2023-10-6 19:49 |
International regulators propose new transparency measures for banks' crypto asset exposures, following a tumultuous year marked by banking disruptions linked to digital currencies. origin »
|
Despite the collapse of major crypto-focused banks, bitcoin has surged by 50% this year, outperforming major stock indexes and commodities.
2023-3-15 22:04 | |
|
|
Jamie Dimon once called Bitcoin a “hyped-up fraud.” Now, his bank is rolling out direct fiat-to-crypto rails with Coinbase. The move signals a seismic shift in how Wall Street’s biggest players view digital assets. On July 30, JPMorgan Chase and…
DBS Bank has introduced DBS Token Services, a new blockchain-based offering designed to streamline institutional banking processes. The DBS Token Services will integrate the bank’s Ethereum (ETH) Virtual Machine-compatible permissioned blockchain, its core payment engine, and multiple industry payment infrastructures,…
The Federal Deposit Insurance Corporation has warned that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks.
The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.
Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape."
The crypto industry is in turmoil, with both major failures, and a lack of banking partners. With the shuttering of major crypto-focused banks like Silvergate, Signature, and the seizure of Silicon Valley Bank (SVB), the sector is scrambling to secure banking partners.