Banking – Page 16 – DIGIT INFO

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.

Go to Source

What is the importance of blockchain in the RegTech ecosystem?

RegTech enhances compliance for financial services institutions. This guide explains how blockchain works in banking to achieve this goal.

Go to Source

US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on Its Balance Sheet’

Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot of sense.” Former Federal Reserve Vice Chairman Believes Crypto Perspectives […]

Go to Source

Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads

The lawmaker claimed that crypto is not real money and companies splurging millions on advertisements proves that.

Go to Source

US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

FDIC’s acting chairman stated that the work on crypto-related guidance for U.S. banks is underway.

Go to Source

3 things the crypto sector must offer to truly mainstream with TradFi

“Reforming the face of finance” is crypto’s primary sales pitch, but the sector needs to offer a few basic components before being welcomed into the arms of the traditional finance sector.

Go to Source

Seba Bank raises $119M in Series C funding

“This funding will allow us to further develop our digital asset banking platform and strengthen our presence in global markets by attracting new talent,” says Guido Buehler, CEO of Seba Bank

Go to Source

Sberbank Launches First Blockchain ETF in Russia

Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces ETF Tracking Blockchain Economy Index The largest banking and financial services provider in Russia and the post-Soviet space, […]

Go to Source

Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’

Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” and […]

Go to Source

Mutual Bank in New Jersey to Give Customers the Ability to Buy, Sell and Hold Cryptocurrency

Manasquan Bank, a mutual community bank in New Jersey serving residents since 1874, has announced it is partnering with the company Bakkt to give its retail clients the ability to buy, sell and hold cryptocurrency through the bank’s mobile banking application. Manasquan Bank to Give Customers Access to Crypto A mutual community bank headquartered in […]

Go to Source