Bank – Page 5

Singapore’s DBS Bank Starts New Suite of Tokenized Banking Services for Institutional Clients

The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.

U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan

The network hashrate has risen 4% so far this month, while the hashprice is up less than 1%, the report said.

OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market

The exchange is the first to go live with dirham banking integration and a dirham-denominated order book, Rifad Mahasneh, general manager for the Middle East, told CoinDesk.

State Street Works on Tokenized Bond and Money Market Fund; No ‘Current Plans’ for Stablecoin Project

Tokenized collateral could have helped avoid the 2022 "liability-driven" crisis, said Donna Milrod, chief product officer, in an interview with Financial News.

Bitcoin Prices Show Positive 30-Day Correlation With China’s Central Bank Balance Sheet

“The new inflow of cash could indirectly push up the price of bitcoin, particularly in the long term perspective,” one analyst said.

Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection

Veri from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid küresel monetary easing. PLUS:...

Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform

Visa's new Platform will enable the development of fiat-backed tokens powered by smart contracts.

Bitcoin Little Changed as China Announces Stimulus; Traders Say Harris’ Win Unlikely to be Bearish

People’s Bank of China governor Pan Gongsheng announced a cut to the amount of money banks must hold in reserve, taking it to the lowest level since 2020.

Germany’s DZ Bank to Offer Customers Crypto Trading Through Boerse Stuttgart Tie Up

The first banks will be connected this year, with a phased roll out for selected retail customers.

Three Ways DeFi Will Revolutionize Financial Services

DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra.