Bank


Markets

SoFi Can Launch Bank Provided It Doesn't Touch Crypto

The student loan and financial service provider cannot "engage in any crypto-asset activities or services," the Office of the Comptroller of the Currency said.

OCC (Andrew Harrer/Bloomberg via Getty Images)

Finance

BitMEX CEO, CFO to Buy One of Germany's Oldest Banks

Bankhaus von der Heydt was formed in 1754 and became one of the first regulated institutions in Germany to offer digital asset services.

Munich, Germany. (Credit: Shutterstock)

Finance

US Banks Form Group to Offer USDF Stablecoin

Founding members of the USDF Consortium include New York Community Bank, FirstBank and Sterling National Bank.

(Shutterstock)

Finance

BCB Group Expands in Europe With Acquisition of 100-Year-Old German Bank

The German regulator is expected to approve the transaction by the end of February.

Hamburg, Germany

Finance

Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain

The banking giants will use a blockchain product to settle U.S. dollar, Canadian dollar, pound and euro transactions.

Wells Fargo (Shutterstock)

Finance

Visa Launches Crypto Advisory Services for Banks as Demand for Digital Assets Grows

“Every bank should have a crypto strategy,” Visa argues.

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Policy

OCC Highlights Digital Assets in Risk Report for Banks

“The OCC is approaching crypto-related activities ... very carefully,” the OCC’s semiannual risk report says.

Acting Comptroller Michael Hsu (Alex Wong/Getty Images)

Finance

OCBC Bank Mulls Setting Up Crypto Exchange: CEO

Southeast Asia’s second-largest bank is looking into a digital asset exchange to satisfy customer demand.

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Finance

Banking Industry Likely to Capitalize on Stablecoin Deposit Demand, Says Morgan Stanley

The stablecoin market cap has grown to $137.7 billion from $20 billion a year ago.

Morgan Stanley (Shutterstock)

Finance

Commonwealth Bank First in Australia to Offer Crypto Services

Customers will soon be able to buy, sell and hold crypto through the bank’s app.

Sydney Harbour (Photoholgic via Unsplash)

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