Browsing Tag
#Banks
161 posts
Bug in Fed’s payment system prevents Americans from getting paid
Some of the largest United States banks cannot facilitate customer’s deposits after one of the Federal Reserve’s payment…
Brazil BTG Pactual bank buys Bitcoin-friendly brokerage Orama for $99M
Major Brazilian investment bank BTG Pactual is acquiring cryptocurrency-friendly brokerage Orama as part of its strategy to expand…
Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse
Crypto-friendly Silvergate Bank ultimately collapsed this year due to over-dependence on risky crypto deposits and nepotism that led…
Hong Kong could be a ‘tailwind’ for lagging crypto activity in Asia — Chainalysis
Recent crypto advancements in Hong Kong could provide a “potential tailwind” to lift crypto activity in the East…
Sixth Swiss Bank Joins SDX Crypto Exchange
Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion (6.6 billion Swiss francs) in assets, has joined…
Second-largest Thai bank creates $100-million AI fund
Kasikornbank, or KBank, one of Thailand’s largest private banks, launched a flagship fund to invest in artificial intelligence…
Binance CEO brushes off negativity, assures firm has ‘no liquidity issues’
Binance co-founder and CEO Changpeng “CZ” Zhao has hosed down recent rumors against his firm, assuring its balance…
South Korean Hana Bank enters crypto custody business with BitGo
One of the largest South Korean banks, KEB Hana Bank, is moving to offer digital asset custody services…
Crypto highlighted as ‘novel and complex’ risk to US banks: FDIC report
Crypto-assets and their related activities present key risks to the United States banking system and warrant closer supervision,…
US bank reveals $166M in crypto holdings: Q2 earnings report
The San Fransico-based SoFi bank holds almost $170 million in crypto on its balance sheet, according to its…