Browsing Tag
#Banks
161 posts
JPMorgan bank deploys JPM Coin for euro-denominated payments
The United States-based investment bank JPMorgan is expanding the implementation of one of its major blockchain projects into…
Rising institutional interest is a ‘bullish’ sign for crypto: SEBA Bank exec
As more institutions go from only showing their interest in the crypto space into actually investing in Web3…
Circle and Sequoia were among top depositors at Silicon Valley Bank: Report
Stablecoin issuer Circle and venture capital firm Sequoia Capital were reportedly among the top 10 depositors at the…
Fed, SEC investigate Goldman Sachs over Silicon Valley Bank’s securities portfolio: Report
Goldman Sachs is currently facing scrutiny from the Federal Reserve and Securities and Exchange Commission (SEC) regarding its involvement…
US court rejects Fed’s motion to dismiss Custodia Bank case
Custodia Bank took a step forward in its legal battle against the Federal Reserve, as a Wyoming federal…
MUFG to facilitate Japanese bank-backed stablecoins via Progmat Coin platform
Megabank Mitsubishi UFJ Financial Group (MUFG) has announced its stablecoin issuance platform “Progmat Coin” will soon be used…
Investment bank TD Cowen shuts crypto unit a year after opening
Just over a year after launching its crypto unit, American independent investment bank TD Cowen has announced the…
Buying a bank won’t solve crypto’s debanking issue — Binance CEO
Binance CEO Changpeng Zhao says the firm is unlikely to buy up any banking institutions, despite a growing…
Wells Fargo to pay $1B in shareholders lawsuit settlement
Financial services firm Wells Fargo has reached a settlement in a class-action lawsuit, agreeing to pay shareholders $1…
Signature Bank failed to understand risks associated with crypto: FDIC chair
Investigations into the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit…