Browsing Tag
Banking
195 posts
Web3 challenges lead Hong Kong official to push for virtual bank expansion
Hong Kong legislator Johnny Ng has called for an expansion of virtual bank services to address hurdles faced…
BNP Paribas launches Slovenia’s 1st sovereign bond on Canton blockchain
Slovenia has made history by issuing the Eurozone’s first sovereign digital bond, utilizing the Canton blockchain platform for…
Tether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banks
Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves…
UK regulators fine Coinbase $4.5 million, grant Revolut banking license
Two crypto companies, Coinbase and Revolut, suffered contrasting fortunes in the hands of the UK authorities during the…
Hong Kong’s ZA Bank starts offering services to stablecoin issuers
Hong Kong-based digital bank ZA Bank is launching reserve banking services for participants of the stablecoin sandbox. Hong…
Bitcoin as US Reserve Asset: Can Trump do it and what would it mean?
Former US president Donald Trump is rumored to be planning to announce his desire to make Bitcoin a…
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…