Crypto is going mainstream: Here’s how the future founders will build on it
Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas?
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The FDIC wants US banks to report on current and intended crypto-related activities
The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities.
Central Bank of Russia tightens P2P transactions monitoring, including those in crypto
The regulator’s recommendation is designed to prevent capital flight amid economic collapse.
HSBC enters The Sandbox to offer educational finance games
Partnership hopes to promote financial literacy via gamified experiences within the metaverse.
Dedicated crypto teams booming within traditional financial firms
As more and more financial giants set up crypto research teams, experts see this trend continuing to gain traction in the future.
Citi’s digital asset co-heads resign with plans to create crypto startup
This move follows various other banking veterans making the change from Wall Street to crypto ventures.
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.”…
BNY Mellon partners with Chainalysis to track users’ crypto transactions
Bank of New York Mellon, the world’s largest custodian bank, has partnered with blockchain software firm Chainalysis to track its users’ crypto transactions.
Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos…
Future of finance: US banks partner with crypto custodians
Traditional financial institutions must work hand-in-hand with crypto custodians, sub-custodians and service providers moving forward.