bank

In a surprising move, the National Australia Bank (NAB), one of Australia’s largest financial institutions, has ceased its efforts to create its own stablecoin, AUDN. This decision comes just a year after the bank announced its plans to…

Nansen claims DBS Bank holds $650M in Ether, but DBS denies the position amid speculation and crypto growth. We've identified this $650m $ETH Whale holding 173.7k ETH as DBS, the largest bank in Singapore with assets totaling S$739 billion…

The Swiss National Bank (SNB) has recently made headlines. Thomas Jordan, the SNB’s Chair, expressed views on the future of digital currency in Switzerland. He believes that there is no immediate need for a public central bank digital…

Monetary Authority of Singapore (MAS) Managing Director Ravi Menon has made a bold prediction regarding the future of private digital coins, asserting that they are destined to fade away from the monetary landscape. Speaking at a panel…

The Monetary Authority of Singapore (MAS) has announced its plans to initiate a ‘live’ pilot program for a central bank digital currency (CBDC) focused on wholesale interbank settlement. This pivotal step, scheduled for next year, marks a…

Ripple, a leading blockchain and cryptocurrency company, has joined forces with the National Bank of Georgia to further explore the potential use cases of a Central Bank Digital Currency (CBDC) within the country. This partnership marks a…

The UK Metro Bank has successfully negotiated terms with key investors, offering a glimmer of optimism amid recent financial uncertainties. The finalized agreement, revealed on Sunday, unveils a £325mn capital boost, comprising £150mn of…

Rashawn Russell, a former investment banker and registered broker who once worked for Deutsche Bank, has pleaded guilty to a series of charges related to cryptocurrency investment fraud. Russell’s actions have sent shockwaves through the…

Switzerland-based financial institution SEBA Bank is on the cusp of offering crypto-related services in Hong Kong. The Hong Kong Securities and Futures Commission has granted SEBA Bank an approval-in-principle, a significant step toward…

In a significant development, Hong Kong’s largest bank, HSBC Holdings Plc, is offering Bitcoin-linked ETFs. The Chinese territory is looking to position itself as a global hub for cryptocurrencies. Despite last year’s market volatility,…