News
The exact nature of the alleged probe remains unclear, though Homeland Security’s El Dorado Task Force primarily targets international money laundering and financial crimes.
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Banks News
While one of the goals of cryptocurrencies is to render traditional banking obsolete, banks as a financial institution still play a critical role in the advent and adoption of the emerging crypto economy in two ways.
Firstly, outside of a physical cash exchange for cryptocurrency, banks provide the fiat bridges to cryptocurrency markets. Without them, the influx of capital and interest in the blockchain industry would be nowhere near the magnitude it is today.
Secondly, many of the world’s leading banks are researching and, in some cases, developing their own central bank digital currencies, or CBDCs, which aim to secure hegemony in the digital asset space largely in response to the growth of the crypto economy.
As digital finance evolves before our eyes, banks as a commonplace financial organization may change drastically in their role and purpose in society — even if it leads to obsolescence.
- Market Analysis
Rising systemic risks and distrust in the Federal Reserve could push investors toward Bitcoin as a safe haven.
5332 - News
OKX and Standard Chartered launched a pilot letting institutions use crypto and tokenized money market funds as collateral, starting under Dubai’s virtual asset regulations.
8890 - News
Taurus’s interbank digital asset network launches with participation from Arab Bank Switzerland, Capital Union Bank, Misyon Bank, Swissquote and others.
2579 - News
Thai regulators are sharpening measures against digital asset mule accounts, restricting foreign crypto P2P platforms and imposing penalties of up to $8,700.
9544 - News
As the crypto industry grows and ties in with traditional markets, sharp price falls could increasingly disrupt the broader market, says ESMA executive director Natasha Cazenave.
9563 - News
Messari’s Eric Turner and Sygnum Bank’s Thomas Eichenberger expect a global push into Bitcoin by banks in 2025 as regulators embrace crypto.
11444 - Opinion
Stablecoins power deobanks, a new generation of decentralized banks that offer accessible, efficient and transparent financial solutions, especially in high-risk areas.
3790 - News
The new guidelines come after the FDIC removed the ‘reputational risk’ category from bank exams.
20811 - News
As of March 4, Coinbase controlled 3.84 million ETH across 120,000 validators, accounting for 11.42% of all staked Ether.
15389 - News
Bpifrance is planning to buy tokens to support local crypto and blockchain projects, including those involved in decentralized finance, staking, tokenization and AI.
2759 - News
Less than 20% of European banks offer crypto services despite rising investor demand and regulatory clarity across the region, a Bitpanda survey shows.
4289 - News
Custodia Bank said it partnered with Vantage Bank to tokenize US dollar demand deposits and issue them on Ethereum.
3209 - News
The move follows the US Office of the Comptroller of the Currency ceasing examinations for reputational risk.
2863 - News
According to blockchain regulatory advisers, efforts to debank the crypto industry may persist until January 2026, when Trump could appoint a new Federal Reserve Governor.
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