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Basel Committee to consider disclosure requirements for banks’ crypto assets

October 6, 2023 by DIGIT

The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said. Go to Source

Categories Banking, Banks, Basel, BIS, Cryptocurrencies, Digital Asset

Brazil BTG Pactual bank buys Bitcoin-friendly brokerage Orama for $99M

October 3, 2023 by DIGIT

BTG Pactual is known for launching cryptocurrency trading services for its customers and is also planning to launch its own stablecoin. Go to Source

Categories Banks, Brazil, Cryptocurrencies

Class-action suit filed against Binance for alleged harm to FTX before its collapse

October 2, 2023 by DIGIT

A California resident is suing Binance and its CEO for tweets last November that, according to allegations, led to the collapse of the rival exchange. Go to Source

Categories Banks, Binance, Changpeng Zhao, Court, ftx, FTX Token

Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets

September 29, 2023 by DIGIT

The losses on US Treasuries recently surpassed $1.5 trillion and the likely outcome is turbulent markets, but how will Bitcoin price fare? Go to Source

Categories Banks, btfd, Crisis, debt, Fed, FRB, Inflation, Liquidity, Markets, shutdown, SVB, Treasury

Coinbase CEO slams Chase UK for ‘totally inappropriate’ crypto move

September 27, 2023 by DIGIT

Coinbase CEO Brian Armstrong has been actively pursuing the exchange’s expansion ambitions in the United Kingdom amid mounting legal issues in the U.S.. Go to Source

Categories Banks, Coinbase, JPMorgan Chase, United Kingdom

Sixth Swiss Bank Joins SDX Crypto Exchange

September 27, 2023 by DIGIT

Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, joins the Central Securities Depositary of SDX. Go to Source

Categories Banks, Switzerland

JPMorgan’s subsidiary Chase UK to restrict crypto transactions

September 26, 2023 by DIGIT

Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions. Go to Source

Categories Banks, JPMorgan Chase, Transactions, United Kingdom

Bitcoin Adoption Fund launched by Japan’s $500B Nomura bank

September 19, 2023 by DIGIT

The Bitcoin Adoption fund will have long-only exposure to Bitcoin and be available to institutional investors. Go to Source

Categories Banks, Cryptocurrencies, Investments, Japan

Second-largest Thai bank creates $100-million AI fund

September 14, 2023 by DIGIT

The fund, named KXVC, will target AI, Web3, and Deep Tech startups with a focus on the Asia-Pacific region. Go to Source

Categories Banks, thailand

CBDCs will gradually displace private banks, says Russian lawmaker

September 6, 2023 by DIGIT

Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August. Go to Source

Categories Banks, CBDC, Central Bank, Russia
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  • bitcoinBitcoin(BTC)$89,690.00-1.12%
  • ethereumEthereum(ETH)$3,034.74-2.93%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-1.62%
  • binancecoinBNB(BNB)$886.09-0.57%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$133.01-2.74%
  • tronTRON(TRX)$0.2903972.01%
  • staked-etherLido Staked Ether(STETH)$3,034.57-2.77%
  • dogecoinDogecoin(DOGE)$0.139607-3.11%