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GeneralBeginnerThree senior JPMorgan executives—Scott Lucas, Justin Cohen, and Aaron Iovine—held a roundtable with the SEC’s Crypto Task Force to explore how traditional capital-market instruments might transition onto public blockchains. Their conversation touched on which segments of the current infrastructure…
#banks#jpmorgan#sec
GeneralJPMorgan Chase has quietly dropped a new hint that it’s pushing further into the crypto world. Earlier today, the banking giant submitted a U.S. trademark application for something called “JPMD.” On the surface, it looks like another piece of corporate paperwork. But dig a little deeper, and it’s…
#banks#crypto#jpmorgan
GeneralBeginnerEuropean law enforcement arrested 17 individuals tied to what authorities are calling a “mafia crypto bank.” The group is accused of laundering over €21 million (around $23.5 million) in cryptocurrency for Middle Eastern and Chinese organised crime networks. According to a statement issued by…
#australia#banks#crime
GeneralBeginnerRobinhood is expanding its services significantly, introducing both on-demand cash delivery and AI-powered trading advice. The company’s financial arm, Robinhood Banking, is set to offer its “Gold” subscribers the option to have physical cash delivered, drawing comparisons to on-demand services…
#ai#banks#crypto
GeneralBeginnerThe EOS Network has announced a significant rebranding, transitioning to “Vaulta” as it shifts its focus towards Web3 banking. This strategic move signifies a major pivot for the blockchain platform, which initially gained prominence during the 2018 initial coin offering (ICO) boom. The…
#banks#defi#finance
GeneralBeginnerBinance.US, the American arm of the global cryptocurrency exchange Binance, has announced the resumption of US dollar (USD) deposit and withdrawal services for its customers. This marks a significant turnaround for the exchange, which had suspended these services in June 2023 due to regulatory…
#altcoin#banks#binance
GeneralBeginnerThe Federal Deposit Insurance Corporation (FDIC) has released a trove of 790 pages of documents detailing its interactions with banks and financial institutions seeking to offer cryptocurrency services. This significant release follows ongoing scrutiny of the FDIC’s handling of crypto firms and…
#banks#crypto
GeneralBeginnerThe Hong Kong Monetary Authority (HKMA) has introduced a new initiative aimed at helping local banks adopt distributed ledger technology (DLT). The initiative will begin with a focus on tokenized deposits, with the HKMA offering support to banks as they conduct trials. On January 8, the HKMA…
#banks#hong-kong
GeneralBeginnerChina has tightened its oversight of cryptocurrency trading by introducing new foreign exchange rules. These rules require Chinese banks to closely track customer identity, the source of funds, and trading frequencies to curb cross-border crypto activities. On December 31, the South China Morning…
#asia#banks#china
BitcoinBeginnerThe Prudential Regulation Authority (PRA), the regulatory arm of the Bank of England, has requested that businesses disclose their current and future exposure to cryptocurrencies. This move aims to enhance the PRA’s understanding of the financial stability implications of crypto assets and inform…
#banks#crypto#uk
GeneralBeginnerAnchorage Digital, a leading digital asset platform, has announced its support for Liquid Collective’s Liquid Staked ETH (LsETH). This move allows institutional clients, such as venture capital firms, wealth managers, and blockchain protocols, to participate in Ethereum staking through Anchorage…
#altcoin#banks#crypto
