Banking News
Swiss crypto bank Seba rebrands to Amina amid global expansion
Major Swiss cryptocurrency-enabled bank Seba is changing its name amid growing ambitions to expand its trading services worldwide. Seba Bank...
Commerzbank Becomes First German Full-Service Bank to Get Crypto License
Frankfurt-based Commerzbank AG has received approval from German regulators to run a crypto custody business. According to a statement relea...
HSBC Expands Promising Digital Asset Custody Industry in Asia
HSBC Holdings will launch a digital asset custody service for institutional clients in 2024. The bank will tap European firm Metaco, owned b...
Kasikornbank Steps Into Crypto With $103 Million Satang Exchange Acquisition
Thailand’s Kasikornbank (KBank) has acquired a 97% stake in the holding company of Satang crypto exchange. The deal, reportedly worth arou...
US consumer watchdog mulls applying e-banking laws to crypto
The top United States agency for consumer financial protection is considering applying the Electronic Fund Transfer Act (EFTA) to crypto, in...
Deutsche Bank Under BaFin’s Scrutiny Amid Postbank Operational Failures
Deutsche Bank, which has weathered negative publicity in recent days thanks an enforcement action against one of its affiliates, now suffers...
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...
Deutsche Bank Subsidiary DWS Fined $25 Million for AML and Reporting Failures
The cryptocurrency industry has struggled to counter the view that it facilitates money laundering. The latest enforcement action by the Sec...
Crypto Lender Hodlnaut’s OPNX Exchange Acquisition Hits Roadblocks
Hodlnaut’s takeover by the OPNX exchange is facing challenges after the interim judicial managers called the exchange’s tokens “illiqu...
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...