Cryptocurrency
Understanding the different aspects of new technologies and how they extend existing financial systems is essential for fostering a healthy relationship between banking and emerging innovations.
-
A study from Surfshark found that crypto scams cost their victims about five times as much money as losses from other cybercrimes.
June 7 -
A recent study looked at government-backed virtual currency.
May 9
-
The Office of Financial Research — a Treasury agency tasked with examining sources of systemic financial risk — published a report that found that full integration of a central bank digital currency could hurt banking-sector stability but offers significant benefits for consumers.
March 22 -
The FDIC named Greg Carmichael, who retired last year as CEO of Fifth Third Bancorp, to run a bridge bank that will hold Signature's deposits and most of its assets.
March 12 -
The Supreme Court's insistence that Congress expressly authorize regulatory action on 'major questions' is destined to run afoul of the administration's efforts to set rules of the road for cryptocurrency.
March 7 - AB - Technology
More regulated institutions serving crypto-related businesses would lead to more safety and soundness overall, many experts argue.
February 13 - AB - Technology
One of the few crypto companies to receive a banking charter from the Office of the Comptroller of the Currency, Anchorage is putting more people and resources into compliance.
January 31 - AB - Technology
Several providers, including BlockFi and Celsius, have filed for bankruptcy in recent months. But this does not necessarily spell gloom and doom for the industry.
January 23 -
Sustainability and climate change continue to impact the business decisions of banks and fintechs looking to advance their green banking credentials.
January 10
