Standard Chartered’s crypto custodian Zodia to raise $50M
[Nov 4 2:10 PM] Backed by several financial firms, Zodia expects to tap more diverse investors with a planned $50 million raise.
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SafePal launches Telegram crypto wallet with Visa card support
[Nov 2 6:00 AM] SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.
Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash
[Oct 24 3:01 AM] “I support self-custody for those willing and able,” said Saylor in a new post after encouraging "big bank" custody in an interview earlier this week.
US bankers support Trump but expect Harris victory — American Banker
[Oct 23 8:10 PM] A survey of 191 bankers indicated heavy support for Trump’s cryptocurrency and taxation policies.
Why Is Silver Soaring? A Financial Perspective Involving America’s Breaking Point
[Oct 21 8:35 PM] Porter Stansberry, financial editor and founder of Marketwise, believes that the rise of silver, which is experiencing a bull market, has deeper causes than just the increase in tech-related demand. He links the increase in the prices of this…
Bitwise CEO Makes Startling Statement on the Symbiosis Between Banks and Cryptocurrency
[Oct 15 10:40 PM] Hunter Horsley, co-founder and CEO of Bitwise, a $4 billion crypto fund manager, believes that banks will accelerate the participation of many investors in the cryptocurrency market. Horsley predicted that in 12 months, the stance of many crypto…
Ripple launches digital asset custody services for banks and fintech
[Oct 10 10:11 AM] Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business.
Taiwan to trial crypto custody services through local banks in 2025
[Oct 9 10:13 AM] Taiwan’s Financial Supervisory Commission reportedly plans to start collecting applications from institutions interested in trialing Bitcoin custody services in the first quarter of 2025.
Swift to Pilot Digital Asset and Currency Transactions in 2025
[Oct 6 11:30 PM] Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital…
Banks to join SWIFT digital asset trials in 2025
[Oct 3 10:02 AM] SWIFT said it is uniquely positioned to interlink the fragmented digital asset landscape with its upcoming digital currency trials in 2025.
Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform
[Sep 25 2:34 PM] Visa Tokenized Asset Platform (VTAP) will enable the development of fiat-backed tokens powered by smart contracts.
Germany's DZ Bank to Offer Customers Crypto Trading Through Boerse Stuttgart Tie Up
[Sep 19 11:14 AM] The first banks will be connected this year, with a phased roll out for selected retail customers.
Lawmaker Flags Concerns Over SEC’s Crypto Approach
UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform
[Sep 16 11:01 PM] Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.
Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025
[Sep 16 5:30 AM] The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller…
FBI Warns of Growing $55 Billion Business Email Scam
[Sep 13 11:20 AM] The Federal Bureau of Investigation (FBI) has warned of a rising business email compromise (BEC) threat, responsible for $55 billion in global losses over a decade. The scam has affected all 50 U.S. states and 186 countries, with funds frequently…
SEC ‘dug in’ on bank crypto custody rule as agency’s stance ‘unchanged’
[Sep 10 6:22 AM] SEC chief accountant Paul Munter said agency staff views on a divisive rule curtailing banks from offering crypto custody services “remain unchanged.”
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
[Sep 5 5:30 AM] Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need…
Major Swiss bank ZKB launches Bitcoin and Ether trading
[Sep 4 1:27 PM] Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba.
Japanese Bitcoin investor Metaplanet works with Ripple’s partner SBI
[Sep 2 8:48 AM] SBI Group’s fully-owned crypto exchange, SBI VC Trade, will assist Metaplanet in its Bitcoin strategy by providing various support in trading, storage and operation.
Banks face new risks from permissionless blockchains, BIS warns
[Aug 30 1:23 PM] To mitigate risks associated with public blockchain networks, the paper proposed appointing an entity with the authority to “control and limit access” to cryptocurrency assets.
Elon Musk’s Twitter buyout is going so poorly that banks had to issue pay cuts
[Aug 22 9:03 PM] The “hung” loans have led to bankers calling it the worst buyout since 2008.
Anchored Coins warns of potential issues for AEUR amid FlowBank collapse
[Aug 15 6:51 PM] The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June.
Exclusive: Fireblocks granted New York charter for crypto custody
[Aug 14 7:00 PM] The charter allows Fireblocks to offer cold-storage custody to US clients.
Trump Jr. to launch DeFi platform, $510B sell-off wipes 2024 crypto gains: Finance Redefined
[Aug 9 7:03 PM] The crypto industry could gain significant mainstream attention following Trump’s eldest son’s plans to launch a bank-rivalling DeFi platform.
Regulators postpone listing decision for Hashdex Nasdaq Crypto Index ETF
[Aug 9 4:35 PM] If approved, the ETF would be the first US fund to hold a diversified portfolio of spot cryptocurrencies.
Franklin Templeton’s tokenized money fund launches on Arbitrum
[Aug 8 2:22 PM] It’s a stamp of approval for the layer 2 from United States regulators.
Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing
[Aug 5 7:24 PM] Other hedge funds are also reporting sizable positions in Bitcoin exchange-traded funds.
Morgan Stanley wealth managers to embrace BlackRock, Fidelity Bitcoin ETFs: Report
[Aug 2 5:17 PM] Winning over the $3.75-trillion financial advisory firm is a historic milestone for crypto.
Can Bitcoin price break out after Bank of England interest rate cut?
[Aug 1 11:31 AM] This marks the bank’s first interest rate cut in over four years, with the last rate cut occurring in March 2020.