Banking news articles
FTX Finalises Deal with BlockFi, Option to Buy for Up to $240 Million
Embattled crypto lender BlockFi has signed a deal with FTX US, the American arm of Sam Bankman-Fried’s crypto exchange, which will see FTX...
Ailing Crypto Lender ‘Celsius’ Found to Have Double the Traditional Banking Risk
With an alleged assets-to-equity ratio near double that of the average US bank in late 2021, crypto lender Celsius had taken on far more ris...
ANZ Bank Uses Its Stablecoin A$DC to Buy Tokenised Carbon Credits
The stablecoin created by the Australia and New Zealand Banking Group (ANZ), A$DC, has been used by one of its large institutional customers...
ANZ Bank Pushes Forward With Stablecoin A$DC, But Isn’t That Bullish On Crypto Yet
The Australian and New Zealand Banking Group (ANZ) wants to extend the usage of its cash-backed stablecoin, A$DC, amid demand for access to ...
Australia’s Big Banks Remain on the Crypto Sideline, For Now
Major banks down under are reportedly vulnerable to losing customers to global ‘super apps’, according to the Australian Financial Revie...
Stripe and OpenNode Join Forces to Bring BTC Payments to Millions of Merchants
Stripe, one of the world’s largest payment processors, is partnering with OpenNode to allow instant fiat-to-bitcoin conversions for a ...
Commonwealth Bank of Australia Halts Crypto Trading Pilot Amid Market Turmoil
The Commonwealth Bank of Australia (CBA) announced this week that it will be halting its rollout of the upcoming in-app crypto trading facil...
Brazil’s Largest Digital Bank Nubank Launches BTC and ETH Trading
Nubank, Brazil’s biggest digital bank by market volume, now allows customers to buy and sell bitcoin and ethereum on its Paxos-support...
90% of Central Banks are Exploring CBDCs: BIS Report
A survey by the Bank For International Settlements (BIS) has found that nine out of 10 of the central banks surveyed are exploring central b...
Goldman Sachs Makes its First Bitcoin-Backed Loan
Wall Street titan Goldman Sachs Group Inc (GS) has further legitimised Bitcoin as a global macro asset class by making its entrance into the...
Australian Regulator Lays Out Crypto Industry Regulatory Roadmap
The Australian Prudential Regulation Authority (APRA) this week revealed its preliminary risk management expectations for regulated entities...
AUSTRAC Releases Guide to Detect and Prevent Illicit Crypto Activity
The Australian Transaction Reports and Analysis Centre (AUSTRAC) published two guides this week with hopes of helping Aussies detect and pre...