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banks
Banks in US Can Now Offer Crypto Custody Services, Regulator Says
U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers.
UK Fintech Bank Revolut Will Give Customers 'Legal' Ownership Over Cryptos – But With a Caveat
UK fintech bank Revolut will give its customers legal ownership over their cryptocurrencies next month, but will limit how they can spend those coins.
'Inherently Borderless': Acting OCC Chief Talks Crypto, State Licenses and DeFi
“My job here is not to protect incumbents,” says acting Comptroller of the Currency (and Coinbase veteran) Brian Brooks of his fintech-forward agenda.
US Bank Regulator OCC Asks for Public Input on Cryptocurrency Use in Financial Sector
A federal banking regulator is seeking public input on how cryptocurrencies interact with the national banking system and financial institutions.
Japan's Biggest Banks Are Talking About Building a Digital Payments System
The banks will be joined by representatives from big business and the government to lay out how to create shared digital payments system.
Russians Withdrew a Year's Worth of Cash in a Month Over Coronavirus Fears
Russians have been withdrawing vast amounts of cash after President Putin announced new coronavirus measures.
US Treasury Approves Square as Coronavirus Stimulus Lender
Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.
Revolut Expands Crypto Offering – But Not in the US
Fintech challenger bank Revolut accelerated its plans to offer crypto buy and sell services due to recent actions by central banks, said head of crypto Edward Cooper.
While Some Hoard Dollar Bills, Others Envision Germy Cash's Quick Demise
Is a cash-based society sustainable in a pandemic? Hoarders say yes. Health experts say maybe. Visionaries say no: It’s a moment for systemic change.
Banks Have to Embrace Distributed Ledger Tech, Even if It Kills Them
To secure their futures, banks have to confront their fear of change and embrace innovation, says consultant Chuck Fried.
