Banking news articles
Speculation Heats Up as Morgan Stanley, UBS Race to Become First Bitcoin ETF Bank
Banks and Bitcoin together at last? For years, banks tried to convince us all that Bitcoin was the bogeyman. It makes sense why – cryptocu...
SWIFT to Launch CBDC Platform Following Successful Experiment
The wave of digital currencies can’t be stopped. Although the United States has explicitly stated they aren’t interested in a central ba...
Driving Financial Innovation: ANZ And Chainlink Release Cross-Chain Settlement Study
“Big Four” Australia bank, ANZ, and Chainlink are leading the way for cryptocurrency adoption among financial institutions, as the partn...
Brazil Legalises Crypto as a Payment Method
The Brazilian Chamber of Deputies, the equivalent of Australia’s House of Representatives, has approved legislation to legalise the use of...
Crypto Lender Genesis Warns Potential Bankruptcy
The fallout from the FTX fiasco could also topple crypto brokerage Genesis, which has warned customers it may need to file for bankruptcy un...
Buffet-Backed Neobank to Launch Its Own Crypto Token
Warren Buffet-backed Nubank, Brazil’s largest digital bank by market volume, has announced it will launch its own cryptocurrency in the fi...
Mastercard and Paxos Team up to Help Banks Offer Crypto Trading
Mastercard announced Monday that it is extending its partnership with cryptocurrency trading platform Paxos to create a program to make it e...
Celsius Has a $2 Billion Hole, on Track to be Out of Cash by October
Crippled crypto lending platform Celsius, which filed for bankruptcy in July, appears to be in an even worse financial position than previou...
One Billion Crypto Users Predicted by 2030: Global Research Report
A joint report published by Boston Consulting Group, Bitget and Foresight Ventures predicts global crypto adoption could surge to 1 billion ...
Westpac Makes its Tentative First Steps Towards Crypto
After remaining silent on the topic for most of this year, major Australian bank Westpac has indicated its intent to enter the blockchain an...
FTX Finalises Deal with BlockFi, Option to Buy for Up to $240 Million
Embattled crypto lender BlockFi has signed a deal with FTX US, the American arm of Sam Bankman-Fried’s crypto exchange, which will see FTX...
Ailing Crypto Lender ‘Celsius’ Found to Have Double the Traditional Banking Risk
With an alleged assets-to-equity ratio near double that of the average US bank in late 2021, crypto lender Celsius had taken on far more ris...