Bank Archives - Page 3 Of 4

Czech Central Bank Eyes Holding Up to 5% of Reserves in Bitcoin

January 29, 2025 Paulo

Czech National Bank Governor Aleš Michl plans to propose allocating up to 5% of the bank’s reserves to Bitcoin, a first for a Western central bank.

Cinematic illustration showing Bitcoin separating from rising U.S. stock market charts, symbolizing the rare decoupling between BTC and the S&P 500.

Philippine Banks Collaborate to Launch PHPX Stablecoin on Hedera

January 10, 2025 Paulo

Philippine banks are launching PHPX stablecoin on Hedera for real-time remittances, aiming to streamline cross-border payments and boost financial inclusion.

Upbit crypto exchange being investigated by South Korea’s Financial Services Commission over market monopoly concerns.

FSC to Launch Investigation into South Korea’s Largest Crypto Exchange Upbit

October 10, 2024 Paulo

South Korea’s FSC is probing Upbit for market dominance and ties with K Bank, amid concerns of risks tied to the crypto exchange’s large market share.

Bank of England building with a focus on financial risks from private settlement assets like stablecoins.

Bank of England Executive Warns of Stability Risks From Shift to Private Settlement Assets

October 2, 2024 Paulo

BoE warns that shifting settlements to private assets like stablecoins, without modernizing central bank money, could threaten financial stability.

Basel Committee Approves Crypto Disclosure Framework for Banks

Global Banking Regulators Approve Framework for Banks to Disclose Crypto Exposure

July 4, 2024 Paulo

The Basel Committee on Banking Supervision has approved a framework for banks to disclose their crypto exposure starting 2026, enhancing market discipline.

Orcel, CEO of UniCredit, speaking at a conference about Digital Euro

UniCredit CEO Supports Digital Euro Central to Role of Banks

June 19, 2024 Paulo

UniCredit CEO Andrea Orcel endorses the digital euro, emphasizing that banks must retain their central role in its implementation and operation for its success.

Futuristic illustration of Australian crypto exchanges maintaining stability amid Binance’s payment disruption

Australian Crypto Exchanges Reassure Users Amid Binance Payment Suspension

May 20, 2023 Paulo

Following Binance’s AUD suspension, major Australian crypto exchanges affirm stability and ongoing payment access despite lingering regulatory risks.

Futuristic illustration of the Texas State Capitol with digital assets and blockchain symbols representing crypto regulation and transparency

Texas Senate Passes Crypto Proof-of-Reserves Bill, Awaits Governor’s Signature

May 20, 2023 Paulo

Texas lawmakers approve a bill mandating crypto exchanges to keep full reserves and segregate user funds. The law now awaits the governor’s signature.

Digital illustration of El Salvador glowing with Bitcoin nodes connecting globally, symbolizing Strike’s expansion and relocation

Strike Relocates Headquarters to El Salvador and Expands to 65 Global Markets

May 20, 2023 Paulo

Strike moves its headquarters to El Salvador and expands to 65 markets, using the Bitcoin Lightning Network to reach over 3 billion potential users.

Stylised illustration of a modern bank vault merging with blockchain circuits and digital coin flows, representing Crypto.com’s charter application and crypto-bank convergence.

Bitcoin Faces Volatility as JPMorgan Rescues First Republic and Fed Readies Rate Decision

May 5, 2023 Paulo

Bitcoin dips below $29,000 amid renewed banking turmoil and anticipation of the Fed’s next rate decision. Analysts warn of volatility as macroeconomic risks rise.