This morning, the San Francisco-based startup Ripple announced the launch of new features and functionalities for Ripple Custody. The upgrades …
Latest in Banking
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Global Adoption
Taiwan to Launch Digital Asset Custody Pilot For Banks in 2025
by Terron Goldby Terron GoldTaiwan’s Financial Supervisory Commission (FSC) will launch a pilot program for institutions interested in digital asset custody services, local media reported on …
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U.S. Regulation
BNY Mellon Becomes First U.S. Bank to Receive Exemption From SEC’s SAB 121 Rule
by Terron Goldby Terron GoldIn a groundbreaking development for institutional Bitcoin custody, BNY Mellon, the largest custodian bank in the U.S., was revealed as …
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Global Adoption
Singapore’s DBS Bank to Offer Bitcoin & Ethereum Options Trading
by Terron Goldby Terron GoldDBS Bank of Singapore plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4 …
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Global Adoption
Switzerland’s Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ethereum
by Terron Goldby Terron GoldThe fourth-largest bank in Switzerland, Zürcher Kantonalbank (ZKB), has begun offering retail customers the ability to buy, sell and hold …
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U.S. Regulation
Fed Issues Cease and Desist Order to United Texas Bank Over Crypto-Related Concerns
by Terron Goldby Terron GoldThe United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing deficiencies in the …
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Global Adoption
Japan’s Central Bank Officially Announces Every Bank in Japan Will Adopt XRP by 2025
by Terron Goldby Terron GoldIn a groundbreaking move, Japan’s Central Bank has officially announced that by 2025, every bank in the country will adopt …
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U.S. Regulation
SEC Eases Cryptocurrency Accounting Rules For Banks and Brokerages
by Terron Goldby Terron GoldThe Securities and Exchange Commission (SEC) has paved the way for banks and brokerages to avoid reporting their customers’ cryptocurrency …
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The Bahamas is set to introduce regulations mandating commercial banks to facilitate access to its central bank digital currency (CBDC), …
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Global Adoption
World’s Largest Bank ICBC Praises The Evolution of Bitcoin, Ethereum as Innovative Financial Assets
by Terron Goldby Terron GoldThe world’s largest lender, Industrial and Commercial Bank of China (ICBC), recently published an in-depth analysis highlighting the rapid evolution …
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