Why stealing billions from a crypto exchange can be harder to stop than a bank t...
The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to...
Uber tests how tokenization can put idle cash to work with HSBC, Franklin Temple...
The pilot let Uber keep funds invested in money market products while accessing cash for payments, even on weekends.
Brazil’s largest lender becomes first bank to formalize crypto brokerage under n...
Itaú Unibanco notified Brazil’s central bank of its crypto trading and custody operations on Tuesday, ahead of an Oct. 30 deadline...
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements app...
UK banks face 10,000 complaints in 3 months over crypto restrictions
The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to...
HSBC rolls out its first stablecoin to over 3 million everyday app users
HSBC and Standard Chartered-led Anchorpoint received Hong Kong’s first stablecoin issuer licenses in April. Anchorpoint began roll...
Goldman, Wells Fargo, Morgan Stanley see tokenization as a growth play, not a th...
The largest banks in the world are eyeing new trading opportunities, speeding up payments and a role for advisers as tokenization...
Banks could slow stablecoin growth by paying savers more, BIS paper finds
A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, cutting ten-week gro...
Kraken parent Payward to become first crypto firm to buy a EU bank as it expands...
Payward agreed to buy Lithuania’s Saldo Bank, which holds $190 million in total assets, securing an EU license for deposits and le...
Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE cli...
The bank manages custody and settlement in-house via a closed-loop model, removing the need for separate crypto wallets.