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banking

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.

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.

Crypto

Standard Chartered Predicts Over $1 Trillion Shift to Stablecoins by 2028

Standard Chartered anticipates that more than $1 trillion will move from emerging market banks to stablecoins within three years due to heightened crypto adoption.