Two of the world’s most prominent financial institutions, DBS and Goldman Sachs (GS), said they executed the first-ever over-the-counter (OTC) …
Latest in Banking
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Global Adoption
Absa Bank Partners with Ripple to Expand Digital Asset Custody Offering in South Africa
by Terron Goldby Terron GoldAbsa Bank, a leading pan-African bank, today announced a strategic partnership with Ripple, the leading provider of digital asset infrastructure for …
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Blockchain
U.S. Bank To Launch Digital Assets Unit for Tokenized Payments
by Terron Goldby Terron GoldU.S. Bank (NYSE: USB), the fifth-largest commercial bank in the United States, announced the creation of a new Digital Assets …
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Global Adoption
Bank of America, BNP Paribas and Deutsche Bank in Collective Exploring Stablecoin
by Terron Goldby Terron GoldA group of international banks have said they are working together to explore issuing a stablecoin product. The banks—Banco Santander, Bank of America, …
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Blockchain
BNY Explores Tokenized Deposits Amid Rising Blockchain Payments
by Terron Goldby Terron GoldThe Bank of New York (BNY) is looking into using tokenized deposits to make payments faster and more secure. This …
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Blockchain
Coinbase Pursues OCC Federal Charter as it Looks to Bolster Innovation Between Crypto and Tradfi
by Terron Goldby Terron GoldCoinbase joined the roster in its pursuit of a national charter on Friday, following other cryptocurrency firms that have done …
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Opinions
“Banks Want to Ban Rewards on Stablecoins” Coinbase CEO Brian Armstrong States
by Terron Goldby Terron GoldWhile stablecoin adoption is growing, big banks are now under fire for trying to stop crypto rewards programs. Coinbase CEO …
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Eric Trump has launched a scathing attack on traditional finance—and is warning banks that if they fail to embrace crypto, …
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U.S. Regulation
U.S. Bank Restarts Digital Asset Custody Services, Including Bitcoin, ETF Support for Institutional Investors
by Terron Goldby Terron GoldFinancial services giant U.S. Bank has restarted its crypto custody operations after pausing the service for years due to regulatory …
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Global Adoption
El Salvador Passes Law to Allow Investment Banks to Offer Bitcoin and Digital Asset Services
by Terron Goldby Terron GoldEl Salvador’s Legislative Assembly has approved a sweeping Investment Banking Law that will create a new class of financial institutions …
