17 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2025

Bankers Rush To Fix Cross-border Payments as Crypto Competition Hots up

The banking industry looks set to go to war with crypto – and is attempting to beat coins and their proponents at their own game, with the Bank for International Settlements (BIS) following on the heels of the international payments network SWIFT in a fresh assault.Yesterday, Cryptonews.com...

, by Tim Alper

S Korean MP Bids to Prevent ‘Crypto Crisis’ While Kimchi Premium Evaporates

A South Korean lawmaker wants to throw struggling crypto exchanges a lifeline by forcing an extension to a fast-approaching regulatory deadline – while the so-called kimchi premium is shriveling away to oblivion.Per EDaily and Hanguk Kyungjae, Cho Myung-hee, an MP from the main opposition...

, by Tim Alper

SWIFT Ups Competition with Crypto, Launches ‘Fast, Transparent Payments’ Service

Global banking payments network SWIFT seems to be aiming to build itself as a stronger competition to cryptocurrencies - it has just launched a new service which they say allows businesses and consumers to send payments quickly, securely, and transparently directly from bank accounts. SWIFT Go...

, by Sead Fadilpašić

Perhaps the Goldman Sachs DeFi ETF Won’t Feature Nokia After All (UPDATED)

Confusion is the name of the game after financial heavyweight Goldman Sachs announced its intentions to launch an exchange-traded fund (ETF) that tracks public firms with links to the blockchain-related sphere. The proposed ETF is set to track an index – but its composition (and the...

, by Tim Alper

Think Tank: Crypto Buyers Must Have Right to Claim Refunds

A report from a leading South Korean think-tank has concluded that crypto exchanges, banks and other institutions should be legally obliged to refund crypto investors in the event of the loss of private keys or bankruptcies.According to Aju News and Sports Seoul, the recommendations came in a paper...

, by Tim Alper

JPMorgan Gives Its Clients Access To Bitcoin, Ethereum & Other Trusts – Report

US-based investment banking giant JPMorgan, led by crypto skeptic Jamie Dimon, reportedly allows its financial advisors to help all its wealth management clients invest in crypto funds. The news came via an internal memo that said clients can now trade five different crypto trusts from providers...

, by Linas Kmieliauskas

America’s Oldest Bank, BNY Mellon, Doubles Down On Its Crypto Strategy

The oldest bank in the US, New York Mellon Corp., has joined another US-based financial giant State Street in order to develop "a platform to support the entire digital asset life cycle."Both companies are now part of the consortium of banks that collaborate with London-based Puremarkets Limited...

, by Linas Kmieliauskas

Bank Manager Gut Feeling Helps Her Thwart Crypto Scammers

The South Korean commercial bank Nonghyup Bank (NH) has claimed that a member of its staff’s quick thinking helped prevent a major instance of crypto fraud.Per the media outlet News1, the bank explained that Oh Ji-jung (40), a manager of an NH branch in the sub-tropical island province of...

, by Tim Alper

Inflation Soars In US, ‘Very Healthy’ Crypto Scrutiny + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ______Economics newsUS consumer prices increased by the most in 13 years in June amid supply constraints and a continued rebound in the...

, by Linas Kmieliauskas

S Korean Banks to Probe Exchanges’ Privacy Coin Policies in Risk Checks

South Korean banks are set to take into account crypto exchanges’ privacy coin policies, the nationality of their customers, and the criminal history of employees, classing these as “high priority” items when conducting risk assessment checks on whether to partner with trading...

, by Tim Alper

Crypto Regulatory Moves in US & EU, Banks Help Binance’s Competitors + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____Regulation newsIn a letter to Securities and Exchange Commission (SEC) Chair Gary Gensler, US Senator Elizabeth Warren said she...

, by Linas Kmieliauskas

S Korean Regulator to Banks: Stop Grumbling About Crypto Market Risk

A leading South Korean regulatory chief has repeated calls for banks to stop complaining about absorbing crypto exchange-related risks and accept that any partnerships they undertake with trading platforms must be done so at their own peril.As previously reported, banks in South Korea have stated...

, by Tim Alper

Barclays’ Binance Customers Looking for Alternative Apps, Banks & Countries

The crypto-supporting customers of London-headquartered multinational bank Barclays are "leaving" and searching for workarounds, after the bank - previously fined for being used for money laundering - stopped payments to major crypto exchange Binance to "protect" customers' funds. As one of the...

, by Sead Fadilpašić

Bullish Bitcoin Flows, Barclays’ Move Against Binance + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____Investments newsFor the first time in five weeks digital asset investment products saw inflows, totaling USD 63m last week,...

, by Sead Fadilpašić

‘Only 4 Korean Exchanges to Be Left Standing’ in September, Warn Banks

South Korean commercial banks “increasingly believe” only four crypto exchanges will survive beyond a September 24 deadline – after which crypto exchanges will need to adopt anti-money laundering (AML) protocols and find banking partners in order to keep operating.The...

, by Tim Alper

South Korea’s 4 Biggest Crypto Exchanges to Adopt FATF’s Travel Rule

The “big four” South Korean crypto exchanges have signed a Memorandum of Understanding (MOU) deal that will see them jointly implement the Financial Action Task Force (FATF)’s Travel Rule. The group of exchanges, which comprises the market-leading Upbit and Bithumb, as well as...

, by Tim Alper

# Banking (Page 17)

Cryptonews in numbers