Banking
Binance.US Joins SEN, Silvergate’s 24/7 Crypto Trading Club
Binance.US has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network operated by Silvergate Bank.
SoFi Receives Conditional US Regulatory Approval to Establish National Bank
The approval, if made final, opens the door for the new bank to custody cryptocurrencies.
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.
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.
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.
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.
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.
Signature Bank Gains $1B Deposits in Q3, With Notable Growth From Stablecoin Issuers
Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020.
Around 100 Italian Banks Are Officially on a Blockchain
The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes.
JPMorgan's Blockchain Lead Is Now in Charge of Ethereum-Based Interbank Information Network
JPMorgan Blockchain Lead Christine Moy has been promoted to lead the bank’s Ethereum-based Interbank Information Network (INN).
