The Office of the Comptroller of Currency (OCC) has issued Interpretive Letter 1183, affirming national banks’ ability to participate in specific crypto-asset activities. This clarification allows banks to […]
Singapore Gulf Bank Brings in Former Fed Vice Chair for Global Strategy
Singapore Gulf Bank has added a significant figure to its global strategy, appointing Richard Clarida, former Vice Chair of the US Federal Reserve, to its new Global Advisory […]
Singapore Gulf Bank Launches SGB Net for Seamless Crypto Transactions
Singapore Gulf Bank (SGB) has launched its innovative platform, SGB Net, to streamline crypto transactions within the MENA and Asian regions. This new offering facilitates frictionless exchange of […]
Kraken Launches Embed: Facilitating Seamless Cryptocurrency Access for Banks and Fintechs
Kraken has launched Embed, a service designed to help banks and fintech companies seamlessly integrate cryptocurrencies into their existing financial platforms. This innovative solution aims to simplify the […]
Morgan Stanley Broadens Access to Cryptocurrency for Retail Investors
Morgan Stanley, a leading US banking institution, has announced plans to integrate cryptocurrency transactions into its E*Trade platform, making direct access to retail users a reality. This initiative, […]
Charles Schwab Sets Sights on Crypto Trading: Major Bank to Launch Spot Services in 12 Months
Major financial institution Charles Schwab is set to join the crypto landscape. Reuters reports that CEO Walt Bettinger has revealed plans to launch spot cryptocurrency trading services within […]
Eric Trump Calls Out Banks, Sees Crypto as Future of Finance
Eric Trump, Executive VP of The Trump Organization and son of President Donald Trump, boldly declared the traditional banking system outdated during his appearance at TOKEN2049 in Dubai. […]
Eric Trump Calls for Cryptocurrency Adoption, Criticizes Traditional Banking
Eric Trump, a prominent figure in the cryptocurrency world, highlighted the limitations of traditional banking systems during a recent interview with CNBC. He argued that blockchain technology offers […]
Will Banks Fall Behind if They Don’t Embrace Cryptocurrency?
Eric Trump, in an exclusive interview with CNBC, highlights the urgency for banks to adapt or risk extinction in the coming decade. He criticizes traditional banking systems for […]
Eric Trump Warns Banks of Crypto’s Future: ‘They Will Disappear in 10 Years’
Following his father Donald Trump’s foray into the world of Bitcoin and cryptocurrency, Eric Trump has also taken a stance on digital currencies. In an interview with CNBC, […]
Yapı Kredi Bank Enters Crypto Realm
Yapı Kredi Bank’s exploration of the cryptocurrency market is gathering momentum, with recent customer surveys hinting at potential for a crypto exchange platform. The bank is currently investigating […]
Eric Trump Urges Banks to Embrace Crypto or Face Oblivion
Eric Trump, son of US President Donald Trump and executive vice president of the Trump Organization, is advocating for widespread adoption of cryptocurrency. He announced plans to launch […]
Nigerian Banks Hike SMS Alert Fees Amidst Telecom Tariff Increase
Nigerian banks have announced the increase of SMS transaction alert fees from ₦4 to ₦6, effective May 1, 2025. This adjustment follows a 50% telecom tariff hike approved […]
Federal Reserve Reverses Crypto Restrictions, Opens New Pathways for Banking
The Federal Reserve has removed prior restrictions on digital assets, paving the way for banks to engage more actively in the cryptocurrency market. This policy shift aligns with […]
Eric Trump Calls for Banks to Adapt or Face Extinction Amid Blockchain Boom
Eric Trump, executive vice president of The Trump Organization, warns that traditional banking faces imminent obsolescence if it fails to embrace blockchain technology. He emphasizes a ten-year deadline […]