Banking News

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

Stories 630 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

Exchanges

Crypto exchange Nexo to launch brokerage for big investors

Crypto exchange Nexo is launching a digital asset brokerage for large investors, corporations, and high-net-worth individuals.

4 years ago

Analysis

Bank of America: coming “recession shock” possible boon for crypto

In a weekly research note, Bank of America warns of a coming “recession shock” as the Federal Reserve tightens its monetary policy to tame surging inflation. The shock may benefit cash, commodities and cryptocurrencies.

4 years ago

Banking

Federal Reserve may purposely force down crypto prices

Former Goldman Sachs Chief Economist thinks the Fed is going to have to shock the market into shedding some of its gains in order to get the markets under control and reduce inflation.

4 years ago

Stablecoins

BNY Mellon to become primary custodian for Circle’s USDC stablecoin reserves

America's oldest bank vowed to help Circle build “a stable and resilient financial ecosystem for the future.”

4 years ago

Regulation

Report: Bank of England is working on crypto regulation framework

The United Kingdom's central bank wants to create “effective public policy frameworks to maintain broader trust and integrity in the financial system.”

4 years ago

Metaverse

HSBC plunges into the metaverse via Sandbox partnership

HSBC has become the first traditional global financial institution to purchase virtual land in the metaverse.

4 years ago

Derivatives

Goldman Sachs looking to expand its crypto-related services

The Wall Street giant already offers its wealthiest clients the option to invest in select cryptocurrencies and is now looking to offer over the counter bilateral crypto options.

4 years ago

Regulation

Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports

A group of senators is introducing a bipartisan bill to prevent Russia from selling its gold reserves. Meanwhile, the U.S. may ban Russian oil imports, without participation of its European allies.

4 years ago