banking


Policy

Custodia Bank Renews Push for Fed 'Master Account' After Rejection

The Federal Reserve and Kansas City Fed rejected Custodia's applications for membership and a master account last month.

Caitlin Long at BTC 22 (Danny Nelson/CoinDesk)

Policy

Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay

Federal banking regulators seem to have free rein over crypto's U.S. destiny – and they're using their power to push it out of banking.

The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

Policy

Federal Reserve Governor Reinforces US Regulators’ Preference for Keeping Crypto Apart From Banks

Christopher Waller noted that the separation has kept the U.S. financial system out of crypto’s drama, and he’s hopeful the sector can work out its recent issues.

U.S. Federal Reserve Board Governor Christopher Waller (Sarah Silbiger/Getty Images)

Policy

Digital Pound Holdings Could Be Limited to 10K, Central Bank Says

The Bank of England has set out technical features of its central bank digital currency, which officials have said is likely to be needed.

The Bank of England (BOE) building (Jason Alden/Bloomberg/Getty Images)

Policy

UK Banks Blocking Crypto Access Given Fraud, Volatility, Lawmakers Told

Finance CEOs welcomed new crypto regulations but were wary about the risks of a central bank digital currency

U.K. bank bosses were questioned by lawmakers about crypto. (Screenshot from U.K. Parliament)

Finance

Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services

LevelField inched closer to its goal of offering both traditional and crypto banking services following its acquisition of the FDIC-insured Burling Bank.

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Finance

DekaBank Selects Swiss Crypto Specialist Metaco to Steer Digital Asset Offering

The bank has 360 billion euros in assets under management and is eyeing up crypto products for its institutional clients.

Frankfurt-based DekaBank team up with Metaco (Louis Droege/Unsplash)

Policy

Custodia Bank Denied Federal Reserve System Membership

The Wyoming-based bank’s application for a master account is still pending.

Avanti CEO Caitlin Long (CoinDesk archives)

Opinion

Banks Will Dominate Stablecoins, and 2 Other Predictions About the Future of Money

Crypto, rather than "blowing up" traditional finance, is making the existing system more efficient.

(Andrea De Santis/Unsplash)