OCC’s Hsu: Bank-fintech partnerships ‘here to stay’, while crypto-hogging ‘brain space’
WASHINGTON, Oct 13 (Reuters) – A top U.S. banking regulator said his caution about banks working with fintechs is not meant to stifle those arrangements, but...
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Banks Should Manage Increased Risk From Deposits From Crypto Firms – Fed’s Barr
Oct 12 (Reuters) – Banks that accept deposits from cryptocurrency companies should be aware of increased liquidity risk, especially if firms are heavily interconnected with other...
Shades of Gray Says US SEC Set Bar Too High for Bitcoin Funds
Oct 11 (Reuters) – Grayscale Investments said in a court filing on Tuesday that the U.S. Securities and Exchange Commission set the bar too high for...
Damien Hirst burns artwork after collectors opt for his NFTs instead
LONDON, Oct 11 (Reuters) – Britain’s Damien Hirst began burning hundreds of his artworks on Tuesday after collectors opted to keep their non-fungible tokens (NFTs), blockchain-based...
Cryptoverse: Hack jitters push bitcoin investors back to the future
Oct 11 (Reuters) – Being a crypto investor is not easy. They have seen the value of their holdings drop like a brick this year, and...
Crypto giant Coinbase gets Singapore license
SINGAPORE, Oct 11 (Reuters) – Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore’s central bank to offer payment...
Binance-linked blockchain hit by $570 million crypto hack, Binance says
LONDON, Oct 7 (Reuters) – A blockchain linked to Binance, the world’s largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson...
Cryptoverse: Trading Names in an Astounding Crypto-Crazy
Oct 4 (Reuters) – A new NFT trading craze where names are bought and sold for eye-watering sums is providing a multimillion-dollar lifeline for speculators shivering...
US Treasury urges new laws to address gaps in crypto regulation
Oct 3 (Reuters) – The Financial Stability Oversight Council (FSOC), a U.S. regulatory panel made up of top financial regulators, recommended on Monday that Congress pass...
NFT sales plunge in the 3rd quarter, down by 60% from the 2nd quarter
LONDON, Oct 3 (Reuters) – Sales of non-fungible tokens fell sharply in the third quarter, according to blockchain tracker DappRadar, as crypto investors look for a...