Banking


Finance

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.

Oficinas de BTG Pactual. (Archivo de CoinDesk)

Policy

BIS Calls for Global Collaboration With CBDC Designs

The Swiss-based Bank for International Settlements on Monday released a report produced in collaboration with the IMF and World Bank.

Basilea, Suiza, sede del Banco de Pagos Internacionales (trabantos/Getty Images)

Policy

Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes

Holdings of unbacked crypto like bitcoin and algorithmic stablecoins would be limited to 1% of a lender’s capital under the standard setter's new plans put out for consultation Thursday.

Basilea, Suiza, sede del Banco de Pagos Internacionales (trabantos/Getty Images)

Finance

Jewel Bank Approved as Bermuda's First Digital Asset Bank as Premier Burt Readies to Take Nation Into Stablecoins

The Bermuda Monetary Authority (BMA) issued full-bank and digital asset business licenses to Jewel, which plans to issue a USD stablecoin and other single fiat currencies.

Bermuda-licensed Relm Insurance unveils suite of crypto risk products (Shutterstock)

Policy

Crypto Banking Rules Now Due This Year From Basel Committee

The group cited recent turmoil in pushing ahead with its plans, which previously saw opposition from major lenders like JPMorgan Chase.

Basel, Switzerland, home to the Basil Committee on Banking Supervision (Alexander Pyatenko/Getty Images)

Finance

Siam Commercial Bank Is Chasing DeFi Yield Through Compound

The bank’s venture arm, SCB 10X, is using Compound Treasury’s 4% yield service via the Fireblocks custody platform.

Bangkok, Thailand (Noom HH/Getty Images)

Finance

Elwood Technologies Touts Strong Focus on Crypto Derivatives

Now backed by tier one banks Goldman, Barclays and Commerzbank, Elwood CEO James Stickland predicts “a huge amount of derivatives action.”

Elwood CEO James Stickland (Elwood)

Finance

Crypto Banking Platform BVNK Raises $40M to Drive Regulatory Push

BVNK currently processes $2 billion in annualized payments, which it aims to grow to serve cross-border businesses with fast payments and banking in crypto and fiat.

Credit: Shutterstock