1 / 8 Relevant items tagged with #Banking
Posts: 216
Posts
Singapore's DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients
[Oct 18 12:36 PM] The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.
Senator Warren Slams Citibank’s Ongoing Failures — Suggests Breaking up Citi
[Oct 5 3:30 AM] Senator Elizabeth Warren has called for bold action from regulators, urging the acting head of the Office of the Comptroller of the Currency (OCC) to address Citibank’s persistent operational failures. Warren stated that Citibank may be…
Bank of America customers seeing $0 balances amid nationwide outage
[Oct 3 2:09 AM] Some Bank of America customers seeing $0 balances noted that their debt is “conveniently” still showing up.
Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
[Sep 29 2:30 AM] A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of…
6 things the US needs to stay competitive in crypto, according to execs
[Sep 28 9:00 PM] The US is in danger of being left behind by more progressive jurisdictions in Asia, Europe and elsewhere.
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
[Sep 24 2:30 AM] Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA…
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
[Sep 23 1:05 PM] The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
Three Ways DeFi Will Revolutionize Financial Services
[Sep 18 3:55 PM] DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra.
UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK
[Sep 16 2:00 PM] UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.
Mastercard enables non-custodial crypto spending in new partnership
[Sep 5 10:19 AM] Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants.
Anchorage adds PayPal stablecoin yield to custody platform
[Aug 22 6:25 PM] Institutional crypto custodians like Coinbase offer competing rewards programs.
Hong Kong issues generative AI guidelines for consumer protection
[Aug 20 8:14 AM] The HKMA has introduced new principles for using generative AI, emphasizing governance, transparency and data protection in consumer-facing applications.
Circle proposes new capital-risk framework for stablecoins
[Aug 15 8:30 PM] In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets regulatory framework.
Donald Trump Jr. is launching a crypto platform to ‘take on’ the banks
[Aug 9 4:29 AM] Donald Trump Jr. has finally revealed what his cryptic DeFi post on X was all about, and it’s got nothing to do with memecoins.
Xapo Bank Enters UK Market, Offers Interest-Bearing USD and Bitcoin Account
[Aug 5 5:10 PM] Xapo Bank has entered the UK market, becoming the only licensed banking group to offer a combined interest-bearing USD and bitcoin account. “We’re proud to announce we have successfully passported our banking license into the UK. This means…
Crypto is democratizing investment banking options—Lightspark founder
[Jul 25 2:00 PM] Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville.
Crypto-Friendly Revolut Finally Earns UK Banking License
[Jul 25 2:58 AM] Revolut has entered a "mobilization stage", designed for new banks to operate with restrictions.
FDIC nominee Goldsmith Romero says banks can custody digital assets
[Jul 11 11:45 AM] The Federal Deposit Insurance Corporation Chair nominee stated her position amid the failure of Congress to overturn the SAB-121 veto.
Crypto for good: Why blockchain can bring financial inclusion worldwide
[Jul 10 3:20 AM] 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.
UBS Executive Highlights AI’s Impact on Banking
[Jul 6 12:50 PM] UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach…
US Fed CIO says it’s ‘hard to justify’ hiring human coders over AI
[Jun 27 11:00 AM] The Federal Reserve’s leadership seemingly views generative AI as a “super analyst” capable of turbocharging the agency’s work process.
Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions
Singapore flags digital payment tokens as high-risk in AML landscape
[Jun 20 5:13 AM] Singapore said digital payment token service providers, also known as virtual asset service providers, stand out as a high-risk category within the financial sector.
Stablecoin act gives Congress alternative to overriding Biden’s SAB 121 veto
[Jun 12 7:30 AM] President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress override the veto with broad bipartisan support?
Customers Bank Said to Debank Some Digital Asset Hedge Funds
[Jun 7 8:07 AM] The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
Bitpanda Drafts Deutsche Bank to Process Fiat Transactions in Germany
[Jun 4 2:05 AM] This is Bitpanda's second major partnership in Germany this year after the broker was enlisted by LBBW to offer crypto custody services in the country.
Fold Adds New Feature And Team Member To Better Bank Bitcoiners
[Jun 3 8:01 AM] Fold recently released its Direct to Bitcoin feature as part of a set of features that the team at Fold calls its Bitcoin Checking Account. Fold Users can now auto-convert anywhere from 1% to 100% of their fiat deposits to bitcoin from a checking…
Nigeria seeks crypto clarity one year into Tinubu’s tenure
[Jun 2 3:33 AM] Nigeria's young resident population now feels more bewilderment due to the administration’s recent actions against Nigeria’s crypto industry.
Fold Will Be Your Bitcoin Bank With CEO Will Reeves
[May 29 7:41 AM] Founders: Will Reeves and Matt LuongoDate Founded: 2014; Most recent iteration of company: 2019Location of Headquarters: RemoteAmount of Bitcoin Held in Treasury: “Stacking since the founding of Fold”Number of Employees: 22Website…