Crypto
Asian Banks Embrace Stablecoins to Combat Deposit Flight
Asian financial institutions are increasingly adopting stablecoins to mitigate the impacts of deposit flight and streamline cross-border transactions.
Crypto
Leading Banks in South Korea Collaborate to Create Won-Backed Stablecoin
A consortium of South Korea's major commercial banks is working on a stablecoin linked to the Korean won, aiming to counter the dominance of foreign stablecoins.
Crypto
OCC Approves Banks to Engage in Cryptocurrency Services
The Office of the Comptroller of the Currency has paved the way for banks to participate in cryptocurrency services, requiring them to demonstrate trustworthiness.
Economy
Decline in Bank Crypto Holdings as Firms Shift to ETPs
Global banks are moving away from spot cryptocurrencies, now holding only 2.46% in such assets.
Crypto
Key Considerations for Banks Re-entering the Digital Asset Space
Banks are reigniting their interest in digital assets, evaluating critical factors before their reintegration into the market.
Finance
OCC Announces New Permissibility for Banks in Crypto Custody and Stablecoin Activities
The OCC clarifies that federally regulated banks can now engage in cryptocurrency-related activities without prior approval.
Finance
A Fresh Advocate for Ethereum on Wall Street: Insights from Vivek Raman
Vivek Raman, founder of Etherealize, discusses his transition from banking to cryptocurrency and how he aims to promote Ethereum's adoption among major financial institutions.
