Crypto in Banking
Digital assets, tokenization, and the evolution of crypto in banking
American Banker delivers trusted, journalist-driven analysis on how banks are navigating the world of crypto. From regulatory updates to use cases for
American Banker highlights the areas where crypto is intersecting with core banking functions like compliance, settlement, and liquidity management. Our reporting avoids the hype and focuses on what matters to banks: oversight, infrastructure, and risk. Whether you're shaping strategy or monitoring market shifts, this is where the industry's crypto story takes shape.
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The crypto custodian Copper Technologies has obtained $196 million in fresh funding this year, as part of an ongoing series C investment in the business.
October 12
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Grayscale Investments, the largest crypto asset manager, said the Securities and Exchange Commission acted arbitrarily earlier this year in rebuffing a bid to convert its $12 billion spot bitcoin trust into an exchange-traded fund.
October 12
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An attacker spirited away about $100 million from the decentralized finance provider Mango by manipulating the price of its token in an exploit that wiped out depositors on the crypto platform.
October 12
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The SEC sued Ripple in 2020, alleging that the crypto payments company and its top executives misled XRP investors because it failed to register the digital asset as a security and did not provide adequate disclosure.
October 11
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Acting Comptroller of the Currency Michael Hsu referenced several large crypto firm meltdowns in the last year, including Voyager and Celsius.
October 11
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Top executives at the bankrupt crypto lender Celsius Network withdrew at least $30 million of cryptocurrencies in the month before suspending customer withdrawals from the platform, court documents show.
October 6
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Citigroup's venture capital investing group made its first digital-asset seed investment in a Hong Kong-based digital-asset management firm.
October 6
Frequently Asked Questions:
How is American Banker’s crypto coverage different from crypto-native sites?
We don’t cover meme coins or speculative investing. Our editorial team reports from a banking-first lens — focusing on regulation, enterprise use cases, compliance, and tech partnerships involving banks, fintechs, and regulators.What are the main ways banks are engaging with crypto today?
- Digital payments innovation
- Cross-border payments using blockchain rails
- Tokenization of real-world assets (RWA) like treasuries and mortgages
- Compliance tech for crypto transactions and AML screening
- Partnerships with fintechs and exchanges