banking
Three Ways DeFi Will Revolutionize Financial Services
DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, CEO, Abra.
Customers Bank Said to Debank Some Digital Asset Hedge Funds
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
Bitpanda Drafts Deutsche Bank to Process Fiat Transactions in Germany
This is Bitpanda's second major partnership in Germany this year after it was enlisted by LBBW to offer crypto custody services in the country.
Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens
SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally.
Crypto Wallet SafePal Ventures Into Banking With New USDC Visa Card
Users can create individually owned, fully compliant bank accounts and use USDC stablecoin as the default deposit currency.
Revolut to Introduce Crypto Exchange Targeting 'Advanced Traders'
The platform will feature deeper analytics and lower fees than the digital bank's app.
New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut
The bank took over defunct Signature Bank's non crypto-related deposits last year.
Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says
But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.
Artificial Intelligence Technology Brings Benefits, Risks to Banking: Bank of America
AI has the potential to improve productivity and enhance bank returns, the report said.
Canadian Regulator Seeks Feedback on Disclosure Rules for Bank Crypto Exposures
The country hopes to align local requirements with those proposed by international banking regulators.
