#banks
Latest cryptocurrency news and articles about banks. Stay updated with developments, analysis, and insights.
Fed to Open Door to Crypto Banking in ‘Trump’s Revenge’
Federal Reserve Governor Chris Waller announced the central bank is proposing a new type of limited-access master account for all eligible institutions to receive direct access to the Fed’s payment ra...
Wall Street Banks Unite to Launch Stablecoin Rivaling Tether and Circle
Nine global Wall Street banking giants have announced plans to develop a jointly backed stablecoin focused on G7 currencies. The consortium includes Goldman Sachs, Deutsche Bank, Bank of America, Banc...
Santander’s Openbank Starts Offering Crypto Trading in Germany, Spain Coming Soon
The service allows customers to buy, sell and hold five popular cryptocurrencies: BTC, ETH, LTC, MATIC and ADA.
Coinbase Policy Chief Pushes Back on Bank Warnings That Stablecoins Threaten Deposits
Coinbase’s policy head said concerns of stablecoin deposit flight are myths, claiming banks are really defending profits from an outdated payments system.
Hong Kong's Central Bank Plans to Ease Rules on Banks' Crypto Holding: Report
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets
US Bancorp Restarts Support for Bitcoin (BTC) Custody Services to Investment Managers
The Minneapolis-based bank with over $685 billion in total assets has renewed its Bitcoin custody services for institutions. Following a 3-year pause, now in a more crypto-appreciative environment, th...
US Banks Moved $312B in Chinese Drug Money, But Crypto Gets the Blame
US financial institutions processed $312 billion in suspicious transactions linked to Chinese money laundering networks between January 2020 and December 2024, according to a new FinCEN analysis of 13...
US Banks Demand Stablecoin Yield Ban While Paying Depositors Nearly Nothing
Banks in the United States are lobbying to change new stablecoin regulations under the GENIUS Act, fearing massive deposit outflows as crypto exchanges gain a competitive advantage in offering yield t...