Banking

Fed Chair Jerome Powell Says US Banks ‘Perfectly Able’ to Serve Crypto Customers

The Federal Reserve signaled Wednesday that servicing the cryptosphere shouldn’t be off-limits for U.S. banks, whether that involves catering to…

1 year ago

Pro-Crypto Advocate Ammon Simon Appointed Chief Counsel to Senate Banking Committee

Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, according to…

1 year ago

The FDIC Has Told Banks to Refrain From Providing Crypto Services in Over 20 Cases, Coinbase Finds

Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance…

1 year ago

Chainlink Partners with Major Financial Players to Improve Corporate Actions Data Reporting Using AI and Blockchain

Data provider Chainlink (LINK), with major financial market participants including Euroclear, Swift and Franklin Templeton, announced Monday that it started an…

2 years ago

Ripple Announces Bank-Grade Custody for Crypto Firms

This morning, the San Francisco-based startup Ripple announced the launch of new features and functionalities for Ripple Custody. The upgrades…

2 years ago

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…

2 years 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…

2 years 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…

2 years 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