Banks news articles
Breaking: HSBC Blocks All Transactions to Crypto Exchanges Commencing 24 July
HSBC has just announced sweeping changes, affecting anyone using the bank to engage with crypto services – and with very little notice. Fr...
Report: Russia Ponders Crypto Use Amid International Money Transfer Challenges
After the invasion of Ukraine, Russia has been placed under many international sanctions, making the international transfer of money increas...
Will Democrats Defy Biden and Pass Pro-Crypto SAB 121—Again?
Weeks after President Joe Biden vetoed a bill passed by both chambers of Congress that would finally allow American banks to hold crypto ass...
Standard Chartered Introduces Spot Crypto Trading Amid Growing Institutional Demand
Demand from institutional investors will see Standard Chartered open a crypto desk to allow clients to trade Bitcoin and Ethereum—making i...
Bloomberg: Swiss Push For Finance Sector Transformation with Crypto Integration
According to a report from Bloomberg, in the wake of the collapse of Credit Suisse in early 2023 the country’s financial elite started pla...
Arthur Hayes Says Central Banks About To Catapult Bitcoin and Altcoins to New Heights – Here’s Why
BitMEX co-founder Arthur Hayes says that a shift in policy from the central banks is about to boost crypto assets into a new bullish phase. ...
US Lenders on the Brink of Insolvency, How It Could Affect Crypto
Ahhh, banks. Once the arch-nemesis of crypto, these financial institutions have been softening their stances to become more of a secondary a...
Bitcoin Indicator Flips Bullish As Potential US Banking Crisis Looms, According to Analyst Jamie Coutts
Real Vision analyst Jamie Coutts says a key Bitcoin (BTC) indicator is suddenly flashing bullish amid fears of another US banking crisis. Th...
Singapore’s Multinational Bank DBS Denies Holding $650 Million in ETH, Following Nansen Post
The crypto hype machine experienced another glitch this week as on-chain data analytics platform Nansen erroneously raised hopes that Singap...
British Fintech Giant Revolut Eyes APAC Expansion as Australian Spending Soars
It’s been a positive start to 2024, with several key financial institutions entering the crypto scene. British payment goliaths Revolut ha...
JPMorgan Casts Doubt on Future Crypto ETFs Without Clear US Regulatory Guidelines, Despite Ethereum ETFs
According to finance firm J.P. Morgan, there’s not going to be an avalanche of crypto ETFs in the wake of the Ethereum spot ETF approvals ...
China Cracks Down On $1.9 Billion Underground Bank Using USDT For Foreign Exchanges
The Chinese hardline stance on cryptocurrency transactions has yet again come to the fore, with a prolific black market institution being di...