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…
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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 to…
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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 and 1183.…
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OCC Opens Doors for US Banks in Crypto Revolution
Story Highlights The OCC now permits US banks to deal in cryptocurrency without prior clearance. The SEC has taken a more crypto-friendly approach, dismissing lawsuits.…
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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 the…
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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…
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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 Silvergate,…
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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 as…
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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 appear…
