Banking News | CryptoSlate

Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more.

Bybit's Bonus Bash $1,000 Bonus to be Won! Join Now

Banks won’t exist in ten years unless they change their business model

Branden Hampton · 7 mins ago · 2 min read

Bank of Japan governor slams Bitcoin, questions its usage in settlements

Bank of Japan governor Haruhiko Kuroda questioned Bitcoin’s use case during an interview yesterday, business news outlet Bloomberg reported.

Shaurya Malwa · 2 weeks ago · 2 min read

Ripple (XRP) inks deal with major Middle Eastern bank for Oman-India corridor

BankDhofar, the second-largest bank in the Sultanate of Oman, has teamed up with blockchain-based payments network RippleNet, as per a release today.

Liam Frost · 2 weeks ago · 2 min read

HSBC steers clear of Bitcoin offerings for clients

London-based HSBC Holdings, one of the world’s biggest and Europe’s second largest bank, has no plans to offer Bitcoin or crypto products to its clients, a report on news outlet Reuters said today.

Shaurya Malwa · 3 weeks ago · 2 min read

German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’

Last week’s crypto market meltdown has proved yet again that “the value of Bitcoin is entirely based on wishful thinking,” according to a research note recently published by Deutsche Bank analysts.

Liam Frost · 3 weeks ago · 2 min read

Goldman Sachs studies crypto as an asset class—a year after stating the opposite

Major American investment bank Goldman Sachs has seemingly recognized that cryptocurrencies are an emerging new asset class after all—despite stating otherwise just a year ago, according to its recent report.

Liam Frost · 3 weeks ago · 2 min read

JPMorgan says Bitcoin’s true value is $35,000 amid price crash

JPMorgan research analysts have said that institutional investors are swapping Bitcoin for gold for the first time in six months.

Atul Ajoy · 3 weeks ago · 2 min read

Ripple helps establish payments corridor between Egypt and UAE

The National Bank of Egypt (NBE) has partnered with Ripple (XRP) to establish a cross-border payments corridor with the United Arab Emirates via RippleNet, according to a press release published on Tuesday.

Liam Frost · 3 weeks ago · 2 min read

Swiss bank UBS ponders offering Bitcoin investments to wealthy clients

Major Swiss investment banking company UBS is currently in the “early stages of planning” to offer its rich clients some options to invest in cryptocurrencies, knowledgeable sources told Bloomberg today.

Liam Frost · 1 month ago · 2 min read

American institution Citibank is building a crypto trading and custody service

American multinational investment bank Citigroup is reportedly developing crypto-related services such as trading, custody, and financing due to rapidly growing interest from clients.

Liam Frost · 1 month ago · 2 min read

Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U.S. banks in 2021

Executives of crypto custody firm NYDIG said Wednesday that hundreds of US banks are onboarding Bitcoin (BTC) related services for their clients, as per a report on business outlet CNBC.

Shaurya Malwa · 1 month ago · 2 min read

Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.

The Digital Dollar Project, a non-profit organization co-founded by former Commodity Futures Trading Commission (CTFC) chairman Christopher Giancarlo, plans to launch five pilot programs focused on central bank digital currencies (CBDCs) within the next 12 months, a report by Reuters said yesterday.

Liam Frost · 1 month ago · 2 min read

Crypto enthusiast projects ‘Bitcoin fixes this’ on Bank of England

On Friday night, a massive image appeared on the Bank of England’s building in London stating that “Bitcoin fixes this.” Look what someone projected onto the Bank of England last night.

Liam Frost · 1 month ago · 2 min read

Crypto converts JPMorgan, DBS, Temasek pivot to blockchain for interbank remittances

American investment bank JPMorgan has teamed up with Singaporean DBS Bank and holding company Temasek to develop a blockchain-based interbank remittance system, dubbed Patrior, that aims to soothe some of the most common “pain points” in the sector.

Liam Frost · 1 month ago · 2 min read

This small Caribbean island fully embraces Bitcoin in absence of banks

Bequia, a small island in the Caribbean just 18 square kilometers in size, is primed to become the world’s first fully Bitcoin-enabled community, Euronews reported earlier this week.

Liam Frost · 1 month ago · 2 min read

Major UK bank NatWest won’t serve businesses dealing in crypto

National Westminster Bank (NatWest), a major retail and commercial bank in the United Kingdom, will stop serving any businesses that accept or otherwise transact cryptocurrencies, news daily The Guardian reported yesterday.

Liam Frost · 2 months ago · 2 min read

World’s eight-oldest bank to explore the launch of a digital currency (CBDC)

Bank of England (BoE), the UK’s central bank and the world’s eighth-oldest bank, said it would form a task force to explore the launch of a digital currency, as per an official release today.

Shaurya Malwa · 2 months ago · 2 min read

Argentina’s central bank is asking citizens to disclose their Bitcoin

The Central Bank of Argentina is asking local banks to scrutinize clients that hold Bitcoin and other cryptocurrencies and engage in business or trading activities using the assets, local news reports from last week showed.

Shaurya Malwa · 2 months ago · 2 min read

Edge

China’s biggest bank says Bitcoin is driving its efforts in this key area

An official of the People’s Bank of China (PBoC), the country’s central bank and chief financial regulator, said yesterday that the burgeoning Bitcoin space was one of the reasons behind the resurgence of the country’s own digital currency plans.

Shaurya Malwa · 2 months ago · 2 min read

110-year-old Thai bank SCB taps into DeFi project Band Protocol

SCB 10X, the holding company of Siam Commercial Bank, Thailand’s first commercial bank, said today it was joining decentralized finance (DeFi) project Band Protocol as a node validator, as per a tweet this morning.

Shaurya Malwa · 2 months ago · 2 min read

Banks won’t exist in ten years unless they change their business model

WEF issues DeFi policy ‘toolkit’—and Colombia’s already planning to use it

How ‘Flashbots’ fighting MEV extraction help the Ethereum network

5 million ETH is now locked up in the Ethereum 2.0 deposit contract

‘Covid Alien’ CryptoPunk NFT sells for $11.8 million at historic auction house

Dogecoin creator issues DOGE NFTs—most expensive one listed at 69.42 ETH

Despite the fear, this on-chain proponent expects EOY Bitcoin price of $300,000

A top Bitcoin whale picked up 3,706 BTC amidst brutal dip, data shows

These factors preceded today’s Bitcoin, Ethereum sell off—here’s what could happen next

Ethereum GAS prices fall below $1—here’s two reasons why

Markets update: Bitcoin runs into ‘resistance’ again while Ethereum bumps 9%

Latest Banking News

Banks won’t exist in ten years unless they change their business model

Bank of Japan governor slams Bitcoin, questions its usage in settlements

Ripple (XRP) inks deal with major Middle Eastern bank for Oman-India corridor

HSBC steers clear of Bitcoin offerings for clients

German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’

Goldman Sachs studies crypto as an asset class—a year after stating the opposite

JPMorgan says Bitcoin’s true value is $35,000 amid price crash

Ripple helps establish payments corridor between Egypt and UAE

Swiss bank UBS ponders offering Bitcoin investments to wealthy clients

American institution Citibank is building a crypto trading and custody service

Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U.S. banks in 2021

Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.

Crypto enthusiast projects ‘Bitcoin fixes this’ on Bank of England

Crypto converts JPMorgan, DBS, Temasek pivot to blockchain for interbank remittances

This small Caribbean island fully embraces Bitcoin in absence of banks

Major UK bank NatWest won’t serve businesses dealing in crypto

World’s eight-oldest bank to explore the launch of a digital currency (CBDC)

Argentina’s central bank is asking citizens to disclose their Bitcoin

China’s biggest bank says Bitcoin is driving its efforts in this key area

110-year-old Thai bank SCB taps into DeFi project Band Protocol

Popular Banking Stories

Banks won’t exist in ten years unless they change their business model

Bitcoin

Internet Computer

Gas

Algorand

Cardano

XRP

Dogecoin

Ethereum

Chia Network

Input Output (IOHK)

Coinbase

Charles Hoskinson

Latest Banking News

Bank of Japan governor slams Bitcoin, questions its usage in settlements

Ripple (XRP) inks deal with major Middle Eastern bank for Oman-India corridor

HSBC steers clear of Bitcoin offerings for clients

German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’

Goldman Sachs studies crypto as an asset class—a year after stating the opposite

JPMorgan says Bitcoin’s true value is $35,000 amid price crash

Ripple helps establish payments corridor between Egypt and UAE

Swiss bank UBS ponders offering Bitcoin investments to wealthy clients

American institution Citibank is building a crypto trading and custody service

Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U.S. banks in 2021

Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.

Crypto enthusiast projects ‘Bitcoin fixes this’ on Bank of England

Crypto converts JPMorgan, DBS, Temasek pivot to blockchain for interbank remittances

This small Caribbean island fully embraces Bitcoin in absence of banks

Major UK bank NatWest won’t serve businesses dealing in crypto

World’s eight-oldest bank to explore the launch of a digital currency (CBDC)

Argentina’s central bank is asking citizens to disclose their Bitcoin

China’s biggest bank says Bitcoin is driving its efforts in this key area

110-year-old Thai bank SCB taps into DeFi project Band Protocol

Banks won’t exist in ten years unless they change their business model