banking

banking

Policy

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.

Chair of the ECB Supervisory Board Andrea Enria

Tech

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.

(Steve Johnson/ Unsplash)

Policy

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.

Canada has unveiled new bank-capital plans for crypto (Pixabay)

Policy

Chase U.K. to Block Crypto Payments Citing Fraud, Scams

Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets via debit card or outgoing bank transfers.

Credit: Daryl L / Shutterstock

Finance

BCB Group's Deputy CEO Departs After Failed German Bank Acquisition

The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.

Noah Sharp (BCB Group)

Opinion

Apple and Goldman Sachs Don’t Trust Their New Banking Customers

“Security reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.

Succumb to the temptation of Apple's 4.15% APR ... and you may find yourself cast out of the Garden. (Detail of Michaelangelo's Sistine Chapel, 1509)

Markets

MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg

Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.

Berenberg prefers MSTR over COIN for crypto exposure. (Chris Liverani/Unsplash)

Finance

Xapo Bank to Enable Tether Deposits, Withdrawals

Earlier this year, the crypto-friendly bank introduced support for USDC.

Gibraltar (lutz/Pixabay)

Markets

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

California-based PacWest Bancorp is weighing strategic options, according to Bloomberg.

(Getty Images)

Markets

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

BTC’s price had dropped from well above $29,000 on Sunday. Investors await Wednesday’s FOMC interest rate decision.

(Shutterstock)