banking


Policy

Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight

Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.

Monetary Authority of Singapore MAS Building (Shutterstock)

Finance

Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors

The crypto lender also started talks with its largest creditors and borrowers, including Gemini and parent company DCG, to agree on a solution.

(Getty Images)

Layer 2

Is Credit Suisse a Canary in the Financial Industry Coal Mine?

Though recent flubs dominate headlines, the Swiss giant’s real mistake may have been trying to compete with Wall Street in the first place.

A shuttered bank in the ghost town of Rockerville, South Dakota, near Mount Rushmore. (Peter Unger/Getty Images)

Policy

Digital Asset Bank Custodia Files Petition in US Court Over BNY Mellon's Crypto Approval

Custodia alleges the Kansas City Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.

Custodia Bank CEO Caitlin Long (CoinDesk TV)

Finance

BNY Mellon Starts Crypto Custody Service

The custodial lender earlier this fall received approval from financial regulators in New York to begin holding bitcoin and ether for certain customers.

Nasdaq está ofreciendo servicios de custodia de criptomonedas. (Tim Evans/Unsplash)

Videos

Banking in the Metaverse

Host Joel Flynn discusses whether the future of banking is already a virtual reality. This story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."

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Videos

Visa and Mastercard Block Russian Banks Following Global Sanctions

As Russia continues its invasion into Ukraine, Visa and Mastercard have blocked several Russian banking services, restricting transactions for many everyday people in Russia. “The Hash” discusses the weaponization of financial institutions, drawing attention to cryptocurrency’s independence from centralized entities.

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Videos

Goldman Sachs, Other Wall Street Banks Exploring Bitcoin-Backed Loans

Goldman Sachs is reportedly among a handful of tier-one U.S. banks figuring out how to use bitcoin as collateral for cash loans to institutions. "The Hash" panel discusses the latest continuation of Wall Street's embrace of the crypto industry.

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Policy

New Zealand’s Reserve Bank Seeks Public Input on Digital Dollar Before December Deadline

The bank said in its papers that it sees trends in the use of cash which “present an opportunity” to consider broadening central bank money.

Pedestrians walk past the Reserve Bank of New Zealand headquarters in Wellington. (Birgit Krippner/Bloomberg via Getty Images)

Videos

Australian Crypto and Remittance Businesses Face ‘Debanking,’ Senate Committee Hears

An Australian Senate Committee has heard several cases of financial institutions denying or terminating banking services to local cryptocurrency and remittance businesses. Australian banks stand accused of "debanking" and engaging in “anti-competitive” behavior. "The Hash" team discusses the latest regulatory news out of Australia illuminating the complex relationship between traditional finance and the crypto economy.

Recent Videos