Banking
The Big Miss in the Biden Administration’s Stablecoin Report
We know that banks will not continue to rule the payments landscape. So why give them control over stablecoins?
Customers Bank Veers Into Crypto With Transfer Token, $1.5B in Crypto-Related Deposits
The Pennsylvania-based bank, 0.52% the size of JPMorgan, is making a a big play for business clients from the crypto sector.
Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
SCB paid $536.6 million for a 51% stake in Bitkub.
Trump Banking Regulator Determined Banks Should Be Allowed to Trade Crypto: Report
But the OCC staff’s ruling was never made public.
Bitcoin at Your Bank: NYDIG Names First 2 Firms to Roll Out BTC Buys
Five Star Bank and UNIFY Financial Credit Union will be the first to offer bitcoin services through NYDIG’s partnership with Q2.
Silvergate Capital 3Q EPS Beats Estimates; Digital Currency Deposits Grew to $11.2B
Digital currency customers grew to 1,305 from 928 in the year-earlier period.
Société Générale Shopping for Crypto Custodian: Sources
The French bank is said to be looking closely at a pair of Swiss firms.
El Salvador’s State-Owned Banco Hipotecario Taps Four Crypto Startups for Blockchain Products
The four-member alliance is already working on products to boost financial inclusion with bitcoin in the Central American country.
Proposed Bank Jewel Wants to Become a Global Stablecoin Issuer, With Bermuda’s OK
The bank submitted an application for a combined banking and digital asset license earlier this year.
