banks


Markets

Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals

The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Web3

Banks Have Come to the Metaverse

Several big-name financial institutions have set up shop in virtual worlds, making inroads to a whole new generation of clients.

(Erik Mclean/Unsplash)

Finance

Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain

The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.

(Shutterstock)

Opinion

Fractional Reserve Banking Is a Fraud (but It's Genius)

The modern financial system is built on banks risking customer deposits – and the U.S. government has blocked safer alternatives.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion

BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.

Higher interest rates and energy shortages have triggered concerns over a potential global recession (Getty Images)

Opinion

Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout

The events are unconnected, but crypto has a role to play in the wider political realignment questioning the sanctity of central banks and established powers.

(Shutterstock)

Policy

Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg

An industry report is expected to outline best practices in areas including due diligence and risk management.

Singapore-based Vauld now has protection from its creditor until Jan. 20.  (Shutterstock)

Finance

Digital Asset Tech Provider Metaco Secures Partnership With Liechtenstein Private Bank

Liechtenstein's VP Bank follows Citibank, Societe Generale, DekaBank and DZ Bank in selecting Metaco to assist with the development of their digital asset services

Liechtenstein (Randy Jost/Pixabay)

Finance

TradFi Banks Team Up to Create Digital Bonds Trading Platform on Blockchain

France's Credit Agricole CIB and Sweden's SEB are creating a system with a goal of being environmentally friendly.

(Shutterstock)

Opinion

USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins

A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins such as tokenized bank deposits and CBDCs may be needed to prevent contagion.

CEO Jeremy Allaire's Circle is part of the consortium behind USDC. (Danny Nelson/CoinDesk)