Banking news articles
RBA Shifts Focus, Drops Retail CBDC, Prioritises Wholesale in New Roadmap
In a speech delivered yesterday to the Intersekt Fintech Conference in Melbourne, the Reserve Bank of Australia’s (RBA) Assistant Governor...
Bank Of Japan Could Raise Interest Rates, Sparking Further Crypto Market Fears
All eyes have been on the US Federal Reserve following Chair Jerome Powell’s pledge to lower interest rates sometime this month. This pres...
Celsius Sues Tether for US$3.5 Billion in Bitcoin Dispute, Alleges Misappropriation Amid Bankruptcy
The fallout from the 2022 collapse of Celsius continues, with the bankrupt lending platform now suing stablecoin issuer Tether in bankruptcy...
Donald Trump Jr. Plans DeFi Platform Launch, Aiming to Revolutionise US Banking System
Republican presidential candidate Donald Trump has stolen the attention of the crypto community, following several moves toward improving ma...
HSBC Australia Says Crypto’s Popularity with Scammers is Reason for Recent Block
As reported earlier, HSBC Australia has stopped customers from sending money to cryptocurrency exchanges. The sweeping change was made witho...
Breaking: HSBC Blocks All Transactions to Crypto Exchanges Commencing 24 July
HSBC has just announced sweeping changes, affecting anyone using the bank to engage with crypto services – and with very little notice. Fr...
Report: Russia Ponders Crypto Use Amid International Money Transfer Challenges
After the invasion of Ukraine, Russia has been placed under many international sanctions, making the international transfer of money increas...
Standard Chartered Introduces Spot Crypto Trading Amid Growing Institutional Demand
Demand from institutional investors will see Standard Chartered open a crypto desk to allow clients to trade Bitcoin and Ethereum—making i...
Bloomberg: Swiss Push For Finance Sector Transformation with Crypto Integration
According to a report from Bloomberg, in the wake of the collapse of Credit Suisse in early 2023 the country’s financial elite started pla...
ECB, Canada Cut Interest Rates, Arthur Hayes Says This Could Jump-Start Crypto Market
While many had high hopes for several US interest rate cuts in 2024, we are yet to see any such cuts. Meanwhile, Canada and the European Uni...
US Lenders on the Brink of Insolvency, How It Could Affect Crypto
Ahhh, banks. Once the arch-nemesis of crypto, these financial institutions have been softening their stances to become more of a secondary a...
Singapore’s Multinational Bank DBS Denies Holding $650 Million in ETH, Following Nansen Post
The crypto hype machine experienced another glitch this week as on-chain data analytics platform Nansen erroneously raised hopes that Singap...