Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.
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Nov 28, 2022 at 4:33 p.m. UTC
Nov 28, 2022
banking
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Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors
The crypto lender also started talks with its largest creditors and borrowers, including Gemini and parent company DCG, to agree on a solution.
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Nov 23, 2022 at 7:47 p.m. UTC
Nov 23, 2022
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Is Credit Suisse a Canary in the Financial Industry Coal Mine?
Though recent flubs dominate headlines, the Swiss giant’s real mistake may have been trying to compete with Wall Street in the first place.
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Oct 28, 2022 at 4:52 p.m. UTC
Oct 28, 2022
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Digital Asset Bank Custodia Files Petition in US Court Over BNY Mellon's Crypto Approval
Custodia alleges the Kansas City Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.
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Oct 13, 2022 at 9:36 a.m. UTC
Oct 13, 2022
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BNY Mellon Starts Crypto Custody Service
The custodial lender earlier this fall received approval from financial regulators in New York to begin holding bitcoin and ether for certain customers.
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Oct 11, 2022 at 12:32 p.m. UTC
Oct 11, 2022
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Banking in the Metaverse
Host Joel Flynn discusses whether the future of banking is already a virtual reality. This story and other news shaping the cryptocurrency world in this episode of “The Daily...
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Sep 27, 2022 at 2:58 p.m. UTC
Sep 27, 2022
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Visa and Mastercard Block Russian Banks Following Global Sanctions
As Russia continues its invasion into Ukraine, Visa and Mastercard have blocked several Russian banking services, restricting transactions for many everyday people in Russia....
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Mar 1, 2022 at 7:14 p.m. UTC
Mar 1, 2022
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Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans
Goldman Sachs is reportedly among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions. “The Hash” panel discusses the...
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Dec 3, 2021 at 8:18 p.m. UTC
Dec 3, 2021
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New Zealand’s Reserve Bank Seeks Public Input on Digital Dollar Before December Deadline
The bank said in its papers that it sees trends in the use of cash which “present an opportunity” to consider broadening central bank money.
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Sep 30, 2021 at 4:48 a.m. UTC
Sep 30, 2021
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Australian Crypto and Remittance Businesses Face ‘Debanking,’ Senate Committee Hears
An Australian Senate Committee has heard several cases of financial institutions denying or terminating banking services to local cryptocurrency and remittance businesses. Aus...
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Sep 8, 2021 at 6:48 p.m. UTC
Sep 8, 2021