German DekaBank plans to launch tokenization platform by 2024
DekaBank’s partnership with Metaco is not about cryptocurrencies like Bitcoin but the tokenization of bonds and stocks.
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Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say
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
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
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
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
Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system.
Japanese regulators want crypto treated like traditional banks
Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.
Bank of Thailand to allow first virtual banks by 2025
By allowing virtual banks, Thailand seeks to boost competition and economic growth.
New York-based bank exits crypto after tumultuous year
The Metropolitan Bank Holding Corp, the holding company for Metropolitan Commercial Bank, says it’s completely exiting its crypto-asset-related vertical.
German regulator warns of new banking and crypto malware ‘Godfather’
The “Godfather” malware is also known to target 110 cryptocurrency exchange platforms and 94 cryptocurrency wallet apps.
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