Banks news articles

Dashing for Billions: Czech National Bank Sets Pace, South Dakota and Kentucky Race Toward Bitcoin Reserve Strategy
If the race to establish a crypto reserve (or in most cases, a Bitcoin reserve) was a literal race, you’d assume many haven’t heard the ...

Fed Chair Powell Says Banks Open to Crypto With Proper Risk Controls
Crypto markets have gone parabolic after Fed chair Jerome Powell claimed US banks can hold crypto assets as long as they have established ri...

BoA Chief Says US Banks Ready to Adopt Crypto for Payments, Pending Regulatory Clarity
According to Brian T. Moynihan, the boss of Bank of America, US banks are ready to use crypto, as long as regulators are. The chief of the s...

Bitcoin in Bella Italia? Lawmaker Pushes for Crypto Investments but Nixes Reserve Dreams
After Italy’s largest bank, Intesa Sanpaolo, made its first-ever purchase of Bitcoin, the move sparked interest among observers. Now, ...

Italy’s Largest Bank Buys $1 Million Worth of Bitcoin as Texas, Oklahoma Join List of US States Pondering Bitcoin Reserve
How the turns have tabled. In 2017, Carlo Messina, the CEO of Italy’s largest bank, Intesa Sanpaolo, called digital assets a ‘speculativ...

No, Penny Wong Isn’t Being Sued Over a Crypto Scheme: Inside the Fake News Article
Remember that time Australia’s Foreign Minister, Penny Wong, went on live TV and promoted that dodgy cryptocurrency software? Well now eve...

Czech National Bank Considers Adding Bitcoin to Reserves: Which Other Countries Might Follow?
The plot thickens. There’s another potential entrant in the race to establish a Bitcoin reserve. Speaking on CNN Prima News, Czech Nationa...

John Deaton Offered to Lead Probe into Crypto Banking Blockade Under Trump
Banks have – begrudgingly – begun accepting that cryptocurrency is here to stay. In the early days of the blockchain, these financial in...

Bitcoin Reclaims $100K Amid Optimistic CPI Data and Cautious Fed Stance
The latest news that inflation is maintaining pace with the Reserve Bank’s target left markets cautiously optimistic, pushing Bitcoin back...

BIS Report Urges Caution, Weighs Up Pros and Cons of Asset Tokenisation
The Bank for International Settlements (BIS) has issued a report highlighting potential risks associated with the growing trend of tokenisat...

ECB Paper Claims Bitcoin’s Price Rise Favours Early Holders, Poses Risk to Social Stability
A paper published by the European Central Bank (ECB) on October 12 claims that the continued existence of Bitcoin poses a threat to the glob...

SWIFT Set to Revolutionise Banking with 2025 Digital Asset Trials
In 2025, banks across North America, Europe, and Asia will join forces with SWIFT to trial digital assets. SWIFT, the global financial messa...