US bank reveals $166M in crypto holdings: Q2 earnings report
SoFi started offering crypto services even before becoming a bank, and its banking license might change how it hodls crypto.This post was originally published on this site
Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams. This post was originally published on this site
A new age in investing: The transformative power of asset tokenization
From real estate to franchising, and from renewable energy to Hollywood, tokenization has the potential to transform the way we do business.This post was originally published on this site
Binance Australia got 12 hours’ notice before it was debanked, says exec
Binance Australia head Ben Rose claimed the exchange got less than a day’s warning from its payments partner before it was “cut off” from the local banking system in May.This post was originally published on this site
US court rejects Fed’s motion to dismiss Custodia Bank case
Digital asset bank Custodia sued the Fed in June 2022, claiming an “unlawful delay” in processing an application for its master account.This post was originally published on this site
Institutions seek detailed blockchain analytics for crypto adoption — Elliptic
Large financial institutions are getting involved in digital assets by investing capital, time and effort into on-chain analytics solutions.This post was originally published on this site
German banks slowly adopt crypto, mostly for institutional investors
Doubts regarding crypto still remain among German banks. At the same time, there is growing concern about missing out on a potentially game-changing development. This post was originally published on this site
Singaporean family office to set up digital bank in Bahrain
Whampoa Group started its digital asset arm in 2021 and has invested in a $500 million Binance Labs fund along with TikTok parent ByteDance.This post was originally published on this site
Binance Australia suspends AUD fiat services, citing issues with third party
Australian dollar deposits and withdrawals have been impacted due to a decision made by its third-party provider, it said in an announcement.This post was originally published on this site
US House financial committee tells SEC they don’t like custody proposal
The letter criticizes the proposed rule for its impact on the banking industry, particularly in ways that would be disadvantageous to the digital asset industry. This post was originally published on this site