Tag: crypto

Capital and Risk, Trading

Bybit Launches Bot Copy Trading, Revolutionizing Automated Crypto Trading

December 15, 2023

Via: PR Newswire

Bybit, the world’s third-largest crypto exchange by volume, has launched its anticipated Bot Copy Trading feature, integrating Copy Trading with Futures Grid Bots. This new tool opens access to trading bots enhancing the trading for Bybit’s 20 million users. The […]


Sen. Warren draws more support for crypto crackdown bill

December 12, 2023

Via: Banking Dive

Sen. Elizabeth Warren, D-MA, has drawn more support for a bill meant to crack down on the use of crypto in illegal activities, including money laundering, drug trafficking and sanctions evasion. Alongside five new co-sponsors, including three fellow members of […]


Half of CFTC’s 2023 enforcement actions had crypto ties

November 8, 2023

Via: Banking Dive

Nearly half of the Commodity Futures Training Commission’s enforcement actions in fiscal 2023 were related to digital assets, including against crypto companies and crypto-tied “individual Ponzi schemers,” the regulator said Tuesday. Through 47 total crypto-related enforcement actions, the CFTC “cemented […]


Banks would have to disclose crypto exposure in new Basel plan

October 6, 2023

Via: Banking Dive

Banks will have to make public their exposure to crypto under a plan mentioned Thursday by the Basel Committee on Banking Supervision. A consultation paper will be “published soon” and will propose “a set of disclosure requirements related to banks’ […]

Capital and Risk, Trading

Genesis to shutter US crypto spot trading desk

September 6, 2023

Via: Banking Dive

Genesis Global Trading will shutter its U.S.-focused crypto spot trading platform Sept. 18, the company told clients via email Tuesday. “The decision was made voluntarily and for business reasons,” the email said, according to CoinDesk, a publication owned by GGT’s […]


Deutsche Bank applies for crypto custody license

June 21, 2023

Via: Banking Dive

Deutsche Bank has applied with regulators to operate a crypto custodian, CoinDesk reported Tuesday. The move came on a day a previously announced U.S.-based crypto exchange, EDX Markets — launched by Charles Schwab, Fidelity Digital Assets and Citadel Securities — […]

Capital and Risk, Operational

US agencies outline risks of crypto to banking system

January 5, 2023

Via: FinTech Futures

The agencies say they have “significant safety and soundness concerns” with business models that are concentrated in crypto-asset-related activities or have exposure to the crypto-asset sector. As a result, in a year marked by “significant volatility” in the cryptosphere, the […]


Is Crypto the Future of Money?

May 11, 2022

Via: Bank Director

Regardless of their involvement in the financial services industry, anyone paying attention to the news lately will know that cryptocurrencies are making headlines. As the worldwide economy becomes less predictable, regulatory agencies are wondering whether cryptocurrencies could be used to […]


3 execs are leaving Citi for crypto or fintech. Will it be a turnover trigger for the bank?

March 14, 2022

Via: Banking Dive

March is turnover season. Banks have doled out their year-end bonuses. Bankers reevaluate their prospects. Some jump. So the departure late last week of three Citi executives in two separate announcements may not measure more than typical annual flight. Then […]


Crypto, CRA, data sharing: Bank regulators’ ambitious priorities for 2022

January 27, 2022

Via: American Banker

Federal financial regulators are preparing to dramatically reshape several major banking rules and create others, filling the policymaking void left by a bitterly divided Congress. In the absence of congressional action, they’re moving quickly on a number of fronts, from […]

Activity, Investment Banking

4 Tips For Choosing Crypto IRA Investment Companies

July 7, 2021

Via: TechBullion

Given the popularity of cryptocurrencies these days, it’s no wonder that people are increasingly deciding to add it to their retirement saving accounts. Of course, some individuals are still not sure about the wisdom of this idea, while others are […]


The Future of Banking: Crypto, Blockchain and Fintech

April 17, 2019

Via: Bank Director

Inscribed in the first block of the first blockchain ever created are the words: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks,” referring to the London newspaper’s lead story of the day. This edition of the newspaper […]

Activity, Trading

Crypto selloff takes a breather, market cap back above $200 billion

August 15, 2018

Via: Market Watch

Prices of digital currencies are trading higher Wednesday, bucking the recent trend which saw as much as $20 billion wiped off the market cap of cryptocurrencies to begin the week. Bitcoin BTCUSD, +5.34% the world’s biggest digital currency, is trading […]


Blockchain Remains King as Banks Lose Interest in ICOs, Crypto

March 7, 2018

Via: Bank Innovation

EXCLUSIVE–The potential use cases of blockchain technology in banking continue to captivate bankers, but topics like cryptocurrency and Initial Coin Offerings, or ICOs, may be losing a bit of their edge. This is according to a panel on the subject […]


Self-proclaimed bitcoin creator sued for allegedly stealing $5 billion worth of crypto, other assets

February 27, 2018


A man who has claimed to be the creator of bitcoin is being sued over an alleged scheme to steal $5 billion worth of cryptocurrency and other assets from a former business partner. Australian entrepreneur Craig Wright in 2016 said […]