Crypto Firms Posing As Banks Face Scrutiny From Hong Kong Regulator
The Hong Kong Monetary Authority (HKMA) has warned the public about two foreign-based crypto companies allegedly misrepresenting themselves as banks. The firms ...
Tag: banks
Deutsche Bank Dives Into Crypto: Ethereum Platform Tested To Fight Shrinking Profits
Using an innovative Ethereum-based platform, Deutsche Bank has entered the tokenized money market, therefore significantly integrating blockchain technology. This new ...
Market Shakeup: Bitcoin Takes A Hit As Fed Puts Rate Cuts On Hold
Bitcoin was one of the cryptocurrencies that reacted to Federal Reserve Chairman Jerome Powell's remarks during a panel discussion on ...
Going Crypto: Major UK Banking Firms Test Tokenized Deposits
UK Finance, the trade association representing the UK banking and financial services industry, is spearheading a pioneering pilot program aimed ...
Major Banks Embrace Crypto: Bank Of America, Wells Fargo Now Offer Spot Bitcoin ETFs
As more and more of the biggest investing organizations begin to provide the funds to their clients, crypto ETFs are ...
Bitcoin, Ethereum, XRP: Banks’ Crypto Holdings Exposed By BCBS
In an unprecedented analysis, the Basel Committee on Banking Supervision (BCBS) has unveiled a comprehensive report detailing the involvement of ...
18 ltalian Banks Forge Partnership For Blockchain-Based Wholesale CBDC Project
A collaborative effort between the Associazione Bancaria Italiana (ABI) and the Bank of Italy has brought together a group of ...
Hong Kong Authorities Encourage Major Banks To Embrace Crypto Clients
According to reports, the Hong Kong Monetary Authority (HKMA), the regulatory body overseeing banking activities in the region, has allegedly ...
