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NY Fed launches 12-week CBDC pilot program with major banks

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Banking giants including BNY Mellon, Citi, U.S. Bank, and Wells Fargo will be issuing tokens and settling transactions through simulated central bank reserves as part of the pilot.

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Bitget plans Thai crypto exchange acquisition weeks after $388M hack

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The proposed acquisition would give Bitget a route into Thailand’s crypto market through a locally licensed operator.

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Mt. Gox pushes creditor repayment deadline to 2027 in sixth extension

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Mt. Gox extended its repayment deadline by another year as some creditors remain unpaid due to incomplete procedures and payment processing issues.

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JPMorgan projects Bitcoin to outperform US stocks and gold over next decade

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JPMorgan included Bitcoin in its long-term capital market outlook for the first time but warned that volatility and unstable correlations limit its role in investment portfolios.

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