Fed, FDIC, OCC Clarify Bank Crypto Custody Rules
Banks may custody crypto and stablecoins if they meet strict compliance and risk standards, U.S. regulators confirm in new joint guidance U.S.…
US Regulators Clarify Crypto Custody Rules for Banks
U.S. regulators issued strict crypto custody guidance, emphasizing robust risk management, AML compliance, and legal adherence for banks. The…
Thiel Backs Crypto‑Friendly Bank to Rival SVB
Silicon Valley Bank was closely tied to crypto firms and venture capital funds before its collapse. After Silicon Valley Bank collapsed in…
Major Banks Tap Solana for Settlement: A Turning Point for Web3?
Major banks tap Solana for settlements that are cost-effective, and this can revolutionize Web3 finance and disrupt the global financial…
How Governments and Banks Are Embracing Blockchain for Asset Tokenization
Governments and banks are using blockchain tokenization to modernize finance and make things more transparent. This technology is changing…
How Businesses Can Prepare for the Arrival of CBDCs
With over 100 countries actively researching or piloting Central Bank Digital Currencies (CBDCs), the digital currency revolution is no longer…
The Role of Big Banks in Bridging Crypto and Traditional Finance
The role of big banks in bridging crypto and traditional finance is becoming ever more important as cryptocurrencies transform the financial…
U.S. Gov’t Tells Banks to Suppress Crypto, Coinbase Docs Show
Commerzbank Partners with Crypto FinanceFDIC internal communications and Coinbase documents reveal the U.S. government directed banks to…
Why Financial Institutions Are Embracing Blockchain Technology
Offering unmatched security, transparency, and efficiency, which clearly explains why financial institutions are embracing blockchain…
India Central Bank Halts Navi Loans
India’s central bank told four non-bank lenders, such as Navi Finserv and DMI Finance, to stop lending money from October 21 because of…
Ripple Unveils Crypto Custody Solutions for Banks
Ripple is introducing various new services to help financial institutions manage crypto for their clients as it enters the custodian space On…
ECB Cyber Test Finds Banks Need Improvement
The European Central Bank warned Friday that eurozone banks have “room for improvement” in cyber security, starting with how they…
Global Cyber Outage Grounds Flights, Disrupts Banks
On Friday, a global cyber outage caused by a software update led to widespread disruptions, grounding flights, suspending certain…
Global Cyber Outage Grounds Flights, Disrupts Businesses
On Friday, major U.S. airlines issued a ground halt due to communications concerns, while other carriers, media corporations, banks, and…
Banks Warn Big Tech Reliance for AI Poses New Risks
European banking executives said the rise of artificial intelligence will increase banks’ dependence on huge U.S. tech businesses,…