Banks News
Hong Kong Monetary Authority Issues Warning Against ‘Crypto Banks’
The Hong Kong Monetary Authority has warned the public about crypto businesses that claim to be banks and use banking terms in marketing mat...
Australian Banking Giant Enlists Chainlink For Tokenized Asset Testing
One of Australia’s major banks, the Australia and New Zealand Banking Group (ANZ), recently announced its adoption of Chainlink’s cross-...
Deutsche Bank Boosts Institutional Crypto Adoption with Asset Custody Offer
Deutsche Bank, Germany’s largest bank, with $820 billion in assets under management, has just entered a partnership that enables its i...
This 153-Year-Old Bank Giant Will Start Holding Crypto for Clients
Deutsche Bank, boasting nearly one and a half trillion dollars in assets, has initiated custody services for its clients’ cryptos. The 153...
Hong Kong-Israel CBDC Project Examines Security, Privacy, Accessibility
The Bank for International Settlements’ Project Sela used novel intermediaries to cut liquidity risk for central bank digital currencies. ...
The G20’s Crypto Hand-Wringing Is Not Significant
The G20 can say what it wants on the crypto regulations front. It’s not a threat to the ecosystem, says Noelle Acheson. Joko Widodo Presid...
Futures Rise As Dollar Slumps, JGB Yields Jump, Tesla Soars
US futures and global stocks were broadly higher to start the week, helped by the biggest drop in the US dollar in two weeks following hawki...
Kickstarting Bitcoin Bull Run Requires Fiat Money Supply Growth
While bulls point to next year’s halving as a bull catalyst, any sizable uptrend is likely contingent on major central banks boosting ...
The Debankings Will Continue Until Sovereignty Improves
An independent alternative to financial repression… After Silicon Valley Bank failed, President Biden told Americans they “can rest ...
CBDCs Will Kill Off Traditional Banks, Claims Russian Politician
Anatoly Aksakov, head of Russia’s parliamentary financial committee, recently threw a proverbial grenade into the financial world. He asse...
Digital ruble rise threatens future of conventional banking in Russia
Anatoly Aksakov, the chairman of Russia’s Financial Market Committee in the State Duma, suggested that the Digital Ruble, a central bank d...
Russian Lawmaker Predicts that Digital Ruble Will Displace Banks
Eventually, the digital ruble, alongside the development of blockchain, will displace the need for banks, Russian lawmaker Anatoly Aksakov s...