Banking

Taiwan to Launch Digital Asset Custody Pilot For Banks in 2025

Taiwan’s Financial Supervisory Commission (FSC) will launch a pilot program for institutions interested in digital asset custody services, local media reported on…

1 year ago

BNY Mellon Becomes First U.S. Bank to Receive Exemption From SEC’s SAB 121 Rule

In a groundbreaking development for institutional Bitcoin custody, BNY Mellon, the largest custodian bank in the U.S., was revealed as…

1 year ago

Singapore’s DBS Bank to Offer Bitcoin & Ethereum Options Trading

DBS Bank of Singapore plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional clients in Q4…

1 year ago

Switzerland’s Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ethereum

The fourth-largest bank in Switzerland, Zürcher Kantonalbank (ZKB), has begun offering retail customers the ability to buy, sell and hold…

2 years ago

Fed Issues Cease and Desist Order to United Texas Bank Over Crypto-Related Concerns

The United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing deficiencies in the…

2 years ago

Japan’s Central Bank Officially Announces Every Bank in Japan Will Adopt XRP by 2025

In a groundbreaking move, Japan’s Central Bank has officially announced that by 2025, every bank in the country will adopt…

2 years ago

SEC Eases Cryptocy Accounting Rules For Banks and Brokerages

The Securities and Exchange Commission (SEC) has paved the way for banks and brokerages to avoid reporting their customers’ cryptocy…

2 years ago

Bahamas to Mandate Banks to Support Digital Currency

The Bahamas is set to introduce regulations mandating commercial banks to facilitate access to its central bank digital cy (CBDC),…

2 years ago

World’s Largest Bank ICBC Praises The Evolution of Bitcoin, Ethereum as Innovative Financial Assets

The world’s largest lender, Industrial and Commercial Bank of China (ICBC), recently published an in-depth analysis highlighting the rapid evolution…

2 years ago

JP Morgan, Wells Fargo Latest Major Banks to Disclose Bitcoin Exposure Via ETFs

JP Morgan and Wells Fargo are the latest major global banks to disclose exposure to Bitcoin via some of the…

2 years ago