Russian bank issues first on-chain bank guarantee in Chinese yuan
The transaction was performed through the Masterchain blockchain platform, which is the Russian national blockchain network.
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UK banking regulator to propose crypto issuing, holding rules after Basel 3 finalized
The Bank of England Prudential Regulatory Authority will facilitate international economic growth under the Financial Services and Markets bill now in Parliament.
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow…
US agencies recommend old risk management principles for crypto liquidity
The joint statement highlighted the key liquidity risks associated with crypto-assets and related participants for banking organizations.
FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves
The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a Minority-owned Depository Institution.
MakerDAO voting on $100M loan participation with Florida commercial bank
Florida’s Cogent Bank is proposing a $100 million participation in loans to MakerDAO’s RWA Master Participation Trust.
Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure
The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.
Crypto bank Silvergate ranks as the second most-shorted stock on Wall Street
Over 72% of Silvergate Capital Corp stocks were shorted as of Jan. 31, shows FINRA's latest data.
Banks under pressure from U.S. authorities to cut ties with crypto firms
United States authorities are allegedly discouraging banks from offering services to the crypto industry.
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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