banks
Senator Elizabeth Warren accuses U.S. regulator of approving unqualified crypto banks
The Senate Banking Committee's top Democrat sent a letter to the Office of the Comptroller of the Currency questioning the charters of nine crypto firms.
Standard Chartered to acquire remainder of subsidiary Zodia Custody
The bank's offer to acquire the slice of Zodia Custody it doesn't already own has been accepted by the firm's other shareholders and noteholders.
It might be too late for bitcoin’s quantum migration, Project Eleven report argues
Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.
Emerging-market users are treating crypto exchanges like banking apps, Binance says
One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said.
White House wants crypto law signed by July 4th
White House crypto adviser Patrick Witt told Consensus Miami that the administration is targeting July 4 — the nation's 250th birthday — for passage of the Digital Asset Market Clarity Act. The timeline requires Senate markup this month and four floor weeks in June. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Bitcoin ETFs are pulling in hundreds of millions; can BTC reach $100K by year-end?
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by Andy Baehr, Managing Director of Asset Management at GSR, to break down the firm's first-ever ETF, the GSR Crypto Core3, that gives investors actively managed exposure to Bitcoin, Ethereum, and Solana with weekly rebalancing and staking rewards. Nick van Eck, CEO and co-founder of Agora, unpacks why major US banking groups are pushing to slow down implementation of the Genius Act, and what Agora's National Trust Bank Charter filing with the OCC means for the future of stablecoin issuance. Plus, 21Shares Chief Investment Strategist Adrian Fritz joins to dig into the staggering ETF flows, with spot Bitcoin ETFs crossing $102 billion in net assets and Ethereum ETFs seeing the longest-ever inflow streak. Fritz weighs in on the five catalysts that could push BTC above $80,000 and why Hyperliquid stands out as altcoin season fades.
BIS warns cryptocurrency exchanges are becoming ‘shadow banks,’ and why that's a risk
The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance.
Banks seek to slow down implementation of crypto's GENIUS Act on stablecoin oversight
U.S. banking groups argued that a number of federal agencies are moving quickly on stablecoin regulations, making it hard to understand how rules will interact.
Revolut targets a $200 billion IPO just months after its $75 billion share sale
The crypto-friendly fintech is planning its initial public offering (IPO) no sooner than 2028, according to an FT report.
A dozen banks want a euro stablecoin. Fireblocks is making it happen
The Qivalis consortium is made up of: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit.
