banks


Markets

DBS Bank Is Planning to Launch a Digital Asset Exchange

DBS is planning to launch an exchange for trading bitcoin and other cryptocurrencies, the bank told CoinDesk.

A branch of DBS (DBS)

Policy

Bitcoin Critic Peter Schiff's Bank Under Spotlight in Global Tax Probe

A Puerto Rico-based bank founded by long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion.

Peter Schiff

Markets

Meet in the Middle: Crypto Companies and Banks Are Evolving Together

Kraken’s move to become a bank in Wyoming is more about getting traditional finance to adapt to the crypto industry than the other way around.

ATM with cash

Finance

Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist

When it comes to bitcoin, Singapore's DBS Bank sees a "pandemic-led acceleration of adoption."

A branch of DBS (DBS)

Markets

US Regulator to Shake Up Banking With Federal Charters for Payment Firms

Acting Comptroller of Currency (and former Coinbase exec) Brian Brooks is spearheading the move to let payment firms operate as banks across state lines.

Acting Comptroller of Currency Brian Brooks

Finance

Barclays' Former Russian Bank Has Issued a Token-Collateralized Loan

Expobank has issued its first loan using WAVES tokens as collateral – the bank are now estimating what future demand could be.

Moscow at night (Shutterstock)

Policy

Following OCC Letter, Some US Banks Appear Open to Providing Crypto Services

Nationally regulated banks want the OCC to clarify just how and when they can provide cryptocurrency services, hinting traditional financial institutions are paying close attention to the space.

National banks are looking for more clarity around crypto, they told a federal regulator last week. (Steven Bornholtz/Wikimedia Commons, modified with PhotoMosh)

Markets

Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies

Users will now be able to buy and sell XLM on Revolut’s platform, the fintech firm announced Tuesday.

Revolut app

Policy

Banks Won't Rush to Hold Crypto – But OCC's Regulatory Approval Makes It Harder to Ignore

Regulatory approval doesn't mean banks are about to begin providing crypto custody, but it is accelerating a conversation about financial institutions safeguarding bitcoin.

OCC