banking
New York Banks Must Seek Advance Permission for Crypto Activity: Regulator
New York State-registered banks will need to seek regulatory permission 90 days before they get involved in crypto assets, even if it's via a third party, according to new guidance from the state banking regulator. "The Hash" panel discusses the latest in the world of crypto regulation.
New York Banks Must Seek Advance Permission for Crypto Activity, Regulator Says
New guidance from the state Department of Financial Services sets a 90-day advance notice period
Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin
The Jewel USD stablecoin will be launching on Polygon.
Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight
Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.
Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors
The crypto lender also started talks with its largest creditors and borrowers, including Gemini and parent company DCG, to agree on a solution.
Is Credit Suisse a Canary in the Financial Industry Coal Mine?
Though recent flubs dominate headlines, the Swiss giant’s real mistake may have been trying to compete with Wall Street in the first place.
Digital Asset Bank Custodia Files Petition in US Court Over BNY Mellon's Crypto Approval
Custodia alleges the Kansas City Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.
BNY Mellon Starts Crypto Custody Service
The custodial lender earlier this fall received approval from financial regulators in New York to begin holding bitcoin and ether for certain customers.
Banking in the Metaverse
Host Joel Flynn discusses whether the future of banking is already a virtual reality. This story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Visa and Mastercard Block Russian Banks Following Global Sanctions
As Russia continues its invasion into Ukraine, Visa and Mastercard have blocked several Russian banking services, restricting transactions for many everyday people in Russia. “The Hash” discusses the weaponization of financial institutions, drawing attention to cryptocurrency’s independence from centralized entities.
