Banks news articles

A Glimpse Into Tomorrow With CBDCs – Utopian Innovation or Orwellian Nightmare
CBDCs (Central Bank Digital Currencies) are a frequently discussed topic among crypto enthusiasts and are often considered a perfect dystopi...

The Role of Blockchain in the Evolution of CBDCs (Central Bank Digital Currencies) for Trading
CBDCs (Central Bank Digital Currencies) have become a hot topic among crypto enthusiasts as the main weapon of governments against privacy a...

US Feds Arrest Three Men for Allegedly Duping Banks out of $10,000,000 and Funneling Cash to Crypto Exchanges
Federal law enforcement authorities have arrested three men accused of scamming millions from US banks and financial institutions and then m...

FDIC Sexism and Strip Club Scandal Stirs Up Crypto
A bombshell report detailing a culture of rampant sexual harassment, misogyny, and lewd behavior at the Federal Deposit Insurance Corp. (FDI...

JPMorgan Blockchain Now Allows Automatic Cash Swaps
US banking behemoth JPMorgan has launched automatic blockchain settlements on its JPM Coin system used to transfer tokenized assets. The new...

Ripple-Owned Metaco and HSBC Unveil Plans for Digital Asset Custody Service
Global banking and financial services giant, HSBC, has announced its plans to launch a digital asset custody service for its enterprise cust...

SGKB to Offer Digital Asset Trading, Foresees Surge in Crypto Demand
Swiss bank St. Galler Kantonalbank (SGKB) is to offer Bitcoin (BTC) and Ethereum (ETH) trading to its customers. Crypto-focused bank SEBA wi...

Fed up with banks and centralized exchanges? It’s time for a change
A cutting-edge crypto platform says it offers all the advantages of centralized exchanges in a noncustodial environment. Changex offers seam...

AI Revolutionizes Risk Management: Interview With Steve Rosenblum, Founder of Libertify
One of the fathers of the European Web 1 is diving into Web3! Indeed, if you don’t recognize his name, his previous successes speak for th...

European Central Bank Advances to Next Steps in CBDC Project’s Preparation Phase
The European Central Bank (ECB) has announced its progression to the preparation phase of the digital euro project, following the conclusion...

Banks’ crypto exposure must be disclosed: BIS’ Basel Committee
The Basel Committee of the Bank of International Settlements (BIS) released a consultation paper on Oct. 17, proposing to make it compulsory...

Digital Euro: Spanish Banks Lead the Way in Digital Euro Trials, Possible Merge with Trad-Fi
With central bank digital currency (CBDC) developments gaining momentum worldwide, the European Union appears to be experiencing delays. Des...