Nearly 30% of central banks delay CBDC plans, survey shows
Nearly a third of central banks have delayed CBDC rollouts, but 75% still plan to issue one, a survey finds. A new survey from the Official Monetary and Financial Institutions Forum and Giesecke+Devrient shows that 67% of central banks haven’t changed their stance on CBDCs, even as nearly 30% have pushed back their timelines. But […]
Banks expand crypto ties to capture IPO deals under Trump: report
Wall Street banks are pushing to land crypto IPO deals as Trump works to make the U.S. a crypto hub. Big banks are looking to make more money more with crypto firms as initial public offering opportunities loom, Bloomberg reports, citing people familiar with the matter. According to a Feb. 10 report, Morgan Stanley is […]
Coinbase would rank 21st largest U.S. banks
Coinbase CEO Brian Armstrong highlighted the company’s growing financial footprint, comparing its holdings to major U.S. banks and brokerages. In a post on X, Armstrong stated that Coinbase now holds approximately $420 billion in customer assets. This would make it the 21st largest bank in the U.S. by total assets. If categorized as a brokerage, […]
Central banks will likely lean away from issuing retail CBDCs
Mastercard’s Raj Dhamodharan predicts that more central banks will shift away from retail CBDCs, focusing instead on wholesale digital currencies for financial institutions in 2025. Central banks are rethinking their approach to state-backed digital currencies, with Raj Dhamodharan, Mastercard‘s head of crypto & blockchain, noting that while many once considered issuing their own digital currencies […]
Czech central bank’s Bitcoin reserve plan may take months, exposure cut to under 1%: report
The Czech central bank is reviewing a Bitcoin reserve plan that may take months, with potential exposure set to be well below the originally suggested, sources say. The Czech central bank’s Bitcoin (BTC) adoption plan may take months to finalize, with exposure expected to be much lower than the initially suggested 5%. Governor Ales Michl […]
How FDIC Forces Banks to Stop Services to Crypto Clients
On Feb. 5, 2025, the Federal Deposit Insurance Corporation released 175 documents from the Biden-era FDIC correspondence ahead of the U.S. Senate Banking Committee GOP hearing on the debanking of crypto companies. New documents reveal new details of the so-called “Operation Choke Point 2.0.” Following Trump’s inauguration, a pro-crypto team took the FDIC over and […]
Coinbase calls on U.S. gov to allow banks to enter crypto market: report
Coinbase is urging U.S. banking regulators to allow banks to offer cryptocurrency services, including trading and custody. The crypto exchange argued that current regulations create unnecessary hurdles preventing banks from fully entering the digital asset market, according to Bloomberg. In a letter to the Office of the Comptroller of the Currency, the Federal Reserve, and […]
European central banks could stockpile Bitcoin in 2025: expert
European central banks could start accumulating Bitcoin in 2025, according to blockchain expert Fiorenzo Manganiello. The prediction follows the rollout of the EU’s Markets in Crypto-Assets regulation, which aims to stabilize the crypto market by introducing clear legal frameworks. Manganiello, co-founder of LIAN Group and a professor at Geneva Business School, argues that MiCA’s regulatory […]
Banks able to serve crypto customers, BTC up 3%
Bitcoin bounced after comments from U.S. Federal Reserve Chair Jerome Powell at the FOMC meeting signaled that banks are allowed to serve crypto clients. Crypto markets initially had a muted reaction to the Federal Open Market Committee’s decision on Wednesday, Jan. 29, to keep interest rates unchanged. The Fed maintained its 4.25% to 4.50% federal […]
Crypto is the key to revitalizing community banks
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As the backbone of local economies across the United States, community banks’ futures lie with an unexpected ally: crypto policy. In rural and underserved areas, local financial institutions are facing enormous pressure […]
