Banks’ Crypto Asset Holdings May Be Just 0.01% of Total Risk Exposure, Basel Study Finds
The first survey of its kind may influence crucial global standards on bank capital for crypto.
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Sep 30, 2022 at 10:39 a.m. UTC
Sep 30, 2022
Bank
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Crypto Lender Nexo Acquires Minority Stake in OCC-Regulated Summit National Bank
The deal will enable Nexo to open bank accounts with Summit National Bank, as well as enhancing its other products.
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Sep 27, 2022 at 1:26 p.m. UTC
Sep 27, 2022
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US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders
The John Doe summons will require M.Y. Safra Bank to provide information about SFOX customers who used the bank and may owe taxes on crypto transactions.
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Sep 23, 2022 at 2:57 a.m. UTC
Sep 23, 2022
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Wall Street Bank CEOs Tell Congress They’re Unlikely to Finance Crypto Miners
The chief executives of Citigroup, Bank of America and Wells Fargo were questioned Wednesday at a congressional hearing.
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Sep 21, 2022 at 7:42 p.m. UTC
Sep 21, 2022
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Digital Asset-Focused Bank Protego Trust Names Ron Totaro as CEO
Protego added Bitfury’s CEO to its board of directors in February.
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Sep 12, 2022 at 11:00 a.m. UTC
Sep 12, 2022
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Animoca Brands' Japan Unit Raises $45M for NFT Licensing, Investment
Animoca Brands Japan raised the funds from its parent firm and MUFG Bank.
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Aug 26, 2022 at 7:11 a.m. UTC
Aug 26, 2022
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Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
Thailand’s oldest bank said Bitkub Online needs to resolve various issues at the request of Thailand’s Securities and Exchange Commission.
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Aug 25, 2022 at 9:36 a.m. UTC
Aug 25, 2022
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Crypto Banks Are One Step Closer to Reality Under New Fed Guidance
The Federal Reserve’s guidance for approving master account access is a major milestone for crypto banks, but it still leaves much to be desired.
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Aug 23, 2022 at 3:30 p.m. UTC
Aug 23, 2022
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Canadian Bank Regulator Details Crypto Liquidity, Backing Rules
Canada joins U.S. and European authorities in explaining how its supervised entities can engage with crypto.
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Aug 19, 2022 at 7:31 p.m. UTC
Aug 19, 2022
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Brazil's Largest Investment Bank, BTG Pactual, Launches Crypto Trading Platform
Called Mynt, the product allows customers to trade BTC, ETH, SOL, DOT and ADA.
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Aug 16, 2022 at 3:56 p.m. UTC
Aug 16, 2022