Banking


Finanza

Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 Billion

Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses.

(Sophie Backes, Unsplash)

Politiche

Crypto Banking Platform BVNK Wins Registration in Spain

Registration as a virtual asset services provider with the Bank of Spain will allow BVNK to offer its services to corporates across the country.

Sede del Banco de España. (Shutterstock)

Opinioni

What Credit Suisse and Three Arrows Capital Have in Common

One of the world’s most embarrassingly bad banks is tanking – and some of its biggest missteps will look all too familiar to crypto financiers.

Credit Suisse is the latest banking giant to flirt with crypto. (Cayambe/Wikimedia Commons)

Politiche

‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say

Banks want to see caps on bitcoin holdings increased fivefold under planned global standards

The industry worries proposed new bank crypto rules are unduly cautious. (Peter Dazeley/Getty Images)

Politiche

Banks’ Crypto Asset Holdings May Be Just 0.01% of Total Risk Exposure, Basel Study Finds

The first survey of its kind may influence crucial global standards on bank capital for crypto.

Los reguladores están estudiando qué normas bancarias deberían aplicarse a las criptomonedas. (Wang Yukun/Getty Images)

Finanza

Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions

About 45 employees will be laid off from the firm, which was valued at over $1 billion a year ago.

TrueLayer to lay off 10% of its staff. (Pawel Chu/Unsplash)

Finanza

Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.

Signature Bank CEO Joseph DePaolo (Signature Bank)

Finanza

Credit Suisse Held $31M in ‘Digital Assets’ for Clients Last Quarter

The Swiss bank disclosed its custody of what are more likely tokenized securities than cryptocurrencies in keeping with SEC accounting guidance.

Credit Suisse is the latest banking giant to flirt with crypto. (Cayambe/Wikimedia Commons)

Finanza

Investment Bank Cowen Nabs 2 Crypto Hires for Digital Asset Team

Cowen's crypto-focused hires come after the bank launched its digital asset division this year.

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Finanza

China's Ant Group to Work With Malaysian Investment Bank Kenanga on Crypto 'SuperApp'

Malaysia's largest independent investment bank will introduce an app that includes crypto trading and portfolio management.

Kuala Lumpur, Malaysia (Meric Dagli/Unsplash)