Crypto bank Avanti has raised an angel round from the University of Wyoming Foundation, Anthony Pompliano’s Morgan Creek Digital and other investors.
Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.
The U.S. banking giant is providing deposit and withdrawal transactions for the exchanges' U.S. users, as well as other services.
RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet.
A delay in transposing the EU's 5AMLD into local law has given crypto companies no recourse after Irish banks closed their accounts.
Are stablecoins fully backed by reserves? Are they FDIC-insured? Stablecoins may be too good to be true, says our columnist.
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday.
Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020.
The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts.
Coinhouse's new status with the Financial Markets Authority should help the firm get banking services in France and bigger institutional clients.
Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens.
HSBC is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them.
The challenger bank reportedly has plans to offer its crypto buying service to US customers in the near future.
Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane.