News
Revisions in Crypto Regulations as Basel Committee Responds to Stablecoin Growth
The Basel Committee is set to update its guidance for banks on cryptocurrency exposure amidst rising stablecoin usage.
Banking
JPMorgan Set to Enable Clients to Use Bitcoin and Ether as Loan Collateral
JPMorgan is moving forward with plans to allow clients to borrow against their Bitcoin and Ether assets, a shift that could enhance the appeal of these cryptocurrencies among institutional investors.
Finance
US Banks Are Adapting to Embrace On-Chain Technology
Behind the scenes, U.S. banks are modernizing their financial frameworks for on-chain operations under strict regulatory scrutiny.
Finance
Erebor, Backed by Palmer Luckey, Reaches $4.3 Billion Valuation Amid Regulatory Advances
Erebor, co-founded by Palmer Luckey, has raised $350 million, bringing its valuation to $4.35 billion as it gains regulatory approval for its banking charter.
Crypto
Major Crypto Firms Receive Conditional Approvals for National Trust Bank Charters
The US OCC grants conditional approvals enabling key players in the cryptocurrency sector to function as national trust banks.
Crypto
Argentina Considers Allowing Traditional Banks to Trade Cryptocurrencies
Argentina's central bank is deliberating the possibility of permitting local banks to engage in cryptocurrency trading, signaling a noteworthy shift in its regulatory approach.
Economy
Trump Suggests Kevin Hassett as Future Fed Chair, Boosting His Market Odds
Speculation surrounds Kevin Hassett as the potential next chair of the U.S. Federal Reserve following remarks by Donald Trump, significantly increasing betting odds on his nomination.
Finance
Bank of America Embraces Cryptocurrency Investments and Bitcoin ETFs
Bank of America allows clients to allocate 1% to 4% in cryptocurrencies, enabling access to Bitcoin ETFs for wealth management clients.
Latest News
21Shares Partners with Standard Chartered for Custody Services Amidst Crypto Shift
Standard Chartered is set to provide custody services for 21Shares, indicating a significant movement of traditional finance into the crypto sector.
Crypto
Crypto Company LevelField Gains Approval to Acquire Chicago Bank
LevelField could become the first US federal bank offering crypto services after securing approval to purchase Burling Bank in Illinois.
Crypto
Mastercard's $2 Billion Bet on Crypto: A Shift Towards Continuous Banking
Mastercard's potential $2 billion acquisition in the crypto sector aims to enable round-the-clock transactions, although various challenges lie ahead.
Crypto
Mid-Tier Bitcoin Miners Are Reshaping the Industry Landscape After Halving
Post-halving, smaller Bitcoin miners are increasing their hashrate and capitalizing on debt, transforming the competitive dynamics within the mining sector.
Banking
Pave Bank Secures $39 Million in Funding to Enhance Programmable Banking Solutions
Pave Bank, a fintech startup, raises significant funding led by Accel to expand its offerings in programmable banking, integrating crypto and traditional banking services.
Crypto
Federal Reserve Explores Slimmer Payment Accounts for Fintech and Crypto
The initiative to create streamlined accounts aims to facilitate access for smaller companies in the banking sector, signaling a shift for digital asset firms.
Finance
Strike CEO Warns of Brewing Trouble as Bitcoin and Banks Face Pressure
Regional banks are experiencing renewed stress, impacting Bitcoin's price as it hits a four-month low.
Crypto
Bitcoin Faces Risks Amid Banking Instability, Says Strike CEO
Regional banks experience renewed stress, impacting Bitcoin's trajectory as Strike's CEO highlights potential liquidity challenges.
Crypto
Japanese Major Banks Collaborate to Introduce Yen-Linked Stablecoin
Three leading banks in Japan, including MUFG and SMBC, are set to launch a yen-pegged stablecoin to enhance payment systems.
Crypto
Old Banking Institution Partners with OKX for Crypto Custody in Europe
Standard Chartered has partnered with OKX to serve as its institutional custodian for crypto assets in Europe, enhancing trust amid recent market disruptions.
Finance
Ripple Collaborates with Absa Bank for Crypto Custody in South Africa
Ripple teams up with Absa Bank to enhance digital asset custody services in Africa.
News
SWIFT's Blockchain Initiative: A Challenge to Ripple's Payment Technology?
This article examines how SWIFT's new blockchain project could rival Ripple's efficiency in cross-border payments and the significant hurdles it may face.
