Banks’ crypto exposure must be disclosed — BIS’ Basel Committee 17/10/2023 at 17:02 By Cointelegraph By Prashant Jha The proposed regulations are currently open to the public for comments, and if approved, they will come into effect by Jan. 1, 2025. This article is an excerpt from Cointelegraph.com News View Original Source
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Scammers prefer banking customers over crypto investors in Ireland: Report 16/10/2023 at 14:02 By Cointelegraph By Arijit Sarkar To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023. This article is an excerpt from Cointelegraph.com News View Original Source
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Basel Committee to consider disclosure requirements for banks’ crypto assets 06/10/2023 at 18:03 By Cointelegraph By Derek Andersen The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said. This article is an excerpt from Cointelegraph.com […]
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Brazil BTG Pactual bank buys Bitcoin-friendly brokerage Orama for $99M 03/10/2023 at 15:02 By Cointelegraph By Helen Partz BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin. This article is an excerpt from Cointelegraph.com News View Original Source
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Class-action suit filed against Binance for alleged harm to FTX before its collapse 03/10/2023 at 01:04 By Cointelegraph By Derek Andersen A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange. This article is an excerpt from Cointelegraph.com News View […]
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Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets 30/09/2023 at 00:02 By Cointelegraph By Marcel Pechman The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare? This article is an excerpt from Cointelegraph.com News View Original Source
6th Swiss bank joins SDX crypto exchange 27/09/2023 at 11:02 By Cointelegraph By David Attlee Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins SDX’s central securities depository. This article is an excerpt from Cointelegraph.com News View Original Source
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JPMorgan’s subsidiary Chase UK to restrict crypto transactions 26/09/2023 at 17:02 By Cointelegraph By Helen Partz Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions. This article is an excerpt from Cointelegraph.com News View Original Source
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Strong compliance management is crucial for fintech-bank partnerships 20/09/2023 at 06:02 By Help Net Security 72% of banks and credit unions are prioritizing compliance when evaluating fintechs, citing it as their top criteria in the due diligence process, according to Ncontracts. As banks and credit unions evaluate fintech partnerships, cybersecurity (62%) is also a critical […]
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Second-largest Thai bank creates $100-million AI fund 14/09/2023 at 12:06 By Cointelegraph By David Attlee The fund, named KXVC, will target AI, Web3, and Deep Tech startups with a focus on the Asia-Pacific region. This article is an excerpt from Cointelegraph.com News View Original Source
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CBDCs will gradually displace private banks, says Russian lawmaker 06/09/2023 at 12:01 By Cointelegraph By Helen Partz Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August. This article is an excerpt from Cointelegraph.com News View Original Source
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South Korean Hana Bank enters crypto custody business with BitGo 05/09/2023 at 12:05 By Cointelegraph By Helen Partz KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024. This article is an excerpt from Cointelegraph.com News View Original Source
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