Banks News
Major Banks in France, Canada, Switzerland Report Exposure to Bitcoin ETFs
Banks are increasingly moving to adopt Bitcoin, and many do so via the Spot exchange-traded funds (ETF) listed in the United States in Janua...
New Zealand Reserve Bank Suggests Potential CBDC Launch by 2030
The Reserve Bank of New Zealand (RBNZ) released a consultation paper on Wednesday outlining what its particular version of digital cash migh...
Banks Want to Buy BTC from Miners, Indicating Supply Shortage, Says Hut8 Mining CEO
Recent institutional interest in Bitcoin and the Spot ETFs—led by Larry Fink and his iShares IIBIT—seems to have triggered increased dem...
CommBank Faces Backlash for Blocking Customer Crypto Purchases
The banks don’t quite see the irony, do they? This week, Australia’s biggest financial institution, Commonwealth Bank, has come under fi...
ECB Officials Say Bitcoin Fair Value Still Zero Regardless of ETFs
Despite the Spot Bitcoin ETF approval in the United States there is nothing fundamentally of value with BTC, a report by two European Centra...
Aussie Chainlink Exec Says Banks Are Preparing for Tokenisation
A real world asset (RWA) tokenisation revolution is about to begin as major banks around the world prepare to launch mainnet use cases to su...
Banks Want Access to Bitcoin, Amid Decreasing BTC Supply
Bitcoin has enjoyed a terrific start to 2024. The world’s largest cryptocurrency entered the year with speculation circling a possible spo...
Bank of America and Vanguard Restrict Access to Bitcoin ETFs
Several large asset managers are denying their customers access to the newly-approved spot Bitcoin ETFs. Customers of Vanguard—the second-...
Why Banks and Stablecoin Laws Could Thwart $2.9 Billion Liquidity From Tether Whale
Today, a Tether (USDT) whale deposited $239 million into crypto exchanges. The latest deposit takes the total liquidity they added to stable...
Can Big Banks Dominate the Stablecoin Market and Kill Tether (USDT)?
A significant shift is underway in the cryptocurrency market. Indeed, the potential dominance of big banks in the stablecoin market could th...
Ripple (XRP) Price Lets Down Traders Again – Should Investors Turn to Meme Kombat?
XRP is again frustrating its investors. When looking at the last 7 days of performance, XRP is the worst performer (next to BTC) among the t...
Hong Kong Rallies Five Major Banks for Blockchain-Powered Green Bond Initiative
Hong Kong has enlisted the expertise of five major banks, including HSBC Holdings Plc and Credit Agricole CIB, to spearhead a series of digi...