Banks

CoinFlash

Swiss Private Bank Bordier & Cie Launches Crypto Trading for Clients

Bordier & Cie clients will be able to buy, hold and trade digital assets such as bitcoin, ethereum, bitcoin cash and tezos.

Business  ·  24 February 2021
CoinFlash

Russia’s Digital Ruble Model to Get Bank-Friendly Redesign

Banks had feared being drained of liquidity under the original concept for the digital currency.

Policy & regulation  ·  18 February 2021
Australia

IBM, Top Australian Banks Execute Country’s First Blockchain Bank Guarantee

By digitizing the normally paper process, the Lygos joint venture says it's shown it can speed up bank guarantee issuances.

Business  ·  10 February 2021
Newsletters

Blockchain Bites: The Weird and Wonderful in Crypto This Week

Also: Ether is jumping off, taking DeFi tokens with it.

News  ·  5 February 2021
CoinFlash

Bank of Singapore Says Crypto Could Replace Gold as Store of Value

Cryptocurrencies need to overcome a number of hurdles first, though, according to a research note.

Markets  ·  25 January 2021
Tether

Tether’s Bank Deltec Says Stablecoin Is Fully Backed by Reserves

"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.

Business  ·  22 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
CoinFlash

Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures

The trader operating a registered digital currency exchange, says he is unable to continue operating without banking services.

Policy & regulation  ·  18 January 2021
Banks

Crypto Markets Jump on OCC Approval for Banks to Use Blockchains

The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains.

Markets  ·  5 January 2021
Stablecoins

US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins

Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.

Policy & regulation  ·  4 January 2021
Banks

Puerto Rico-Based FV Bank to Offer Regulated Crypto Custody in the US

FV Bank says it has received permission from a Puerto Rico banking regulator to provide custody services for bitcoin, ether and more in the U.S.

Business  ·  21 December 2020
Stablecoins

SatoshiPay to Become First User of German Bank’s Euro Stablecoin

Bankhaus von der Heydt partnered with Bitbond to launch its euro-backed stablecoin on Stellar last week.

Business  ·  15 December 2020
Stablecoins

OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers

The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers as well as to the firms themselves.

News  ·  15 December 2020
Exchanges

India’s Banks Are Once More Serving Crypto Traders and Exchanges

Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed.

Business  ·  11 December 2020
Exchanges

DBS Bank’s Digital Exchange to Begin Trading Crypto ‘Next Week’

The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange.

Business  ·  10 December 2020