Banking


Policy

Banks’ Crypto Asset Holdings May Be Just 0.01% of Total Risk Exposure, Basel Study Finds

The first survey of its kind may influence crucial global standards on bank capital for crypto.

Los reguladores están estudiando qué normas bancarias deberían aplicarse a las criptomonedas. (Wang Yukun/Getty Images)

Finance

Fintech Startup TrueLayer Trimming 10% of Staff, Citing Challenging Market Conditions

About 45 employees will be laid off from the firm, which was valued at over $1 billion a year ago.

TrueLayer to lay off 10% of its staff. (Pawel Chu/Unsplash)

Finance

Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.

Signature Bank CEO Joseph DePaolo (Signature Bank)

Finance

Credit Suisse Held $31M in ‘Digital Assets’ for Clients Last Quarter

The Swiss bank disclosed its custody of what are more likely tokenized securities than cryptocurrencies in keeping with SEC accounting guidance.

Credit Suisse is the latest banking giant to flirt with crypto. (Cayambe/Wikimedia Commons)

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Finance

Investment Bank Cowen Nabs 2 Crypto Hires for Digital Asset Team

Cowen's crypto-focused hires come after the bank launched its digital asset division this year.

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Finance

China's Ant Group to Work With Malaysian Investment Bank Kenanga on Crypto 'SuperApp'

Malaysia's largest independent investment bank will introduce an app that includes crypto trading and portfolio management.

Kuala Lumpur, Malaysia (Meric Dagli/Unsplash)

Finance

Brazil's Largest Investment Bank, BTG Pactual, Launches Crypto Trading Platform

Called Mynt, the product allows customers to trade BTC, ETH, SOL, DOT and ADA.

Oficinas de BTG Pactual. (Archivo de CoinDesk)

Policy

BIS Calls for Global Collaboration With CBDC Designs

The Swiss-based Bank for International Settlements on Monday released a report produced in collaboration with the IMF and World Bank.

Basilea, Suiza, sede del Banco de Pagos Internacionales (trabantos/Getty Images)