Brokered CDs can earn you higher interest rates, but at what cost?
Brokered CDs are issued by banks and sold by brokerages. Investors can sell them on secondary markets and…
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Banking
416 posts
Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs
US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending…
Crypto Wallet SafePal Ventures Into Banking With New USDC Visa Card
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.…
Rabobank taps blockchain to improve commercial paper transactions
Rabobank’s successful pilot initiative generated over €2 billion in commercial paper transactions, showcasing blockchain’s broad use cases that…
Hungary issues draft law allowing banks to offer crypto services
Hungary is advancing a legislative proposal that would enable banks, investment funds, and asset managers to offer services…
CBDCs: User privacy problem or currency of the future?
CBDCs have some benefits but also many drawbacks, which has sparked debate about whether adopting them is a…
Chainlink exec says leading banks have begun tokenizing real world-assets
Chainlink Labs is guiding major financial institutions towards adopting blockchain technology and tokenization, which is already underway, according…
ECB execs respond to banks’ objections to digital euro, suggest priorities
Banks continue to raise objections that have already been accounted for in digital euro design, the authors say.…
Revolut to Introduce Crypto Exchange Targeting ‘Advanced Traders’
Digital bank Revolut is set to release a cryptocurrency exchange targeting “advanced traders,” according to an email sent…
US banking groups lobby SEC for rule change to enter Bitcoin ETF market
Multiple US banking groups are seeking inclusion in the Bitcoin exchange-traded funds (ETFs) landscape, prompting a request for…