1d ago
Brazil’s Central Bank fines Banco Topazio $3.2M and bars crypto FX trading for 2 years
Brazil’s Central Bank, through its Copas committee, imposed a two-year ban on Banco Topazio’s foreign purchases and sales of cryptocurrency assets and issued a $3.2 million fine. The decision cites compliance failures between October 2020 and September 2021, when crypto trades totaling $1.7 billion were executed involving 15 legal entities without reporting atypical operations. Regulators said these transactions represented 63% of the bank’s foreign exchange volume during the period and flagged deficiencies tied to AML/CFT risk controls.
BTC
BTC-2.30%
1d ago
1d ago
Jane Street trims BlackRock Bitcoin ETF stake 71% and adds $82M to Ether ETFs in Q1 2026
In Q1 2026, Jane Street reduced multiple bitcoin-linked positions while expanding exposure to ether ETFs and several crypto-related equities. Its BlackRock spot Bitcoin ETF holding fell about 71% to roughly 5.9 million shares, while combined additions to two ether ETFs totaled around $82 million. The firm also increased positions including Riot Platforms and Galaxy Digital as it diversified its reported holdings.
BTC
BTC-2.30%
1d ago
1d ago
Fed Governor Stephen Miran resigns, backs Kevin Warsh for chair role
Federal Reserve Governor Stephen Miran submitted his resignation letter Thursday and said he will leave the Board of Governors when, or shortly before, incoming Chair Kevin Warsh is seated. Miran had been a consistent dissent on the FOMC, voting against three 0.25-percentage-point rate cuts approved in 2025 and opposing this year's three decisions to keep rates unchanged. He said he supports changes Warsh may pursue, including communications policy, balance sheet policy, and keeping the Fed focused on a narrow mandate.
1d ago