banks


Policy

Nigeria’s Central Bank Fleshes Out New Rule Allowing Crypto Firms’ Access to Bank Accounts

Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.

(Emmanuel Ikwuegbu/Unsplash)

Finance

Societe Generale-Backed Euro Stablecoin EURCV Starts Trading on Bitstamp

The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange.

SocGen branch

Finance

Crypto Banking Firm BCB Group CEO Quits 5 Months After His Deputy

Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.

Former BCB Group CEO Oliver von Landsberg-Sadie (BCB Group)

Opinion

Can Bank-Backed Exchanges Solve Crypto Trading’s Trust Problem?

Platforms built for crypto-native investors have an edge over latecomers, though the industry is embracing "institutional-grade" standards, Dr. Bo Bai writes.

(Shutterstock/Jonathan Weiss, modified by CoinDesk)

Policy

Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks

The FDIC's watchdog concluded the agency has been lax in figuring out how to guide U.S. bankers on crypto matters, and it called for a new strategy by January.

(Nikhilesh De/CoinDesk)

Finance

BCB Group’s Chief Banking Officer Ian Moore to Leave This Month

His planned exit follows that of the deputy CEO Noah Sharp in June.

21Shares COO has left the firm (mcmurryjulie/Pixabay)

Policy

FDIC Crypto Warning Underlines U.S. Banking Agencies' Arm’s-Length Policy

The Federal Deposit Insurance Corp. formally added crypto to its annual report on risks facing U.S. banks and says it’s set for “robust” talks about digital assets with bankers.

(Nikhilesh De/CoinDesk)

Policy

Fed Starts New Program to Oversee Crypto Activity in U.S. Banks

Fresh crypto guidance from the U.S. central bank doesn’t represent a departure from previous policy, but it provides more details on what the Federal Reserve expects from banks.

The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Markets

Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals

The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Web3

Banks Have Come to the Metaverse

Several big-name financial institutions have set up shop in virtual worlds, making inroads to a whole new generation of clients.

(Erik Mclean/Unsplash)