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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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.
- News
Bank charter approvals have fallen since 2008, but crypto companies see opportunity under the welcoming new administration.
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A US-led tariff war, preexisting economic sanctions, and global Bitcoin and stablecoin adoption could play a role in some countries’ attempts to dedollarize.
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The traditional banking system feels threatened by blockchain alternatives as legacy systems underperform in terms of cost and convenience.
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New US regulatory guidance clarifies that banks can act as validators for proof-of-stake networks.
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The investment firm is finally rolling out its Bitcoin financing business, which allows institutional investors to leverage their crypto holdings.
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At least 30 tech and crypto founders were reportedly “secretly debanked” in the US during Operation Chokepoint 2.0.
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The OCC has eased "the burden" on US banks engaging in crypto activities after US President Donald Trump vowed to end the “ridiculous” Operation Chokepoint 2.0.
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One of the largest banking groups in the region, Dubai-state-run Emirates NBD, offers crypto trading services in collaboration with Aquanow and Zodia Custody.
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Sygnum’s off-exchange custody platform allows traders to mirror assets held in Sygnum’s custody while trading on an exchange like Deribit.
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Turkish banks have been increasingly moving into crypto by offering their clients investments in diverse crypto assets, with BankPozitif being the latest.
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The Bank of Israel released a preliminary design for a digital shekel, detailing its ecosystem, technical framework and regulatory considerations.
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DekaBank’s entrance into crypto trading marks a case of MiCA’s positive impact on industry adoption within the European Union.
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Custodia Bank fought to service crypto firms under the previous administration but faced resistance from US regulators.
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Standard Chartered’s head of digital assets research believes BTC will hit $200,000 this year and $500,000 before President Trump concludes his second term.
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