An unconfirmed report suggests Taurus will provide crypto custodial services to Spanish fin-serv giant Banco Santander.
Category: Banking
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Canadian regulator seeks feedback on crypto asset exposure disclosure requirements
The Canadian Office of the Superintendent of Financial Institutions is following a Basel model for its disclosure requirements.
Santander offers Bitcoin, ETH trading for Swiss account holders: Report
High-net-worth individuals of Santander Private Banking International will have access to trade BTC and ETH, according to a report claiming access to a leaked internal communication.
Hashing It Out: How Web3 is causing an evolution of traditional finance
Sarah Clark, the CEO of E-Gates, believes that traditional finance needs to adopt features of decentralized finance as part of an evolution instead of seeing it as a revolution.
Fiat on-ramps, banking partners crucial for institutional Web3 adoption – European Blockchain Convention
Prominent fiat payment rail services and neobanking platforms are becoming a catalyst to address institutional mistrust in the cryptocurrency sector.
TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator
Cointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program.
AI’ takes Collins dictionary word of the year, ‘debanking’ makes shortlist
The Collins dictionary named AI word of the year, describing AI-powered language models as “bursting into the public consciousness” and “much talked about” in 2023.
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found.
Banks’ crypto exposure must be disclosed: BIS’ Basel Committee
The proposed regulations are currently open to the public for comments and if approved they will come into effect by Jan. 1, 2025.
Scammers prefer banking customers over crypto investors in Ireland: Report
To date, Irish authorities managed to recover approximately 4 million euro of the 20 million euro that were lost in banking scams since January 2023.