TL;DR Fiserv says its digital-asset platform is now live with financial-institution clients. Bank of North Dakota’s dollar-backed Roughrider Coin is the first …
Banking
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Finance
Spanish Banking Giant Cecabank Takes Crypto Custody Push to Luxembourg
by shayaanby shayaanCecabank operates as a B2B infrastructure provider, enabling client banks and financial institutions to hold crypto assets, execute orders and perform transfers …
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Markets
Circle Brings USDC Workflows Into Banking Platform Used By Major Institutions
by shayaanby shayaanTL;DR Volante Technologies and Circle have announced a collaboration around stablecoin payment and settlement infrastructure. Volante plans to bring USDC workflows into …
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Finance
Crypto pioneer warns AI could trigger systemic banking and infrastructure shocks
by shayaanby shayaanMarc van der Chijs, an entrepreneur who co-founded then bitcoin miner Hut 8 (HUT), has become increasingly concerned about the technology to …
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Markets
'We have lost control': Crypto pioneer warns AI could trigger systemic banking and infrastructure shocks
by shayaanby shayaanMarc van der Chijs sold much of his bitcoin to invest in AI. Now, growing concerns about the technology accompany a move …
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Finance
Banking giant UniCredit weighs tokenized products and crypto services for clients: Report
by shayaanby shayaanUniCredit is considering new digital-asset services, including custody and brokerage, as the Italian bank explores building infrastructure to support the sector, Bloomberg …
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Markets
U.S. banking agency gives blockchain bank OpenReserve initial OK to operate
by shayaanby shayaanThe Office of the Comptroller of the Currency granted a provisional charter to the new full-service bank, adding it to the growing …
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Kraken is joining SoFi’s settlement network and list SoFiUSD as the companies link traditional banking with crypto markets. www.coindesk.com
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JPMorgan Chase is expanding its dedicated cryptocurrency and blockchain team within its retail banking division, Chase, according to a report from Nada …
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Regulation
U.S. Banking Regulators Move to Curb ‘Operation Choke Point 2.0’ with New Rules on ‘Unsafe or Unsound’ Practices
by shayaanby shayaanU.S. banking regulators are taking steps to narrow the definition of ‘unsafe or unsound practices’ in bank supervision, a move that could …