banks


Policy

OCC Says Banks Can Engage in Crypto Custody and Certain Stablecoin Activities

OCC lifts approval and control requirements for banks engaging in cryptocurrency activities in new interpretive letter.

A sign outside the OCC office (CoinDesk)

Tech

Ethereum’s New Cheerleader on Wall Street: A Q&A With Vivek Raman

Vivek Raman, the founder of Etherealize, spent 10 years on Wall Street. Now he's trying to market Ethereum to big banks.

Etherealize co-founder Vivek Raman (Etherealize)

Policy

U.S. Banking Should Ease Path for Crypto, Republican Taking Reins at FDIC Suggests

FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he's critical of the FDIC's digital assets stance.

Incoming FDIC chairman Travis Hill

Finance

Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform

Visa's new Platform will enable the development of fiat-backed tokens powered by smart contracts.

visa, credit cards

Finance

Germany's DZ Bank to Offer Customers Crypto Trading Through Boerse Stuttgart Tie Up

The first banks will be connected this year, with a phased roll out for selected retail customers.

Germany's DZ Bank to offer cooperative bank customers crypto trading services. (Richard Klune/Getty Images)

Finance

UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform

Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.

(Camomile Shumba/CoinDesk)

Finance

Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%

The surging trading volumes helped the bank reach profitability for the first time.

Trading (Pixabay)

Finance

Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ

Revolut has been in talks with investment firm Greenoaks over the sale, which would pave the way for a potential IPO

Revolut to Suspend Certain Crypto Services (Kaysha/ Unsplash)

Policy

Global Banking Standard Setter Approves Disclosure Framework for Crypto Exposures

The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.

BIS building (BIS)

Finance

Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT

The move may reflect users' unease about Binance's regulatory dispute in the U.S., which saw it landed with a $4.3 billion fine in November

Two large stacked blocks displaying Binance's logo at a trade show.