Banks

Stablecoins

One of the World’s Oldest Banks Is Issuing a Euro Stablecoin on Stellar

Germany’s Bankhaus von der Heydt is working with Bitbond for the first direct issuance of a stablecoin by a bank on Stellar, the firms said.

Business  ·  9 December 2020
CoinFlash

Private German Bank to Launch Cryptocurrency Fund

Hauck & Aufhauser is launching a cryptocurrency fund in January 2021.

Business  ·  3 December 2020
Banks

Banks Need to Adopt Crypto, Now

Resistance is futile and the time for doing nothing with crypto was two years ago, not today, says our columnist.

Business  ·  1 December 2020
Exchanges

Belarus Bank to Offer Bitcoin Purchases, With Litecoin and Ether Coming Soon

A Belarusian bank is launching a bitcoin buying service via bank cards for citizens of Belarus and Russia.

Business  ·  16 November 2020
Banks

Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report

Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility.

News  ·  13 November 2020
Banks

Major Spanish Firms Including Santander Unveil Blockchain Identity Project

A group of Spanish companies, including banks and energy firms, is working to develop a "self-managed" digital identity system using blockchain technology.

Tech  ·  5 November 2020
Banks

JPMorgan’s ‘JPM Coin’ Is Live, Execs Say

A major tech firm is about to start using JPM Coin in global payments, as the investment bank doubles down on its blockchain business.

Business  ·  27 October 2020
Exchanges

DBS Bank Is Planning to Launch a Digital Asset Exchange

DBS is planning to launch an exchange for trading bitcoin and other cryptocurrencies, the bank told CoinDesk.

Markets  ·  27 October 2020
Banks

Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe

A Puerto Rico-based bank founded by long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion.

Policy & regulation  ·  19 October 2020
Exchanges

Meet in the Middle: Crypto Companies and Banks Are Evolving Together

Kraken’s move to become a bank in Wyoming is more about getting traditional finance to adapt to the crypto industry than the other way around.

Markets  ·  20 September 2020
Bitcoin

Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist

When it comes to bitcoin, Singapore's DBS Bank sees a "pandemic-led acceleration of adoption."

Business  ·  10 September 2020
Coinbase

US Regulator to Shake Up Banking With Federal Charters for Payment Firms

Acting Comptroller of Currency (and former Coinbase exec) Brian Brooks is spearheading the move to let payment firms operate as banks across state lines.

News  ·  1 September 2020
Russia

Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loan

Expobank has issued its first loan using WAVES tokens as collateral – the bank are now estimating what future demand could be.

Business  ·  19 August 2020
Banks

Following OCC Letter, Some US Banks Appear Open to Providing Crypto Services

Nationally regulated banks want the OCC to clarify just how and when they can provide cryptocurrency services, hinting traditional financial institutions are paying close attention to the space.

Policy & regulation  ·  11 August 2020
Banks

Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies

Users will now be able to buy and sell XLM on Revolut’s platform, the fintech firm announced Tuesday.

News  ·  27 July 2020