banks
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EU watchdog urges banks to prioritize clients in AI usage
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The European Securities and Markets Authority (ESMA) said that banks and investment firms must have “unwavering commitment” to clients' best interest when ...

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Resolution overturning SEC crypto rule is on Biden’s desk — Now what?
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Many House of Representatives lawmakers praised this week’s passage of two pro-crypto bills, but President Joe Biden may still veto one piece of legislation ...

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Hong Kong digital yuan pilot lacks P2P capabilities
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Hong Kong launched a pilot program for the digital yuan, the central bank digital currency (CBDC) of the People’s Bank of China (PBoC).The Hong Kong ...

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SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
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The United States securities regulator has turned crypto regulation into a “political football,” and its “open hostility” isn’t helping President Joe Biden, ...

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Deutsche Bank joins Singapore’s asset tokenization project
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Deutsche Bank, a German multinational investment bank, is collaborating with Singapore's central bank on asset tokenization.Deutsche Bank has joined the ...

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Second Largest European Bank is Buying Bitcoin ETF: 13F SEC Fillings
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BNP Paribas, the second largest European bank, has purchased exposure to Bitcoin via a spot ETF, per recent 13F filings with the SEC . The filings show BNP ...

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Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs
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Major United States-based financial services firm Wells Fargo has disclosed investments in Bitcoin (BTC) exchange-traded funds offered by Grayscale and ...

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Going Bankless: Bitcoin Offers The Ultimate Financial Freedom
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It is often said that Bitcoin allows anyone to be their own bank. If you know anything about Bitcoin’s ethos and underlying tech, you’ve likely heard of ...

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Custodia Bank takes case to higher court after March setback
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Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account.

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Bitcoin Takes A Hit As Fed Puts Rate Cuts On Hold
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Bitcoin’s Price Response to Powell’s Statements Bitcoin, the leading cryptocurrency by market capitalization, saw a nearly 8% decline in its ...

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Major UK Banking Firms Test Tokenized Deposits
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UK Finance, the trade association representing the UK banking and financial services industry, is spearheading a pioneering pilot program aimed at ...

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XRP Stellar 1-Year Performance Leaves Banks In The Dust
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XRP holders are facing mixed signals. While the digital asset boasts nearly 20% in gains over the past year, significantly ...

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