banking

Business

Banking

Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services

LevelField inched closer to its goal of offering both traditional and crypto banking services following its acquisition of the FDIC-insured Burling Bank.

By Elizabeth Napolitano

Sponsored

Feb 1, 2023 at 8:43 p.m. UTC

Feb 1, 2023

bankingacquisitionFDICCrypto

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Business

Metaco

DekaBank Selects Swiss Crypto Specialist Metaco to Steer Digital Asset Offering

The bank has 360 billion euros in assets under management and is eyeing up crypto products for its institutional clients.

By Oliver Knight

Sponsored

Jan 31, 2023 at 9:45 a.m. UTC

Jan 31, 2023

MetacoGermanybankingInstitutional AdoptionCustody

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Policy

Regulations

Custodia Bank Denied Federal Reserve System Membership

The Wyoming-based bank’s application for a master account is still pending.

By Cheyenne Ligon

Sponsored

Jan 27, 2023 at 5:43 p.m. UTC

Jan 27, 2023

regulationsCustodiaCaitlin LongFederal Reservebanking

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Consensus Magazine

Policy week 2023

Banks Will Dominate Stablecoins, and 2 Other Predictions About the Future of Money

Crypto, rather than "blowing up" traditional finance, is making the existing system more efficient.

By Chris HayesChris Ostrowski

Sponsored

Jan 27, 2023 at 4:34 p.m. UTC

Jan 27, 2023

Policy Week 2023OpinionStablecoinsCBDCsbankingCongressMiCA

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Policy

Regulations

New York Banks Must Seek Advance Permission for Crypto Activity, Regulator Says

New guidance from the state Department of Financial Services sets a 90-day advance notice period

By Jack Schickler

Sponsored

Dec 15, 2022 at 3:12 p.m. UTC

Dec 15, 2022

regulationsNew YorkNew York Department of Financial ServicesbankingTradFiNYDFS

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Business

Stablecoins

Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin

The Jewel USD stablecoin will be launching on Polygon.

By Margaux Nijkerk

Sponsored

Dec 12, 2022 at 4:00 p.m. UTC

Dec 12, 2022

StablecoinsPolygonbanking

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Policy

Regulations

Singapore Banks' Exposure to Bitcoin 'Insignificant' but Subject to Highest Risk Weight

Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.

By Sandali Handagama

Sponsored

Nov 28, 2022 at 4:33 p.m. UTC

Nov 28, 2022

regulationsBISbankingBanking RegulationBitcoinSingapore

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Business

Genesis

Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors

The crypto lender also started talks with its largest creditors and borrowers, including Gemini and parent company DCG, to agree on a solution.

By Aoyon Ashraf

Sponsored

Nov 23, 2022 at 7:47 p.m. UTC

Nov 23, 2022

GenesisMoelis & Cobanking

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Layer 2

Credit suisse

Is Credit Suisse a Canary in the Financial Industry Coal Mine?

Though recent flubs dominate headlines, the Swiss giant’s real mistake may have been trying to compete with Wall Street in the first place.

By David Z. Morris

Sponsored

Oct 28, 2022 at 4:52 p.m. UTC

Oct 28, 2022

Credit Suissebankingmergers and acquisitionsInvestingOpinionThe NodeNewsletters

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Policy

Bny mellon

Digital Asset Bank Custodia Files Petition in US Court Over BNY Mellon's Crypto Approval

Custodia alleges the Kansas City Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.

By Sam Reynolds

Sponsored

Oct 13, 2022 at 9:36 a.m. UTC

Oct 13, 2022

BNY MellonCustodiaCaitlin LongFederal Reservebanking

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