Banking Woes for Crypto Hedge Funds: 75% Report Access Issues
TL;DR A recent report by the Alternative Investment Management Association (AIMA) reveals that 75% of hedge funds focused on digital assets face significant challenges in...
Tag : Bank
Keyrock Partners with Deutsche Bank to Enhance Digital Asset Operations
TL;DR Strategic Partnership: Keyrock partners with Deutsche Bank to enhance payment and FX operations for market making and OTC trading. Infrastructure Leverage: Keyrock will use...
State Street Explores Stablecoins and Tokenized Deposits
TL;DR Street is considering creating stablecoins and tokenized deposits to facilitate blockchain-based payments. Digital Asset Expansion: The company is partnering with Galaxy to develop crypto...
Binance CEO Changpeng Zhao Speaks on the Potential of Buying a Bank as a Solution
Binance Chief Executive Officer (CEO) Changpeng Zhao dismissed the notion of purchasing banking institutions as a solution to the prevailing debanking issue facing the crypto space during a...
Regulator Warns of “Godfather” Malware Targeting Crypto and Banking Apps
The Federal Financial Supervisory Authority (BaFin) of Germany issued a warning on Monday regarding malware known as “Godfather,” which creates a fake version of a...
US Regulators Issue Joint Warnings to Banks Over Crypto Risks
The Board of Governors of the Federal Reserve System and two other United States federal agencies have issued their first-ever collective warning to banks over...
Binance Considers Buying a Bank
The leading cryptocurrency exchange in the world, Binance, is stepping up its efforts as it considers purchasing a traditional bank to bridge the gap between...
Mastercard Launches “Crypto Source” to Bring Crypto Trading to Banks
The payment giant Mastercard has launched a new program dubbed “Crypto Source” in collaboration with cryptocurrency trading platform Paxos to enable banks and financial institutions...
Indian ED Reportedly Unfroze WazirX Crypto Exchange’s Bank Accounts
The federal Enforcement Directorate (ED), India’s body for combating financial crime, unfroze WazirX crypto exchange‘s bank accounts after more than a month, according to a...
European Central Bank Begins Work on Crypto Regulation
The European Central Bank has built the basis for the factors it would take into account when unifying the licensing requirements for crypto assets in...