Banks news articles
Canvas CEO Explores Australian eAUD in Exclusive Interview
David Lavecky, head of blockchain firm Canvas, recently spoke in an interview about the firm’s involvement in the Australian Reserve B...
Basel Committee to consider disclosure requirements for banks’ crypto assets
The fallout from the banking crisis earlier this year continues as the Basel Committee on Banking Supervision considers requiring banks to d...
BIS Proposes More Bank Supervision After 2023 Crisis
The Bank for International Settlements (BIS) cited the concentration of crypto assets in banks as one of the reasons for the 2023 banking cr...
Bank for International Settlements Reveals Launch of ‘Project Atlas’ in Effort to Track and Monitor Crypto
The Bank for International Settlements (BIS), in partnership with financial institutions across Europe, has been working toward a data syste...
Bank for International Settlements and European Central Banks Developing Crypto and DeFi-Tracking System
The Bank of International Settlements (BIS) is collaborating with central banks in Europe to develop a crypto and decentralized finance (DeF...
Bitcoin’s inflation-hedge theory tested as rising interest rates bring turbulence to markets
The U.S. economy has been facing turbulent times lately, with the U.S. personal consumption expenditure (PCE) inflation index rising by a si...
JP Morgan’s Retail Bank Chase to Stop UK Customers from Making Crypto Transactions
JPMorgan’s UK-based retail bank, Chase, will prohibit its customers from conducting cryptocurrency transactions starting October 16.&n...
Stablecoins Could be Source of Financial Instability, New US Fed Report Suggests
In a recently published report by the United States Federal Reserve (Fed), titled “Runs and Flights to Safety: Are Stablecoins the New Mon...
One of UK’s Biggest Banks Bans Crypto Payments
JPMorgan’s Chase UK bank will prohibit crypto payments from Oct. 16 amid a growing wave of scams targeting UK consumers. The company will ...
Beyond Banks: Crypto Natives and the Rise of Real-World Asset Tokenisation
Real-world asset tokenisation has been heralded as the intersection between decentralised and traditional finance. The first sprouts of RWA ...
Banks Encounter Complex Challenges in Blockchain Adoption: Chainlink Co-founder
In a recent interview, Sergey Nazarov, co-founder of Chainlink, highlighted that banks, in contrast to startups, didn’t initiate their jou...
Do CBDCs (Central Bank Digital Currencies) Threaten Bitcoin
The invention of Bitcoin was a technological breakthrough that disrupted the status quo. When Bitcoin was first created, central banks thoug...