Wall Street wants the tech but not the transparency. DRW’s Don Wilson says open ledgers are a dealbreaker for banks
Wall Street firms may embrace blockchain technology, just not in its current form. The open, distributed ledger visible to all…
Tag: Banks
BitGo, ZKsync build tokenized deposit infrastructure to bring banks onchain
BitGo and ZKsync are teaming up to offer banks a full-stack infrastructure for tokenized deposits, as financial institutions look to…
Central Banks’ Dilemma on Iran War Inflation: Look Through or Act Fast
Australia’s and New Zealand’s central bank chiefs outline alternative approaches to dealing with Iran War inflation pressures www.bloomberg.com #Central #Banks…
Bitpanda launches blockchain for tokenized assets aimed at European banks, fintechs
Vienna-based crypto broker Bitpanda is launching a new blockchain network aimed at bringing tokenized assets into Europe’s regulated financial system,…
IDFC bank’s ex-staffers sent to 3-day police remand in Chandigarh
A local court has granted police a seven-day remand of three former employees of IDFC First Bank in connection with…
BNY Mellon CEO says the future of crypto runs through big banks
NEW YORK — BNY Mellon CEO Robin Vince said the next phase of crypto adoption will depend on large financial…
Foreign Banks Find India Growth Comes With Strict Conditions
Global banks attracted to India’s nearly $4 trillion economy are discovering that access comes at a price: limited control, drawn-out…
Eric Trump Says Big Banks Block Crypto Yield Products to Protect Profits From Low Savings Rates
Rising tension between Wall Street banks and crypto platforms is fueling debate over savings yields, with Eric Trump accusing major…
Trump Meets Coinbase CEO, Blames Banks for Stalling Crypto Bill
President Donald Trump met privately with Coinbase CEO Brian Armstrong before publicly criticizing banks for blocking progress on U.S. crypto…
EA Buyout Banks Eye €4 Billion, $10.5 Billion Split in Debt Sale
Banks selling down the financing backing the record leveraged buyout of Electronic Arts Inc. are set to split the bulk…