Trump’s team is asking whether the president-elect could nix financial industry regulators or combine them together, according to a Wall Street Journal report.
A US federal judge has ordered the FDIC to redo and resubmit redactions it made to crypto “pause letters” it sent to financial institutions.
Goldman Sachs CEO David Solomon said the firm might explore becoming a spot market maker spot market for Bitcoin (BTC) and Ethereum (ETH) if the regulatory environment in the US undergoes significant changes. Speaking at the Reuters Next event in New York, Solomon acknowledged that Goldman Sachs is currently unable to hold crypto due to […]
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Singapore-based Crypto.com has joined forces with Deutsche Bank to enhance its corporate banking capabilities, marking a milestone in the exchange’s global expansion efforts. The collaboration, announced on Dec. 10, will focus on streamlining financial operations across key regions, including Singapore, Australia, and Hong Kong. Through this partnership, Crypto.com will access advanced corporate banking tools designed […]
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Coinbase's Paul Grewal says this is hard evidence proving the industry hasn't been spouting conspiracy theories about being shoved out of U.S. banking.
The European Central Bank (ECB) has unveiled its second progress report on developing the digital euro central bank digital currency (CBDC), outlining advancements in the preparation phase and mentioning a prototype for 2025. In the report, the ECB reaffirms its commitment to providing a secure and efficient digital payment solution that complements cash while safeguarding […]
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Coinbase CEO Brian Armstrong has revealed ongoing efforts to obtain documentation through the Freedom of Information Act (FOIA) to uncover US banks’ full scope of crypto-related account closures. In a Nov. 27 post on X, Armstrong “confirmed” that several banks have cut ties with crypto stakeholders solely due to their involvement in the industry. He […]
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Rick Wurster, who will take the chief executive role next year, says he still has no plans to buy crypto but wants to support Schwab clients that do.
The Reserve Bank of India (RBI) is adopting a cautious approach to the nationwide rollout of its Central Bank Digital Currency (CBDC), the e-rupee, prioritizing financial stability and a thorough understanding of its potential impacts. Deputy Governor T. Rabi Sankar emphasized that the bank is “in no hurry to roll it out immediately,” indicating a […]
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After Ohio Senator Sherrod Brown lost reelection, Elizabeth Warren said she would become the ranking member of the Senate Banking Committee.
Tens of thousands of traders have been using the bank’s crypto exchange in the UK, a spokesperson said.
Last year, underbanked households more commonly used crypto than those with no banking access whatsoever, according to an FDIC survey.
ES Pablo Hernández de Cos has called for digital euro implementation and helped put in place global crypto banking rules.
JPMorgan has developed instant dollar-euro settlements using its Kinexys blockchain, with the new feature slated to go live in the coming months. According to a Bloomberg News report, the bank will leverage its proprietary JPM Coin to facilitate fast, secure transactions for participating institutions. Once regulatory approvals are obtained, JPMorgan plans to add sterling transactions to […]
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Swift, the global bank messaging network, announced on Nov. 5 that it has concluded a pilot program to streamline tokenized fund settlement and redemption using fiat currency on its network in collaboration with UBS Asset Management and Chainlink. This initiative aims to link digital asset transactions with existing fiat payment systems, reaching over 11,500 financial […]
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German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources that would otherwise remain unused due to grid limitations or insufficient storage options. Per the announcement on Monday, Nov. 4, […]
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Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) asked banks to “pause” or “refrain from providing” or “not proceed” with crypto-related banking services. In an X post, Grewal wrote: “In short, the contents are a shameful example of a government […]
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Some Bank of America customers seeing $0 balances noted that their debt is “conveniently” still showing up.
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
Institutional crypto custodians like Coinbase offer competing rewards programs.
Revolut has entered a "mobilization stage", designed for new banks to operate with restrictions.
Former US president Donald Trump is rumored to be planning to announce his desire to make Bitcoin a “strategic reserve asset” during an upcoming crypto conference, a move that could significantly impact the digital asset’s global status and value. CryptoSlate reported the potential for this move on July 4 after Bitcoin SoftWar author Jason P Lowery […]
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The Basel Committee on Banking Supervision has officially released its final disclosure framework for banks’ crypto exposures and made targeted amendments to its cryptoasset standards to “tighten the criteria for certain stablecoins to receive a preferential regulatory treatment.” Both standards are slated to come into effect on Jan. 1, 2026. The Committee, part of the Bank for […]
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John Wingate of BankSocial and Azeem Khan of Morph tell The Agenda podcast how crypto and blockchain can make the world a better, more equitable place.
Swiss crypto firm Taurus Managing Director Bashir Kazour said traditional financial institutions in the UAE, like banks, are eager to launch digital asset services. Kazour made the statement amid the firm’s new partnership with Zand, the UAE’s first digital bank, to offer digital asset services. Zand to leverage Taurus solutions Through the partnership, Zand will […]
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The Bahamas will provide access to its central bank digital currency (CDBC) the “Sand Dollar” through commercial banks to increase adoption, Reuters reported on July 1, citing the country’s central bank governor. Governor of the Central Bank of The Bahamas John Rolle said the country intends to establish the regulations within two years and has […]
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The Federal Reserve’s leadership seemingly views generative AI as a “super analyst” capable of turbocharging the agency’s work process.
The Bank for International Settlements (BIS) has called on central banks to embrace artificial intelligence (AI) in anticipation of its significant impact on the economy and financial system. In a pre-released chapter of its upcoming Annual Economic Report for 2024, the BIS emphasized that the widespread adoption of AI could affect inflation trends and urged […]
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US Congressman Thomas Massie has reintroduced legislation aimed at abolishing the Federal Reserve, a move he says was inspired by a seminal book on Bitcoin. The bill, known as the “Federal Reserve Board Abolition Act,” marks the first attempt in a decade to dismantle the nation’s central banking system. It was introduced by Massie in […]
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BitMEX co-founder Arthur Hayes believes the recent policy shifts by global central banks herald the start of a significant bull market for Bitcoin and high-potential altcoins. In his latest blog post, “Group of Fools,” Hayes articulated how these changes in monetary policy create a fertile ground for the crypto market’s growth. Hayes highlighted the recent […]
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