Bank

The UN Conference on Trade and Development warns that the rising use of crypto for domestic payments and remittances may cause “leakage” of development funds. (Gregory Adams/Getty Images)
Ban Banks From Holding Crypto, UN Development Body Says
UNCTAD recommends extra taxes on transactions and ad restrictions to boost states' revenue and safeguard financial stability in developing countries.
The UN Conference on Trade and Development warns that the rising use of crypto for domestic payments and remittances may cause “leakage” of development funds. (Gregory Adams/Getty Images)

(Sirisvisual/Unsplash)
Banks Aren’t Going to 'HODL' Bitcoin
New proposals from the Bank for International Settlements are unlikely to lead banks to hold bitcoin. But they could open the door to CBDCs, says our columnist.
(Sirisvisual/Unsplash)

Moelis and Co. has started a group focusing on blockchain investment (Sophie Backes/Unsplash)
Ken Moelis' Investment Bank Creates Group to Focus on Blockchain Deals
The New York bank, founded in 2007, is looking at crypto deals with more intent.
Moelis and Co. has started a group focusing on blockchain investment (Sophie Backes/Unsplash)

A street in Cameroon, one of the countries served by the Bank of Central African States (Eduoard Tamba/Unsplash)
Bank of Central African States Urged to Introduce Common Digital Currency: Report
The regional bank is a staunch critic of the Central African Republic's decision to make bitcoin legal tender in April.
A street in Cameroon, one of the countries served by the Bank of Central African States (Eduoard Tamba/Unsplash)

(Will Foxley/CoinDesk)
Silvergate's Q2 Net Income Jumps 85%, Shares Spike
The crypto bank's stock rose about 22% in Tuesday's trading session.
(Will Foxley/CoinDesk)

Itaú branch. (Itaú)
Brazil’s Largest Private Bank Itaú to Launch Tokenization Platform
The company will also offer crypto custody services.
Itaú branch. (Itaú)

Tokyo, Japan (thetalkinglens/Unsplash)
Japanese Bank Sumitomo Mitsui Trust to Establish Digital Asset Custodian: Report
The bank's pivot to digital assets comes alongside a global banking shift toward cryptocurrencies.
Tokyo, Japan (thetalkinglens/Unsplash)

Markets Daily Podcast Cover
Crypto News Roundup for April 25, 2022
With bitcoin continuing to drive lower as markets generally go risk-off plus a look at a shadow banker's ordeal, CoinDesk’s Markets Daily is back with the latest news roundup....
Markets Daily Podcast Cover

Melbourne city at night (James O'Neil/ Getty Images)
Commonwealth Bank's Crypto Services Face Regulatory Delays: Report
The Australian bank was testing a program that allowed customers to hold and use crypto on its app.
Melbourne city at night (James O'Neil/ Getty Images)

Exterior of the central bank of Israel located in Kiryat HaLeom also known as Kiryat HaUma which was traditionally considered to be the northern part of the Givat Ram neighborhood., West Jerusalem. Israel
Bank of Israel Publishes Draft Guidelines for Crypto Deposits
Banks in the country may no longer be able to bluntly refuse fiat deposits originating from crypto activities.
Exterior of the central bank of Israel located in Kiryat HaLeom also known as Kiryat HaUma which was traditionally considered to be the northern part of the Givat Ram neighborhood., West Jerusalem. Israel