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Spain’s Central Bank Requesting Financial Institutions to Outline Crypto Plans Until 2024: Report
The Spanish financial authority is asking banks to report on their business relationships with crypto service providers and exposure to crypto.
Jefferies’ Wood Urges Banks to Embrace Blockchain, Add More Bitcoin Exposure
The Jefferies strategist is “fundamentally bullish” on crypto and added another 5% exposure to his current bitcoin allocation recommendation.
US Regulators Weigh Avenues for Banks to Hold Crypto: Report
Comments from a top U.S. regulator demonstrate crypto’s prominent rise this year and a rush to contain particular aspects of the industry.
DBS Becomes First Southeast Asian Bank to Join Hedera Governing Council
The Singapore lender joins a group that supports Hedera’s Hashgraph distributed ledger technology.
Crypto Finally Makes the Cut in OCC’s 2022 Bank Supervision Operating Plan
Though the Office of the Comptroller of the Currency (OCC) has been looking into the crypto industry since at least 2018, this is the first time crypto has been included in the regulator’s annual operating plan.
US Wants to Regulate Stablecoins First
Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.
Bitpanda to Offer Its Digital Asset Investing Product to Italian Banks, Fintechs
The Austrian firm will work with open-finance provider Fabrick.
Australian Neobank Volt Inks Partnership Deal With Crypto Exchange BTC Markets
The partnership marks a first of its kind in the country, the companies said.
Philippines' UnionBank Taps Hex Trust to Test Digital Assets Custody Service
The bank said it is looking to tap into the digital asset market as institutional and customer interest grows.
Upbit, Bithumb Delist Numerous Coins Ahead of South Korean Regulatory Review
The move caused prices for many altcoins to plummet by 50% or more, causing considerable losses among retail investors.
