Browsing Tag
Banking
159 posts
State Street exploring creating a stablecoin
State Street is reportedly creating its own stablecoin and deposit token. The company is considering new ventures in…
SEC eases crypto reporting rules for banks and brokerages
The SEC has provided new guidance allowing banks to avoid reporting customers’ crypto funds on their balance sheets…
Goldman Sachs eyes tokenization projects for institutional clients by year-end
Goldman Sachs is preparing to launch three tokenization projects by year-end for major institutional clients, the firm’s global…
Italy teases selective implementation of MiCA guidelines: report
Bank of Italy Governor Fabio Panetta announced guidelines focusing on bank-issued electronic money tokens under new E.U. crypto…
Korean banker arrested for $15m loan scheme, crypto spending: report
A Woori Bank employee has reportedly been arrested for embezzling $15 million by manipulating loan documents and using…
Defi needs some fine-tuning before it can replace banking as we know it | Opinion
Defi’s emergence and growing use represent a shift in finance, promising greater autonomy and accessibility for a broader…
Silvergate settles SEC lawsuit for $50 million; Fed, California regulator demand $63 million fine
Silvergate Capital settled with the SEC for $50 million as Federal Reserve governors and California financial regulators demanded…
BitoPro teams up with local bank to open ‘crypto-friendly bank account’ in Taiwan
BitoPro’s parent company BitoGroup has entered into a partnership agreement with Far Eastern International Bank Bankee to launch…
Binance CEO welcomes Standard Chartered move to launch Bitcoin trading desk
Binance CEO Richard Teng has welcomed Standard Chartered into the crypto industry after reports revealed that the banking…
How did we lose control of our currencies?
The following is a guest post by Phillip Alexeev, Chief Growth Officer at CrossFi. Over the centuries, the…