Banks – Page 25 – Miami Crypto Coin

Banks under pressure from U.S. authorities to cut ties with crypto firms

Post author:MiamiCrypto
Post published:February 9, 2023
Post category:Banks Government SEC United States

United States authorities are allegedly discouraging banks from offering services to the crypto industry.

German DekaBank plans to launch tokenization platform by 2024

Post author:MiamiCrypto
Post published:February 9, 2023
Post category:Banks Germany Smart Contracts Tokens

DekaBank’s partnership with Metaco is not about cryptocurrencies like Bitcoin but the tokenization of bonds and stocks.

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say

Post author:MiamiCrypto
Post published:February 3, 2023
Post category:Analysts Bank of Russia Banks Benefits CBDC Customers Digital Currency digital ruble experts Finance Losses pilot profits project report Research Retailers Russia russian study trials

Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have predicted. The benefits for consumers using the…

US lawmakers renew request for answers from Silvergate on FTX: Report

Post author:MiamiCrypto
Post published:January 31, 2023
Post category:Banks Congress ftx Regulation United States

Silvergate reportedly cited restrictions on disclosing “confidential supervisory information” related to the collapse of FTX in response to a similar December 2022 letter.

Crypto Bank Custodia Denied Membership in US Federal Reserve System

Post author:MiamiCrypto
Post published:January 29, 2023
Post category:application Bank Banks board Central Bank Crypto crypto assets Cryptocurrencies Cryptocurrency Custodia denial Fed Federal Reserve Federal Reserve Board Finance master account Member Membership U.S.US

The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by…

Fed denies Custodia Bank application to join the Federal Reserve System

Post author:MiamiCrypto
Post published:January 27, 2023
Post category:Banking Banks Central Bank Federal Reserve

The bank applied for the application in 2019 and sued the Fed in an attempt to speed up the decision.

U.S. home-loan banks lent billions of dollars to crypto banks: Report

Post author:MiamiCrypto
Post published:January 21, 2023
Post category:Banks Financial Services Financial Systems

Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system.

Japanese regulators want crypto treated like traditional banks

Post author:MiamiCrypto
Post published:January 17, 2023
Post category:Banks Crypto ftx Japan Regulations

Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.

Bank of Thailand to allow first virtual banks by 2025

Post author:MiamiCrypto
Post published:January 15, 2023
Post category:Banks Central Bank Thailand Virtual Currencies

By allowing virtual banks, Thailand seeks to boost competition and economic growth.

New York-based bank exits crypto after tumultuous year

Post author:MiamiCrypto
Post published:January 9, 2023
Post category:Banking Banks United States

The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, says it’s completely exiting its crypto-asset-related vertical.