Banking News
Goldman Sachs Plots a Move into ‘DeFi’ with its ETF, Critics Speak Out
Following a July 26 filing with the Securities and Exchange Commission (SEC), Wall Street investment bank Goldman Sachs has taken its tentat...
Banking Giant JPMorgan Announces Crypto Support For Clients
On July 16, JPMorgan announced it had granted its wealth management clients access to cryptocurrency funds, becoming the first major US bank...
European Central Bank Launches Digital Euro Project, Wants It to be More “Sustainable” Than Bitcoin
The European Central Bank has announced it will explore the possible creation of a digital euro, launching a two-year project to work on the...
Debanked Cannabis Companies Are Turning to Crypto
Wholesale cannabis companies are looking to crypto to solve some of the headaches of doing business in an industry where quality matters and...
Big 4 Australian Bank Uses Blockchain Technology to Address Climate Risks
National Australia Bank (NAB) will participate in a new project with several overseas banks to offset carbon emissions using blockchain tech...
Sygnum the World’s First Bank to Offer ETH 2.0 Staking as a Service
Swiss bank Sygnum is officially the world’s first digital asset bank to offer Ethereum 2.0 staking as a service. The bank will stake i...
The Reserve Bank of Australia is Researching Tokenised CBDCs and Financial Assets
The Reserve Bank of Australia (RBA) and its various bodies responsible for financial regulatory issues have been conducting research on impl...
NYDIG is Expanding Crypto Adoption to 650 Banks and Credit Unions in the US
New York Digital Investment Group (NYDIG) has partnered with payment giant NCR to expand Bitcoin adoption in the US. The partnership will en...
Billionaire Salinas is “Working with his Bank in Mexico” to Accept Bitcoin
With an estimated fortune of US$15.2 billion, Ricardo Salinas recently dipped his toe into the world of Bitcoin in a big way – to the ...
Tanzania’s Central Bank Says It’s Working on Adopting Cryptocurrencies
Tanzania’s central bank has made a u-turn on its decision to ban cryptocurrencies following orders from the East African country’...
What Are CBDCs and Stablecoins?
Everything is being dematerialised and it’s no surprise that money is quickly moving in that direction too. Central banks around the w...
Cuba Central Bank Bans US Dollar Cash Deposits
Cuba’s national bank announced on June 11 that it would temporarily put a halt to deposits in US dollars, blaming US sanctions that restri...