Banking News

How traditional banking evolves with blockchain, stablecoins, and decentralized finance integration.

Stories 628 in this category

Coverage footprint 2.5% of all CryptoSlate stories

Bitcoin coin standing on the floor of a bank vault with a massive open safe door and gold reserves behind it, symbolizing the Federal Reserve’s decision on whether Bitcoin remains outside the traditional banking system

The Fed is readying to punish banks for holding Bitcoin as US crypto tensions boil over

Basel’s thresholds and punitive risk weights can make direct Bitcoin exposure prohibitively expensive even when it’s legally permitted.

3 weeks ago

DeFi

U.S. Banking turmoil halts NFT hype as DeFi thrives

During Mar. 11-12, Defi's transaction volume exceeded $58B, while Mar. 11 recorded least active NFT traders since November 2021.

3 years ago

Banking

US lawmaker says President Biden administration is weaponizing market chaos to kill crypto

Tom Emmer said the Federal Reserve's instant payments settlement system FedNow suggests that it is competing with private entities.

3 years ago

Analysis

Crypto market largely unaffected by ECB decision to hike rate by 50bps

The flagship cryptocurrency saw a slight sell-off in the hour following the ECB rate hike after briefly breaking $25,000 and was trading at $24,752.58, as of press time.

3 years ago

Analysis

Reuters report that any bank bidding for Signature “must give up all crypto business”

The FDIC has handed over auction of the bank to Piper Sandler, who will conduct a second auction on March 17.

3 years ago

Banking

Federal Reserve says FedNow will go live in July

The service has been said to address the same issues as a potential CBDC — set to launch the FedNow payment system in July.

3 years ago

Regulation

Congressman Emmer attacks FDIC for ‘weaponizing’ bank closures to attack crypto

Rep. Tom Emmer questions FDIC's role in recent closures of crypto-focused banks, raising concerns over potential purging of legal crypto activity in the US.

3 years ago