Policy

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT

Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the FT.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Policy

Cão de guarda bancário da UE para aprofundar investigação de ligações entre bancos e entidades criptográficas: FT

As preocupações com o contágio desencadearam a necessidade de “aprofundar as ligações entre os bancos e outras empresas financeiras”, disse José Manuel Campa, presidente da EBA, ao FT.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Finance

BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank

The Californian company will develop custody services and security solutions, local media reported.

(Pixabay)

Policy

Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight

Anchorage Digital stands alone as the only OCC-chartered crypto bank after other efforts have fizzled out or been withdrawn.

Figure Technologies CEO Mike Cagney (CoinDesk archives)

Policy

Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta

The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.

The bank's web-based app will have a beta launch on July 22, and be available on Google Play and Apple’s App Store. (Image from SDB)

Videos

EU Governments Friendly to Tough Bank-Capital Restrictions for Crypto

European Union governments appear to support new bank-capital standards, which could see unbacked crypto treated as the riskiest kind of asset for lenders to hold, according to an official leading talks on new legislation. CoinDesk Regulatory Reporter Jack Schickler explains what this could mean for assets such as bitcoin (BTC) and ether (ETH).

Recent Videos

Policy

Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges

The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours

Australian dollars (Squirrel photos/Pixabay)

Policy

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.

Karachi, Pakistan - Nov 14, 2021: People are seen at a weekly Sunday bazaar in Bufferzone, an area of central Karachi of Sindh province in Pakistan

Policy

Hong Kong's Central Bank Digital Currency Could Be on Permissioned Blockchain: Source

The regulator of e-HKD has left the implementation of Hong Kong's CBDC to the banks.

Hong Kong (See-ming Lee/Flickr-Creative Commons)