Standard Chartered and Coinbase are expanding their partnership to develop trading, custody and financing services aimed at institutional crypto clients. Standard Chartered and Coinbase have expanded their partnership to build crypto infrastructure for institutional clients. As part of the partnership, the duo will explore offerings across trading, prime services, custody, staking and lending, the British multinational bank announced on Friday. “We aim to explore how the two organisations can support secure, transparent and interoperable solutions that meet the highest standards of security and compliance,” Margaret Harwood-Jones, global head of financing and securities services at Standard Chartered, said. Read more
Displaced residents rest at an evacuation centre in the Thai border province of Buriram.—AFP BANGKOK: Cambodia shut its border crossings with Thailand on Saturday, after Bangkok denied US President Donald Trump’s claim that a truce had been agreed to end days of deadly fighting. Violence between the Southeast Asian neighbours, which stems from a long-running dispute over the colonial-era demarcation of their 800-kilometre (500-mile) border, has displaced around half a million people on both sides. At least 25 people have died this week, including four Thai soldiers, the defence ministry said were killed in the border area on Saturday. The latest fatalities were followed by Phnom Penh announcing it would immediately “suspend all entry and exit movements at all Cambodia-Thailand border crossings”, the interior ministry said. Each side blamed the other for reigniting the conflict, before Trump said a truce had been agreed. Thai Prime Minister Anutin Charnvirakul said Trump “didn’t mention whether we should make ...
Spot XRP exchange-traded funds continued a streak of positive flows, with over $20.1 million recorded on Friday, marking 19 consecutive days of net inflows. Trader sentiment toward XRP has been shifting into bullish territory on social media this week, according to market intelligence platform Santiment, and at the same time, the streak of inflows into the token’s exchange-traded funds has continued. Retail traders are staying optimistic toward XRP (XRP) as it hovers around the $2 mark, with the week recording the seventh highest number of bullish comments for the year, Santiment said on Friday, citing data from its analytics platform Sanbase, which monitors social interest across cryptocurrency social channels, including Telegram, Discord, subreddits, and X. “XRP’s bulls and bears continue to battle, and the asset is hanging on to a $2.00 market value for now. Sentiment is showing bullishness across social media,” Santiment said. Read more