Tag: bank

Nov 24 2021

OCC Issues Regulatory Clarity For Banks, Here’s How It Aligns With International Regulations

The Office of the Comptroller of the Currency (OCC) has today published a clarifying letter to banks and federal savings associations. As stated in the letter, these concerned parties must demonstrate that they have absolute controls before engaging in any crypto-based activities. Regulatory Clarity For Banks Speaking about the regulatory clarity, the Acting Comptroller of The post OCC Issues Regulatory Clarity For Banks,...

Nov 23 2021

Citi Set To Expand Digital Assets Division With 100 New Hires

Multinational bank Citi is on a hiring spree to expand its blockchain and digital assets division. The company first launched its digital assets division in June this year. Now, it plans to grow the division by hiring 100 new people. Related Reading | Why Citi Is “Slowly” Building A Crypto Infrastructure, CEO...

Oct 05 2021

US Bank to Offer Bitcoin Custody Services

The fifth-biggest bank in the country will offer the service to the fund managers in a first instance.

Sep 07 2021

BBVA Switzerland Launches Crypto Wallet and Investment Offerings for Retail Investors

Sep 07 2021 Published at Bitcoinist.com under tags  bank bbva bitcoin companies crypto

Earlier this week, multinational banking giant Banco Bilbao Vizcaya Argentaria (BBVA) launched its latest digital investment account, featuring an integrated cryptocurrency wallet. The move to add a digital crypto wallet is an extension of the custody and trading services the bank began experimenting with earlier in June. To access the so-called “New Gen” account service,...

Jun 11 2021

Jun 01 2021

Asia’s Banking Giant DBS Launches Blockchain Bonds

The Singapore-based bank is planning to expand its Security Token Offerings.

May 30 2021

Belgium Local Bank Could Launch a Crypto Token

May 30 2021 Published at UseTheBitcoin under tags  bank belgium breaking crypto news kbc

According to some media outlets, it might be possible for KBC, one of the largest banks in Belgium, to launch a crypto token. Over the last years, several […]

Mar 26 2021

Avanti Raises $37 Million to Launch a Cryptocurrency Bank

The company has raised a total of approximately $44 million since its inception.

Mar 09 2021

222-Year-Old German Private Bank to Offer Crypto Services ‘Soon’

The bank has plans to integrate many blockchain-based services into its offerings.

Feb 26 2021

Anchorage Secures $80 Million Series C Funding

The company is planning to expand its crypto services with the latest investment.

Feb 11 2021

BNY Mellon Offers Bitcoin Custody, Says Crypto Is “Mainstream”

Feb 11 2021 Published at Crypto Briefing under tags  adoption bank banking bitcoin bny mellon

The oldest bank in the US, BNY Mellon, will offer Bitcoin custody to its clients after stating that digital assets are seeing widespread adoption. BNY Mellon Adopts Bitcoin BNY Mellon works with Bakkt, the crypto futures platform owned by the NYSE operator, to secure crypto assets. On Thursday, the bank...

Feb 03 2021

Visa to Allow Cryptocurrency Purchases at U.S. Banks

Feb 03 2021 Published at Crypto Briefing under tags  bank bitcoin business crypto visa

Visa has partnered with Anchorage, the first federally chartered crypto bank. The credit card giant will launch a new initiative to enable the purchase and sale of Bitcoin and other cryptocurrencies at traditional...

Jan 22 2021

The ECB Is Working on Launching the Digital Euro

Digitalization, especially in the finance sector, is gaining traction all over the globe. People are turning to digital ways of carrying out transactions as opposed to conventional methods. Not to be left out, the European Central Bank (ECB) has disclosed plans to launch the digital euro. Notably, it would only function as a digital...

Dec 29 2020

Vauld Raises $2 Million to Become a Crypto Bank

The startup wants to approach regulators in Singapore and the UK for banking licenses.

Dec 15 2020

Italy’s Leading Private Bank Plans to Start Crypto Services

Banca Generali has entered the crypto world with the acquisition of a $14 million minority stake in Bitcoin wallet Conio.

Nov 06 2020

Sygnum Bank Enters Crypto Staking, Offers Stake Rewards for Tezos

The crypto bank now offers its clients up to 5% annual rewards for staking Tezos (XTZ).

Oct 30 2020

Switzerland’s GazpromBank Receives FINMA’s Approval To Provide Crypto Custody Services

Oct 30 2020 Published at Coingape under tags  bank btceur btcusd crypto custody services finma

A fully owned subsidiary of the private Russia-based Gazprombank (JSC) bank has received regulatory approval for rolling out institutional cryptocurrency services in Switzerland. According to the official...

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