Policy
OCC's New Directive: Banks Can Trade Customers' Crypto Holdings
A recent directive from the U.S. Office of the Comptroller of the Currency permits banks to buy and sell their customers' cryptocurrency assets.
Finance
Eric Trump Predicts Banking Extinction Without Blockchain Adoption
Eric Trump claims banks must adapt to blockchain technology within a decade or face extinction, stating that today's financial system is dysfunctional.
Finance
Kraken Launches 'Embed': A Revolutionary Crypto Solution for Financial Institutions
Kraken introduces Embed, a powerful Crypto-as-a-Service solution enabling banks and FinTechs to integrate cryptocurrency services directly into their platforms.
Adoption
Federal Reserve Eases Crypto Regulations for Banks, Paving the Way for Digital Asset Expansion
The U.S. Federal Reserve has eliminated restrictions that required banks to seek permission before engaging in cryptocurrency activities, aligning with other financial regulators.
Policy
Federal Reserve Withdraws Crypto Restrictions Previously Imposed on Banks
The Federal Reserve has aligned with other U.S. banking regulators by removing its previous crypto guidance intended for banks.
Altcoins
Major Crypto Firms Seek US Banking Licenses
Leading cryptocurrency companies are preparing to apply for banking licenses in the United States, signaling a significant shift in the financial landscape.
Policy
U.S. Bank Regulator Eases Reputational Risk Criteria Amid Crypto Concerns
The Office of the Comptroller of the Currency has removed the requirement for banks to consider reputational risk when dealing with clients in the cryptocurrency sector.
Finance
EOS Transforms into Vaulta, Focusing on Web3 Banking
EOS Network is rebranding to Vaulta and shifting its focus to Web3 banking, which includes a token swap and the establishment of a banking advisory group.
Policy
Crypto and Fintech Companies Pursue Banking Charters Amid Policy Shift
The crypto and financial technology sectors are actively seeking banking charters, leveraging a more accommodating regulatory environment.
Altcoins
Donald Trump's Executive Order on Crypto Banking: A Potential Game Changer
Donald Trump's forthcoming executive order could significantly alter the landscape of cryptocurrency banking in the United States.
Banking
BBVA Gains Approval to Provide Bitcoin and Ethereum Trading Services in Spain
BBVA has received regulatory authorization to offer cryptocurrency trading services, including Bitcoin and Ethereum, to its customers in Spain.
Finance
Emirates NBD Bank Launches Crypto Trading via Liv X Mobile App
Emirates NBD now supports cryptocurrency trading through its Liv X banking app, leveraging Aquanow's digital asset infrastructure.
Altcoins
Emirates NBD Unveils Crypto Services Through Its Subsidiary Liv
Emirates NBD, the state-owned bank of Dubai, has introduced crypto trading services via its digital subsidiary, Liv Bank, responding to growing interest among younger generations in alternative investments.
Finance
South Korean Banks Eager to Partner with Crypto Exchanges Amid Regulatory Scrutiny of Upbit
As Upbit faces regulatory scrutiny, South Korean banks are increasingly seeking partnerships with cryptocurrency exchanges, reflecting a changing landscape in the crypto market.
Finance
ConsenSys Faces Operation Chokepoint Twice, CEO Lubin Acknowledges Bank's Resistance
ConsenSys has dealt with attempts to undermine its operations, with CEO Joe Lubin crediting a U.S. bank for resisting pressures.
Policy
Congressional Republicans Pursue Biden Administration's Alleged Crypto Banking Restrictions
U.S. Senate and House committees are investigating claims that financial regulators obstructed crypto industry access to banking.
Investment
Italy's Major Bank Invests $1 Million in Bitcoin
Intesa Sanpaolo, Italy's leading bank by assets, expands into cryptocurrency by purchasing Bitcoin.
Policy
U.S. Banking Must Facilitate Crypto Growth, New FDIC Chairman Advocates
Travis Hill, incoming acting chairman of the FDIC, highlights the need for a change in how banks approach digital assets.
Finance
Garanti BBVA to Launch Cryptocurrency Trading Services
European banks are poised to introduce crypto services, following a new partnership between Garanti BBVA and the Spanish exchange Bit2Me.
Crypto News
Garanti BBVA to Launch Cryptocurrency Trading Services Shortly
European banks are poised to introduce cryptocurrency offerings to their customers, with Garanti BBVA leading the charge in Turkey.
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