Custodia Bank takes case to higher court after March setback
Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account. Go to Source
Banking
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Santander appoints crypto custodian Taurus to safeguard Bitcoin, Ether: Report
An unconfirmed report suggests Taurus will provide crypto custodial services to Spanish fin-serv giant Banco Santander. Go to Source
Canadian regulator seeks feedback on crypto asset exposure disclosure requirements
The Canadian Office of the Superintendent of Financial Institutions is following a Basel model for its disclosure requirements. Go to Source
Santander offers Bitcoin, ETH trading for Swiss account holders: Report
High-net-worth individuals of Santander Private Banking International will have access to trade BTC and ETH, according to a report claiming access to a leaked internal communication. Go to Source
Hashing It Out: How Web3 is causing an evolution of traditional finance
Sarah Clark, the CEO of E-Gates, believes that traditional finance needs to adopt features of decentralized finance as part of an evolution instead of seeing it as a revolution. Go to Source
Fiat on-ramps, banking partners crucial for institutional Web3 adoption – European Blockchain Convention
Prominent fiat payment rail services and neobanking platforms are becoming a catalyst to address institutional mistrust in the cryptocurrency sector. Go to Source
TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator
Cointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program. Go to Source
AI’ takes Collins dictionary word of the year, ‘debanking’ makes shortlist
The Collins dictionary named AI word of the year, describing AI-powered language models as “bursting into the public consciousness” and “much talked about” in 2023. Go to Source
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found. Go to Source
Banks’ crypto exposure must be disclosed: BIS’ Basel Committee
The proposed regulations are currently open to the public for comments and if approved they will come into effect by Jan. 1, 2025. Go to Source
