The Federal Reserve signaled Wednesday that servicing the cryptosphere shouldn’t be off-limits for U.S. banks, whether that involves catering to …
Latest in Banking
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U.S. Regulation
Pro-Crypto Advocate Ammon Simon Appointed Chief Counsel to Senate Banking Committee
by Terron Goldby Terron GoldAmmon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, according to …
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U.S. Regulation
The FDIC Has Told Banks to Refrain From Providing Crypto Services in Over 20 Cases, Coinbase Finds
by Terron Goldby Terron GoldCoinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance …
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Global Adoption
Chainlink Partners with Major Financial Players to Improve Corporate Actions Data Reporting Using AI and Blockchain
by Terron Goldby Terron GoldData provider Chainlink (LINK), with major financial market participants including Euroclear, Swift and Franklin Templeton, announced Monday that it started an …
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This morning, the San Francisco-based startup Ripple announced the launch of new features and functionalities for Ripple Custody. The upgrades …
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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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