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DekaBank to Launch Blockchain-Based Tokenization Platform

DekaBank to Launch Blockchain-Based Tokenization Platform

German asset management DekaBank is cooperating with Metaco to build a tokenization platform but won't trade Bitcoin.

The Federal Home Loan Banks System is lending to cryptocurrency

The Federal Home Loan Banks System is lending to cryptocurrency

The FHLB is lending billions to two of the top bitcoin banks. According to WSJ, FHLB loans might minimise cryptomarket outflows.

Banks Embrace Tech to Navigate Economic and Cyber Challenges, ISG Highlights

Banks Embrace Tech to Navigate Economic and Cyber Challenges, ISG Highlights

Global banking and financial services (BFS) firms are increasingly leveraging technology to improve customer experience and navigate the tumultuous landscape, according to a report by Information Services Group. The ISG TechXchange event in Paris will explore how BFS institutions can use data, automation, and AI to differentiate themselves in a saturated market. The event will feature prominent BFS leaders discussing the future of banking, emerging tech platforms, and the potential of the metaverse.

Custodia Bank CEO Caitlin Long Slams Regulators

Custodia Bank CEO Caitlin Long Slams Regulators

The Custodia Bank CEO joins other crypto leaders in criticizing Washington's "regulation by enforcement" strategy.

Custodia Bank's Application to Join Federal Reserve Rejected

Custodia Bank's Application to Join Federal Reserve Rejected

Custodia, a digital asset bank, was denied membership in the Federal Reserve System.

Customers Trust in Banks More than in Crypto, France Central Bank Governor Says

Customers Trust in Banks More than in Crypto, France Central Bank Governor Says

Bank of France Governor Francois Villeroy de Galhau has expressed his view that the current extreme volatility facing the crypto market has made consumers lose trust in cryptocurrencies.

US Financial Regulators Aiming at How Banks Could Hold Bitcoin & Crypto Assets, Says FDIC Chairperson

US Financial Regulators Aiming at How Banks Could Hold Bitcoin & Crypto Assets, Says FDIC Chairperson

Jelena McWilliams, the chairperson of the Federal Deposit Insurance Corporation (FDIC), has revealed that US financial Regulators are creating clearer regulations on how banks can engage in activities involving cryptocurrencies.

Banks are Still Far Away from Trading Crypto: Genesis CEO

Banks are Still Far Away from Trading Crypto: Genesis CEO

Bitcoin will not receive the same amount of significance from banks any time soon as it has from individual investors, the head of the crypto prime brokerage Genesis Global Trading said.

Moonstone Bank to Exit Crypto Space

Moonstone Bank to Exit Crypto Space

FTX's collapse may have damaged Farmington State Bank. Jean Chalopin, the Bahamas-based chairman of Deltec, another FTX banking partner, bought Moonstone Bank in 2020.

Former British Politician Godfrey Bloom Announces First Bitcoin Purchase

Former British Politician Godfrey Bloom Announces First Bitcoin Purchase

Godfrey Bloom, the former British Member of Parliament, has revealed that he is making his first purchase of Bitcoin.

Japan’s Financial Regulator Proposes New Legislations, Limiting Stablecoin Issuance to Banks

Japan’s Financial Regulator Proposes New Legislations, Limiting Stablecoin Issuance to Banks

Japan’s FSA is working on a legislation that is set to be introduced next year. The regulations seek to make it only wire transfer companies and banks can issue stablecoins.

Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament

Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament

The European Parliament must approve a new crypto exposure policy for banks.

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