5 / 8 Relevant items tagged with #Banking

Posts

Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left

[Apr 5, 2023 12:30 AM] Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face of an…

Stress test? What Biden’s bank bailout means for stablecoins

[Apr 2, 2023 8:13 AM] A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance.

3 Strategies Crypto Firms Can Use to Land a New Banking Partner

[Mar 30, 2023 1:13 PM] After the recent collapse of three crypto-friendly banks, many firms are left hunting for new banking partnerships. Brett Philbin, Rachel Millard and Rosie Gillam of Edelman Smithfield offer advice.

Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures

[Mar 29, 2023 1:19 PM] Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, doesn’t believe that the digital assets sector should be blamed for the runs on Silicon Valley Bank (SVB) and Signature Bank that led to their quick demise earlier…

Africa: The next hub for Bitcoin, crypto adoption and venture capital?

[Mar 29, 2023 6:05 AM] Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it.

European Banking Regulator Calls Attention to Digital Ledger Technology

[Mar 29, 2023 4:04 AM] Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff.

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

[Mar 28, 2023 4:00 PM] According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation…

Crypto-friendly banks mismanaged traditional risks, FDIC head tells Senate hearing

[Mar 28, 2023 1:30 PM] It all started with FTX, FDIC head Martin Gruenberg said; he emphasized that the American banking system remains sound.

European Banking Federation shares its vision of digital euro, wCBDC, bank tokens

[Mar 28, 2023 11:30 AM] The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own.

Crypto Banking Rules Could Be Modified if Market Reacts, Basel Committee Chair Says

[Mar 28, 2023 8:57 AM] Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky

Macro Is Back to Moving the Digital Asset Markets

[Mar 27, 2023 3:01 PM]

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

[Mar 27, 2023 12:30 PM] After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino…

UBS’s acquisition of Credit Suisse brings some good and bad for crypto

[Mar 27, 2023 7:54 AM] Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.

A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking

[Mar 26, 2023 10:30 PM] Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of…

Where the U.S. Government Went Wrong in Regulating Crypto

[Mar 26, 2023 4:45 AM] Former public policy attorney Keiko Yoshino writes about why she started paying attention to crypto, particularly the regulatory missteps.

Shares of Deutsche Bank, Other Euro Lenders Tumble

[Mar 24, 2023 3:30 PM] Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and…

Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears

[Mar 24, 2023 3:21 PM] But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.

German Dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform

[Mar 24, 2023 2:45 PM] Securities processor Deutsche WertpapierService Bank will provide its affiliates with seamless integration with their current offerings, with more digital assets to come.

Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

[Mar 24, 2023 1:30 PM] The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone.

Federal Reserve Says Custodia’s Crypto-Focused Business Model Is ‘Inconsistent’ With Approval

[Mar 24, 2023 11:42 AM] The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership.

Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector

[Mar 24, 2023 11:30 AM] U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S…

U.S. Banking Crisis Could Present an Opportunity for Some Crypto Exchanges: JPMorgan

[Mar 24, 2023 3:27 AM] Stablecoin trading volumes have increased following the run of bank collapses in the U.S., the report said.

Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?

[Mar 23, 2023 4:18 AM] Ethereum price has turned oversold against Bitcoin, raising the possibilities of a rebound in the coming weeks.

Rapid Bank Runs Reveal Deposits Are Now Magic Internet Money, Too

[Mar 22, 2023 4:15 PM]

Traditional banks rely on ‘tiny buffer’: Paris Blockchain Week 2023

[Mar 22, 2023 8:28 AM] Signature Bank is the best place for crypto banking, even if it goes bankrupt, Woorton co-founder Zahreddine Touag believes.

The impact of the Credit Suisse bank crisis on the crypto market

[Mar 22, 2023 4:10 AM] Cointelegraph analyst and writer Marcel Pechman explains how the Credit Suisse bank crisis will impact the crypto market.

Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound

[Mar 21, 2023 3:43 PM] The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.

Bitcoin and the Liquidity Question: More Complex Than It Seems

[Mar 21, 2023 1:24 PM]

Swedish pension fund Alecta dumps First Republic Bank shares after price plummets

[Mar 21, 2023 10:40 AM] The Swedish fund was the bank’s fifth largest shareholder; the fund’s CEO said the uncertainty surrounding First Republic was too great.

Why is Bitcoin rising amid collapsing banks? Watch The Market Report

[Mar 21, 2023 10:30 AM] On this week’s episode of The Market Report, Cointelegraph’s resident expert explains why Bitcoin is rising and why banks are collapsing.