Banking
EU Regulators to Conduct Joint Investigation into Banks’ Crypto Exposure
The European Banking Authority (EBA), the European Systemic Risk Board (ESRB) and the Financial Stability Board (FSB) wi...
Nigeria Imposes Strict Banking Guidelines After Relaxing Crypto Ban
The Nigerian Central Bank (CBN) published strict guidelines for banks and financial institutions opening crypto accounts...
Inspector General Finds FDIC Crypto Risk Assessment Process Insufficient
The Inspector General’s Office (IG) of the FDIC recently published an evaluation report on the FDIC’s crypto risk assess...
SEBA Hong Kong Receives In-Principle Approval from SFC
SEBA Hong Kong, the Hong Kong arm of the crypto-friendly Swiss-based bank SEBA Bank, announced it received in-principle...
Signature Bank’s Demise Due to Crypto Exposure: FDIC Chair
Martin Gruenberg, chairman of the FDIC, blamed Signature Bank’s involvement in the crypto industry for its ultimate coll...
Hong Kong ZA Bank to Offer Crypto Conversions and Accounts
Hong Kong’s largest virtual bank, ZA Bank, will reportedly provide crypto-to-fiat conversions and account services to re...
Binance.US Unable to Secure Banking Partner
Amid the collapse of Silvergate Bank and increased regulatory crackdown of the crypto industry, Binance’s US arm is havi...
Singapore To Release New Crypto Client Vetting Guidance for Banks
Singapore regulators are reportedly working alongside police forces to develop uniform guidelines for banks to aid in sc...
UK Banks Become Increasingly Reluctant Toward Crypto
Numerous crypto firms report severe reluctance from UK banks to provide them with services.
Fidelity Expands its BTC, ETH Trading to Most Retail Accounts
Amid a severe banking crisis, Fidelity Investments has opened access to bitcoin and ether trading to all its retail trad...