Singapore’s DBS Bank Enlists Nivaura’s ‘One-Click’ Blockchain Security Issuance

Nivaura is also launching the open-source GLML Foundation to help create automated tokenized securities.

Business  ·  28 June 2021

Citi Launches ‘Digital Assets Group’ Within Wealth Management Division

It’s the latest megabank to roll out crypto services to at least some of its customers.

Business  ·  24 June 2021

This NYDIG Partnership Could Bring Bitcoin to Your Local Credit Union

Up to 18.3 million Q2 customers will soon be able to buy, sell and hold bitcoin directly from their bank accounts.

Business  ·  24 June 2021

MoonPay Takes ‘Sizable’ Stake in Crypto Banking Provider BCB Group

Terms of the deal between the two London-based firms were not disclosed.

Business  ·  22 June 2021

Banks Edge Closer to Ethereum 2.0 Staking

Switzerland-based Sygnum Bank is helping institutional clients get staking rewards from the new Ethereum network. And they’re not alone.

Business  ·  16 June 2021

Texas State Regulator Greenlights Banks to Custody Crypto

A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.

Policy & regulation  ·  10 June 2021

State Street Bank Launches Cryptocurrency Division

State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more.

Business  ·  10 June 2021

Basel Committee Proposes Banks Set Aside Capital to Cover Bitcoin Exposure

The committee proposed splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not.

News  ·  10 June 2021

Anchorage to Offer Ethereum-Backed Loans Through BankProv

This is the first time Anchorage has extended ETH-backed loans through a traditional, FDIC-insured bank.

Business  ·  3 June 2021

UK’s Starling Bank to Lift Ban Blocking Payments to Crypto Exchanges in Three Weeks

The temporary ban was in response to concern about "high levels of suspected financial crime” associated with such payments.

News  ·  1 June 2021

What ING Bank Might Steal From DeFi

ING blockchain lead Mariana Gomez de la Villa said Ethereum’s composability could inform the next generation of banking services.

Business  ·  27 May 2021

Nebraska Legislature Approves Framework for Digital Asset Banks

If signed by the governor, the legislation would create a state charter for crypto banks.

Policy & regulation  ·  21 May 2021
Venture Capital

Diddy, Haddish, Durant Revealed as Investors in Crypto-Powered Banking App Eco

The finance app’s $26 million March round scored investments from athletes, A-listers and entertainers.

Business  ·  20 May 2021

Figure Raises $200M, Valuing Blockchain Mortgage Firm at $3.2B

The investment was led by 10T Holdings and Morgan Creek Capital Management and included contributions from new and existing investors.

Business  ·  20 May 2021

New OCC Chief Signals Greater Caution on Crypto

"We created an Office of Innovation, updated the framework for chartering national banks and trust companies, and interpreted crypto custody services as part of the business of banking. I have asked staff to review these actions," Acting Comptroller Michael Hsu said.

News  ·  18 May 2021