Tag: banks
All news related to banks.
US Regulator Says Banks Are Allowed to Buy and Sell Customers’ Crypto
Reading Time: < 1 minuteNational banks can now expand into crypto trading and custody services without prior OCC approval, per Wednesday’s interpretive letter.
Fed Drops its Crypto Guidance for Banks
Reading Time: < 1 minuteThe Federal Reserve Board announced on Thursday that it is withdrawing guidance related to banks’ activities in crypto-assets and dollar tokens, along with revising its expectations for these activities.
Nubank Adds ADA, NEAR and ATOM to its Crypto Offerings
Reading Time: < 1 minuteNubank has expanded its crypto offerings by adding four altcoins: Cardano, Near Protocol, Cosmos, and Algorand, to its portfolio for 100 million clients in Brazil.
Xapo Bank Launches Bitcoin-Backed Loans
Reading Time: < 1 minuteXapo Bank, based in Gibraltar, has introduced Bitcoin-backed loans, allowing consumers to access USD funds without selling their assets.
Swiss State Bank Rolls Out ETH Staking
Reading Time: < 1 minutePostFinance, a bank owned by the Swiss government, is now allowing its 2.7 million customers to invest in Ether for a minimum of twelve weeks.
Italy’s Largest Bank Makes $1M Investment in BTC
Reading Time: < 1 minuteOn Monday, Intesa Sanpaolo, Italy’s largest bank, made its first proprietary trade in the world’s largest digital currency, buying 1 million euros worth of Bitcoin.
Czech National Bank Considering Bitcoin Investment
Reading Time: < 1 minuteThe Czech National Bank’s governor, Aleš Michl, has suggested that the country’s foreign exchange reserves could be diversified by investing in Bitcoin.
Morgan Stanley May Add Crypto Trading to E-Trade Platform
Reading Time: < 1 minuteMorgan Stanley is reportedly looking into offering crypto trading services through its E-Trade platform.
Crypto.com Partners with Deutsche Bank to Expand to Asian-Pacific Markets
Reading Time: < 1 minuteCrypto.com has joined forces with Deutsche Bank to provide corporate banking services in the Asian-Pacific region.
Hong Kong’s Largest Digital Bank Launches Retail Crypto Trading
Reading Time: < 1 minuteZA Bank has now expanded its services to include direct cryptocurrency trading for its retail users. It is the first bank in Asia to offer this service, according to the bank’s press release.
Goldman Sachs Announces Plans to Spin Off its Blockchain Trading Platform
Reading Time: < 1 minuteGoldman Sachs has announced plans to create a new company focused on blockchain networks and financial instrument trading, by spinning off its digital assets platform into an independent entity.
Norway’s Central Bank Supports MiCA
Reading Time: < 1 minuteNorges Bank has voiced its support for the Markets in Crypto-Assets Regulation (MiCA) proposed by the European Union.
Deutsche Bank Will Offer Foreign Exchange Services to a Crypto Market Maker
Reading Time: < 1 minuteDeutsche Bank and Keyrock, a market maker specializing in cryptocurrencies, have joined forces to offer multi-currency accounts and foreign exchange services.
BNY to Offer Custody Services for Crypto ETFs
Reading Time: < 1 minuteBNY Mellon (BNY) is making progress in offering custody services for its clients’ Bitcoin and Ether ETFs.
Australia’s Central Bank Starts Wholesale CBDC Program
Reading Time: < 1 minuteThe RBA has announced that it will be focusing on launching a wholesale CBDC rather than pursuing a retail CBDC in the near future.
Texas Fed Issues Cease and Desist Order Against a Crypto Bank
Reading Time: < 1 minuteAccording to the Federal Reserve, United Texas Bank, which has connections to the cryptocurrency industry, was found to have “significant deficiencies” related to its handling of crypto customers and risk management.
Swiss Bank ZKB Starts Offering Bitcoin and Ether Trading
Reading Time: < 1 minuteZurich Cantonal Bank, one of Switzerland’s largest banks, has started to offer cryptocurrency trading to its customers
Basel Committee Greenlights Disclosure Framework for Banks’ Crypto Exposure
Reading Time: < 1 minuteThe Basel Committee on Banking Supervision announced yesterday that they have officially approved a final disclosure framework for banks to report their exposure to crypto assets.
JPMorgan Keeps Cautious Stance on Crypto Prospects
Reading Time: < 1 minuteJPMorgan analysts have a cautious outlook on cryptocurrencies in the near future.
HSBC Rolls Out Tokenized Gold Products for Retail Investors in Hong Kong
Reading Time: < 1 minuteHSBC has introduced tokenized gold products for its retail clients in the region.
Goldman Sachs Hedge Fund Clients Are Turning to Crypto
Reading Time: < 1 minuteAccording to reports, Goldman Sachs’ clients have begun re-entering the crypto market this year, motivated by the SEC’s approval of spot Bitcoin exchange-traded funds.
Goldman Sachs to Buy Claims on Liquidated Crypto Companies
Reading Time: < 1 minuteThe head of digital assets at Goldman Sachs has expressed interest in potentially investing in claims against failing cryptocurrency companies as well as exploring other options.
Crypto Bank SEBA Rebrands
Reading Time: < 1 minuteCryptocurrency bank SEBA, which is located in Switzerland, has undergone a rebranding and is now known as Amina Bank AG.
Standard Chartered Joins Digital Yuan Tests
Reading Time: < 1 minuteBritish bank Standard Chartered has announced its participation in the testing of China’s digital currency (CBDC).
JPMorgan Tests Tokenized Portfolios on Avalanche
Reading Time: < 1 minuteOnyx Digital Assets, a subsidiary of JPMorgan, along with other industry players such as WisdomTree, Apollo, Ava Labs, and several DLT technology providers, including Oasis Pro, Biconomy, LayerZero Labs, and […]
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Solana 
USDC 
Dogecoin 
Cardano 
TRON