banks


Finance

Binance CEO Zhao Considering Buying Banks: Report

Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a Bloomberg report.

Binance CEO Changpeng Zhao (Binance)

Finance

Mastercard Joins With Paxos to Help Banks Offer Crypto Trading

The payments giant will verify transactions and help banks follow compliance rules

(Alina Kuptsova/Pixabay)

Opinion

Ugly Bargains Between Banks and Regulators Are Rearing Their Head Again

The "know your customer" and anti-money laundering system imposes constraints on financial access and inhibits liberty and privacy, even though the original security intent was reasonable.

A scene from "Billions" (Jeff Neumann/Showtime)

Opinion

JPMorgan Closed Kanye’s Account. Yes, There’s a Crypto Angle

“Financial censorship” proves crypto’s point, and pushes us towards a world where people are more individualistic and self-reliant.

ATLANTA, GEORGIA - JULY 22: Kanye West is seen at ‘DONDA by Kanye West’ listening event at Mercedes-Benz Stadium on July 22, 2021 in Atlanta, Georgia. (Photo by Kevin Mazur/Getty Images for Universal Music Group)

Videos

JPMorgan: Coinbase Would Benefit From ETH Merge; EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings

Crypto exchange Coinbase (COIN) is positioned to benefit from the Ethereum Merge as clients get value from staking ether (ETH), JPMorgan analyst Kenneth Worthington said. European Union banks exposed to crypto would face caps and hefty capital requirements under proposed amendments to a financial-services law published Wednesday.

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Videos

Fireblocks Exec on Bringing DeFi to Traditional Markets

Fireblocks Head of Corporate Strategy Adam Levine discusses the company's partnership with fintech FSI to bring decentralized finance (DeFi) accessibility to over 6,400 capital markets entities. Also, a conversation about the evolving role of banks as DeFi adoption continues to grow.

Recent Videos

Policy

Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives

OCC Acting Comptroller Michael Hsu said he's working with global regulators to find "a consistent, careful and cautious approach to bank involvement in crypto."

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Policy

Japanese Consortium Plans to Issue Bank Deposit-Like Digital Yen by End of Next Year

Mitsubishi Corp. will lead a trial that is expected to start in January.

Tokyo's Shinjuku neighborhood (segawa7/Shutterstock)

Policy

Israel’s New AML Rules May Help Banks Onboard Crypto Clients

Regulators still need to issue guidance for banks on how to deal with crypto-related transactions

Israel flag (Michael Jacobs/Art in All of Us/Corbis via Getty Images)

Finance

Every Big Bank Will Think About Crypto Trading, Says Ex-Citi CEO

Vikram Pandit believes every major financial institution will be considering trading crypto “in one to three years.”

Vikram Pandit at The Bloomberg Year Ahead 2015 Conference (Andrew Harrer/Bloomberg via Getty Images)