Banking

Coinbase

Coinbase Gave Silicon Valley Bank Stock Warrants for Access to USD Payments

The warrant, revealed in Coinbase's new prospectus, dates back to 2014, when banking was even harder for crypto firms to come by than today.

News  ·  25 February 2021
Banking

Anchorage, Newly Cleared as US Crypto Bank, Raises $80M From A16z and Others

The round in the crypto custodian was led by GIC, Singapore’s sovereign wealth fund.

Business  ·  25 February 2021
Banking

Blue Ridge Bank Shares Halted by NYSE After Bitcoin ATM Announcement

The stock jumped by more than 13% after news that Blue Ridge would let customers buy bitcoin through its ATMs.

News  ·  10 February 2021
Banking

Protego Becomes Second Crypto Firm to Win Bank Charter From OCC

The conditional approval from the U.S. banking regulator follows Anchorage's approval last month.

Business  ·  5 February 2021
Banking

Crypto Startup Metal Pay Files for National Bank Charter

Metal Pay's "First Blockchain Bank and Trust" would be FDIC-insured, CEO Marshall Hayner told CoinDesk.

News  ·  4 February 2021
Bitcoin

Visa Signals Further Crypto Ambitions With API Pilot for Bank Customers to Buy Bitcoin

Visa is working with Anchorage to allow customers at traditional banks to "buy and sell digital assets."

Business  ·  3 February 2021
Banking

Switzerland’s Crypto Broker AG Wins Securities House License From FINMA

Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser.

Business  ·  1 February 2021
Banking

Signature Bank Crosses $10B in Deposits From Crypto Customers

Signature's $10 billion in deposits from crypto businesses is now double that of rival Silvergate.

Business  ·  21 January 2021
Banking

Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4

These deposits are seen as a proxy for growth among crypto-industry clients.

Business  ·  21 January 2021
Banks

Silvergate Took Nearly $3B in Deposits From Digital Currency Customers in Q4 2020

The majority of the new deposits came from cryptocurrency exchange clients.

Business  ·  21 January 2021
Banking

OCC Chief Brian Brooks Is Stepping Down Thursday

Acting Comptroller of the Currency Brian Brooks will be stepping down on Jan. 14, he confirmed Wednesday.

Policy & regulation  ·  13 January 2021
Banking

Anchorage Becomes First OCC-Approved National Crypto Bank

The crypto industry has its first federally chartered bank: Anchorage.

Policy & regulation  ·  13 January 2021
Banking

NYDIG Taps Fintech Firm Moven to Bring Bitcoin to Your Bank

“If PayPal and Square can do it, then community banks should be able to do it, too,” said Moven founder Brett King.

Business  ·  12 January 2021
Funding Rounds

Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank

Vauld, formerly called Bank of Hodlers, raised $2 million in a round led by Pantera Capital to expand its crypto banking platform.

Business  ·  28 December 2020
Banking

The Big Banks Positioned to Ride Bitcoin’s Bull Run

Banks joined the crypto conversation as bitcoin marched to $20,000. Here's a list of recent crypto developments in the banking sector.

Business  ·  16 December 2020