Tag: Bank

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Swiss central bank bitcoin reserve push fails over signature shortfall

Swiss campaigners will drop a bid to get the Swiss National Bank (SNB) to hold bitcoin BTC$80,898.48 in its reserves after collecting only about...

CFI Advances Latin America Expansion with new Brazil Central Bank License

CFI Financial Group, a global provider of online trading services, has officially received regulatory authorization from the Banco Central do Brasil. The approval allows...

Swiss National Bank Bitcoin Reserve Push Fails as Campaign Falls Short

A campaign to require the Swiss National Bank to hold Bitcoin is set to lapse after failing to gather enough signatures to trigger a...

Kraken parent goes for the OCC charter in bid to become a federal crypto bank

Payward, the parent company of crypto exchange Kraken, has applied for a national trust company charter with the U.S. Office of the Comptroller of...

Stablecoin Industry Opposes Bank of England’s Unhosted Wallet Ban

As the UK considers options to attract and develop the crypto industry at home, the Bank of England (BOE) has put forward several proposals...

Bitcoin on U.S. bank balance sheets is coming, just not yet

Morgan Stanley expects bitcoin to reach U.S. bank balance sheets, though key hurdles remain, according to Amy Oldenburg, the bank’s head of digital asset...

Brazil’s central bank bans stablecoin and crypto settlement in cross-border payments

Brazil's central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances.BCB Resolution No. 561,...

Monument Technology Lands Castle Trust Bank in Major Platform Deal

Monument Technology entered into a new partnership with Castle Trust Bank to deploy its cloud-native Banking Platform as a Service (BPaaS). The deal marks...

Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield

Stablecoin yield would be prohibited under the newly released agreement between U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) addressing that contentious part...