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State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds
8.5.2024
On May 6, the state-owned German bank KfW declared that it would issue its first digital bonds based on blockchain technology. This action represents a significant advancement in Germany's traditional banking institutions' adoption of blockchain technology.
The post State-owned German Bank Set...
Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab
7.5.2024
Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers...
Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment
3.5.2024
Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and regional banks are experiencing stress due...
Stablecoin Legislation Must Respect the Dual-Banking System
29.4.2024
The Lummis-Gillibrand stablecoin bill subordinates state regulation to federal control, giving Washington too much power as to which entities can issue these important digital assets, say Jack Solowey and Jennifer J. Schulp at the Cato Institute
Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France
29.4.2024
15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024; Ethiopia
29.4.2024
The International Center for Strategic Alliances proudly presents the 15th Edition Connected Banking Summit – Innovation and Excellence Awards 2024, Ethiopia, in Addis Ababa, scheduled for August 14th, 2024. Under the theme “Bolstering the Economy with Digitization and Financial Inclusion”....
Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns
27.4.2024
The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins experienced slight price drops following the announcement. This event has spurred...
Custodia Bank takes case to higher court after March setback
26.4.2024
Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account
All about the upcoming 4th Digital Banking Summit 2024
25.4.2024
Navigating Innovation, Open Banking, and Security Strategies for Tomorrow’s Financial Landscape Uniglobal is set to host the highly anticipated 4th Digital Banking Summit, promising an immersive exploration of the digital banking landscape and strategies to navigate the ever-evolving financial...
12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024, Southern Africa
24.4.2024
The 12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024 Southern Africa scheduled to take place on May 23, 2024, in Johannesburg, South Africa, proudly unveils its theme: “Empowering Tomorrow’s Banking Landscape: Technology, Innovation, and Sustainable Growth” Hosted...
Finnovex Saudi Arabia 2024: Fulfilling Vision 2030 – Kingdom Banking’s Pinnacle – Transforming Finance for a Thriving Saudi Arabia
22.4.2024
Finovex Saudi Arabia 2024 is poised to be the beacon of innovation in the financial sector as it convenes on May 21-22, 2024, in Riyadh, Saudi Arabia. Under the theme “Fulfilling Vision 2030 – Kingdom Banking’s Pinnacle – Transforming Finance for a Thriving Saudi Arabia,”...
HSBC Looks To Broaden Tokenized Asset Offerings after Gold Token Launch
15.4.2024
HSBC, one of the world’s largest banking services, intends to broaden its array of tokenized assets. CEO Noel Quinn said the bank will ensure these offerings are firmly anchored in reality.
The post HSBC Looks To Broaden Tokenized Asset Offerings after Gold Token Launch appeared first on Cryptonews
Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts
15.4.2024
Digital ruble rollout plans could cost the Russian banking sector a total of $536 million per year, financial analysts have claimed.
The post Digital Ruble Rollout Will Cost Russian Banks $536m a Year – Experts appeared first on Cryptonews
Committee on Banking, Housing, and Urban Affairs hears claims of stablecoin abuse
10.4.2024
Wally Adeyemo, the US Treasury Deputy Secretary, has released an official statement on how stablecoins are being used to avoid established security safeguards. The statement was issued before a hearing with the Senate Banking, Housing, and Urban Affairs Committee. It references various terrorist...
Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis
10.4.2024
Tillis stressed “light” regulation to help curb illicit crypto financing during the Senate Banking Committee meeting on Tuesday.
The post Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis appeared first on Cryptonews
Coinbase Legal Chief Pushes For Stablecoin Regulation
9.4.2024
Paul Grewal, the legal chief at Coinbase, encouraged the US Congress to quickly pass stablecoin legislation on April 9 in order to combat the illegal usage of cryptocurrencies. Paul Grewal's plea coincides with the Senate Banking trial on combating terrorism, illicit financing, and sanctions...
Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's
9.4.2024
U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry insiders to make sure it does
Online Games Act Like Unregulated Banks, And The US Gov’t Has Noticed
4.4.2024
A new report from the United States Consumer Financial Protection Bureau (CFPB)—an organization focused on enforcing the laws that protect consumers—indicates the bureau is aware of and monitoring big online video games that are filled with in-app purchases, digital currencies, and shady...
KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth
3.4.2024
Investment banking firm KBW has hailed Coinbase for offering investors a unique opportunity to tap into the long-term growth potential of the crypto economy.
The post KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth appeared first on Cryptonews
12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024: Southern Africa
2.4.2024
The International Center for Strategic Alliances is proud to announce the 12th Edition Connected Banking Summit – Innovation and Excellence Awards 2024 Southern Africa, scheduled to take place on May 23, 2024. With the theme “Empowering Tomorrow’s Banking Landscape: Technology...