Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday.
Crypto lender BlockFi now supports cash deposits.
The platform will use blockchain to automatically input payments data into bank records.
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies.
Binance has launched a direct channel integration with Istanbul-based Akbank, allowing users to deposit Turkish lira to their exchange accounts.
A Wyoming corporation founded by Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking.
Morgan Stanley is acquiring E*Trade for $13 billion, hoping to target its 5.2 million-strong client base.
Santander's new hire, Trish Burgess, formerly helped lead the launches of Apple Card and Apple Pay.
One of the oldest banks in Europe, von der Heydt, is developing a euro stablecoin to facilitate private placements in securities tokenized on the Stellar blockchain.
DAG Global says it's had no "red flags" raised in discussions with British financial regulators.
The exchange will use Prime Trust for compliance checks as well as custody for fiat and cold storage for crypto.
The La Jolla, Calif.-based bank, which went public on the New York Stock Exchange under the trading symbol SI in November, released its earnings report before market open on Wednesday.
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town.
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets.
An emerging trend in wealth-stashing Switzerland: crypto-friendly banks.