banks


Policy

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.

Sede del Banco de España. (Shutterstock)

Finance

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.

Will Bitcoin Hold Above $40K?

Policy

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.

Signage hangs outside the Federal Deposit Insurance Corporation headquarters in Washington, D.C. (Andrew Harrer/Bloomberg via Getty Images)

Finance

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.

A DBS Bank branch in Singapore (Lauryn Ishak/Bloomberg via Getty Images)

Policy

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.

OCC

Policy

US Wants to Regulate Stablecoins First

Signs point to stablecoin issuers being more integrated into the banking sector. That could be a good thing.

tingey-injury-law-firm-yCdPU73kGSc-unsplash (1)

Finance

Bitpanda to Offer Its Digital Asset Investing Product to Italian Banks, Fintechs

The Austrian firm will work with open-finance provider Fabrick.

Italy

Finance

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.

Sydney Harbour (Photoholgic via Unsplash)

Markets

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.

UnionBank-of-the-Philippines

Policy

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.

korea