Tag: banks

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Rather Than Fear Stablecoins, Offer Your Customers Better Rates, Matt Hougan Says About Banks

Bitwise CIO Matt Hougan urges banks to raise deposit rates to compete with stablecoins, potentially reshaping savings and lending dynamics. Banks should raise deposit rates...

South Korea Moves Ahead With Stablecoin Regulation Bill

South Korea is preparing to introduce a regulatory framework for stablecoins in a few months. In particular, the Financial Services Commission (FSC) is expected...

OCC Boosts Banks’ Crypto Service Expansion in 2025

In 2025, OCC lets banks sell cryptocurrency to clients.  Banks can outsource crypto custody with risk management.  Ruling builds on Interpretive Letters 1170...

OCC Opens Doors for US Banks in Crypto Revolution

Story HighlightsThe OCC now permits US banks to deal in cryptocurrency without prior clearance.  The SEC has taken a more crypto-friendly approach, dismissing...

Ripple Launches Crypto Custody Service Amidst Ongoing XRP Lawsuit

Ripple introduces custody services to assist banks and fintech companies. The custody industry is expanding, with Ripple experiencing 250% customer growth.Ripple has announced...

As Banks Fall, Crypto Gains More Popularity

Bitcoin, Ethereum, and many other mainstream forms of crypto are gaining a lot of traction and additional popularity as the banking crisis grows. Crypto Is...

Analysts: Bitcoin Will Continue to Benefit from the Banking Crisis

Now that 2023 has arrived, bitcoin has found fresh ground following the ongoing banking crisis that has led to the closure of institutions like...

What’s Really Making Bitcoin Spike? Analysts Weigh In

What’s really behind the sudden rise of bitcoin? The world’s number one digital currency has had a very successful 2023 thus far, spiking by...

Bitcoin Spikes Following Silicon Valley Bankruptcy

Silicon Valley Bank is in the process of filing bankruptcy, bringing back rough memories of the FTX debacle five months ago. However, the effects...

Mastercard Bridges the Gap Between Banks and Crypto

Mastercard is looking to bring the traditional world of banking and crypto together by making it easier for the former to get involved with...

The SEC Just Made It Very Hard for Banks to Get into Crypto

It looks like there are plenty of banks out there that want to thin the line between themselves and crypto. They have digital currency...

Louisiana Banks Can Now Store Crypto Assets

Banks in Louisiana are now allowed to offer crypto custody services to customers thanks to a new bill. Simply known as “802,” the bill...