Category: Banking
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JPM Coin debut marks start of blockchain’s value-driven adoption cycle
Despite its centralized design, JPM Coin’s real life utilization represents a step toward the mainstream adoption of blockchain technology.
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Avanti Financial Joins Kraken as a Wyoming-Approved Crypto Bank
Blockchain pioneer Caitlin Long is now the CEO of her own special purpose depository institution (SPDI) in Wyoming.
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JPMorgan Invites Banks and Fintechs to Build on Its Revamped Blockchain Network
Liink wants its 400-plus financial institutions (including 25 of the largest 50 banks) to start building on top of the platform.
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Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company, but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash. DBS Bank Ltd is Southeast Asia’s largest bank in terms of…
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Indian bank to offer crypto services across its 34 branches
For the first time, Indians will be able to take out a loan against cryptocurrencies.
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Why Wyoming’s Governor Supports the State’s Crypto Banking Law
Keeping Wyoming’s lead in crypto banking is a priority of the state’s top elected official, Gov. Mark Gordon.
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Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers
Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020.
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How US authorities are using old AML tools to crack down on crypto
With new changes to the Travel Rule up for discussion and a bevy of new cases in the courts, it’s time to look at how U.S. AML law is shifting to cope with crypto.
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PayPal’s crypto integration means Bitcoin could triple its user base
PayPal’s crypto integration may bode well for Bitcoin price as its user base could triple
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Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody
A multinational payments firm is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets.