Banks News
FinCEN Warns Financial Institutions of Rising Crypto ATM Abuse by Criminals and Cartels
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a formal warning to financial institutions about increasing cri...
Ripple Faces Scrutiny Over Bank Partnership Claims as CTO Responds to Transparency Concerns
YouTuber Andrei Jikh took to Crypto Twitter to voice his concern over XRP and Ripple, specifically adoption, utility and long-term viability...
Tether Gold Surges as Institutions Seek Safe Haven in Tokenised Bullion
As gold prices hit historic highs in 2025, Tether Gold (XAUt), a blockchain-based gold token, has drawn increased interest from both central...
Fed, OCC, and FDIC Spell Out Crypto Custody Rules – No New Requirements, Just Safeguards
US regulators have issued a formal clarification on how banks should approach crypto-asset safekeeping, confirming that no new supervisory s...
Circle Seeks to Open Bank to Expand into TradFi Custody Services
USDC issuer, Circle, is eyeing a move into banking in its latest effort to integrate its web3 technology into the existing financial system....
China Fires Shot at Dollar: Digital Yuan Expansion Begins
China is challenging the dominance of the US dollar in global finance, with central bank governor Pan Gongsheng laying out a vision for a mu...
Standard Chartered and Deutsche Bank Eye US Crypto Comeback Amid Regulatory Shift
After years of sitting on the sidelines, major global banks are reportedly looking to re-enter the US crypto scene. According to a rep...
Bitcoin Too Volatile for Reserve Asset, Claims Swiss National Bank President
2025 should’ve been the year when Bitcoin and other cryptocurrencies become part of national reserve assets – alas it’s not looking gr...
Taurus Launches Enterprise-Grade Tokenisation Platform on Solana, Backed by Deutsche Bank
Taurus, a Deutsche Bank-backed digital asset infrastructure, has launched Taurus-Capital, an enterprise-grade custody and tokenisation platf...
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...