reap the rewards. Source: Crypto Valley Journal Also Read: Chainlink to $60? LINK Predicted to Skyrocket in 2025 Bull Market Chainlink February Prediction: How High Can Link Go? The cryptocurrency market shift expected to take place in 2025 has already begun. The United States has initiated the process of overhauling its crypto policy. Moreover, there is no shortage of interest in the assets as the industry itself gr...