Banking
Germany's Crypto Custody Law Hits a Snag: Startups Can't Get Bank Accounts
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts.
Coinhouse Wins First Crypto License From French Regulator
Coinhouse's new status with the Financial Markets Authority should help the firm get banking services in France and bigger institutional clients.
R3 Teams With Custodian Hex Trust to Help Asian Banks Sell Security Tokens
Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens.
HSBC Puts $10B of Private Placements on R3's Corda Blockchain
HSBC is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them.
Crypto-Friendly Bank Revolut Launches in the US
The challenger bank reportedly has plans to offer its crypto buying service to US customers in the near future.
Silvergate Bank Resolves Wire Transfer Issue That Kept Transactions in Limbo
Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane.
Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending
Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday.
Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership
Crypto lender BlockFi now supports cash deposits.
Samsung to Target EU Payments Sector With Blockchain-Based Solution for Banks
The platform will use blockchain to automatically input payments data into bank records.
New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies.
