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Bank of America customers seeing $0 balances amid nationwide outage
3.10.2024
Some Bank of America customers seeing $0 balances noted that their debt is “conveniently” still showing up
Australian bank joins Project Guardian to explore RWA tokenization
1.10.2024
Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains
Banking Platform OpenPayd Hires Two Senior Execs From Crypto Prime Broker FalconX
30.9.2024
Lux Thiagarajah and Richard Usher will be joining the business on Tuesday October 1st
Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
29.9.2024
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling...
6 things the US needs to stay competitive in crypto, according to execs
28.9.2024
The US is in danger of being left behind by more progressive jurisdictions in Asia, Europe and elsewhere
6 things the US needs to stay competitive in crypto, according to execs
28.9.2024
The US is in danger of being left behind by more progressive jurisdictions in Asia, Europe and elsewhere
BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’
27.9.2024
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative...
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
24.9.2024
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia...
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
23.9.2024
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area
US ‘far behind’ on crypto, election no quick fix: Ripple APAC boss
20.9.2024
The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray
World Banking Giants Join Project Agora to Reengineer Cross Border Payments
18.9.2024
Over 40 leading private banking institutions have joined Project Agora, a Bank for International Settlements (BIS) initiative to integrate smart contracts to change the current payment flow standard. The objective is to design a system combining public and private money to enhance cross-border...
Three Ways DeFi Will Revolutionize Financial Services
18.9.2024
DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra
Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System
17.9.2024
Previously, the stablecoin could only be purchased through crypto exchanges
How To Solve The High Banks Passcode In Once Human
17.9.2024
Free-to-play multiplayer open-world survival game Once Human is full of otherworldly mysteries, such as a hotel with ghostly volunteers guiding you toward secret notes throughout the town. And it’s the little encounters and special details like these that keep so many of us playing long after...
Hong Kong prepares AI guidelines for finance sector
17.9.2024
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week
UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK
16.9.2024
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process
Mastercard enables non-custodial crypto spending in new partnership
5.9.2024
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
5.9.2024
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need for vigilant supervision as digital assets...
Fed hits Texas bank with cease and desist over servicing crypto firms
5.9.2024
The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures.
United Texas Bank Faces Regulatory Action for AML Failures Linked to ‘Virtual Currency Customers’
4.9.2024
United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take immediate action to rectify issues related to its anti-money laundering (AML) program and corporate governance...