Banking news articles
Tezos Soars 29% in a Day Amid Adoption by Swiss Banking Giants
The value of open-source blockchain platform Tezos surged 29 percent in 24 hours after it was chosen by a Swiss banking consortium to develo...
ATMs Run Out of Money in Afghanistan as Taliban Occupies Major Cities
Afghanistan is under siege by the Taliban and with the president fleeing the capital, the state has fallen to the self-proclaimed Islam...
Jamaica Mints Nation’s First CBDCs with $230 Million JMD Pilot
Jamaica has become one of the few nations to release a central bank digital currency (CBDC) this year. On August 10, the Bank of Jamaica (BO...
Nigeria to Launch Digital Currency “e-naira” in October
The central bank of Nigeria has confirmed it will test the “e-naira”, a Central Bank Digital Currency (CBDC), as early as Octobe...
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...