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Banking
USDF Stablecoin Consortium Adds 3 More Banks
Amerant Bank, ConnectOne Bank and Primis Bank will join the U.S.-based group pushing for blockchain-based payment rails.
Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet
A wave of sanctions hitting Russia highlights the complex web of connections that make up contemporary global society – and its ultimate fragility.
EU Excludes 7 Russian Banks From SWIFT
The bloc is also studying whether crypto is being used to evade sanctions.
Japan's Mitsubishi UFJ Financial Ends Blockchain Payment Network Plan
Slow growth in transaction numbers caused by COVID-19 made it difficult to expand the business at the pace originally planned.
Berkshire Hathaway Invests $1B in Brazilian Digital Bank Nubank, Reduces Mastercard, Visa Positions
The share purchase was made in the last quarter of 2021, according to an SEC filing.
Protego Trust Beefs Up Board by Adding Brian Brooks and Michael Carpenter
The new appointments deepen the digital bank’s expertise in digital assets, regulatory compliance and bank operations as it hopes to become a federally chartered national bank.
Crypto Trading Volume Revs Up at Singapore's DBS Bank
DBS Digital Exchange saw its – albeit modest – trading volume in Q4 2021 grow to $595.5 million, more than double the preceding three quarters.
Caitlin Long's Wyoming Crypto Bank Takes a Step Toward Fed Membership
It's no guarantee of Fed approval, but Avanti Bank now has a routing number through the American Bankers Association.
Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report
The trust banking arm of Mitsubishi UFJ plans to use blockchain technology for securities trading with the stablecoin acting as a payment instrument.
Anchorage Closes In on FDIC Crypto Custodian Deal, Documents Show
The three-year deal would have Anchorage act as a crypto asset manager and liquidator for the U.S. bank regulator.
