Banking

Digital Asset Platform SEBA Bank Raises $119M for Global Expansion
The Series C funding round was co-led by DeFi Technologies and included participation from Alameda Research.

Arab Bank Switzerland Is Quietly Getting Into DeFi
The Swiss sister entity to Jordan-based Arab Bank is offering clients access to AAVE, COMP, UNI and more.

10 2022 Predictions From PwC’s Henri Arslanian
El Salvador. The metaverse. Web 3 catalysts. Ethereum’s future.

Customers Bank Updates Logo, Details CBIT Token in Push for Crypto Clients
The small U.S. bank has given its image a digital revamp in line with a new focus.

Germany’s Savings Banks Could Introduce Crypto Trading Next Year: Report
The network of around 400 savings banks across Germany will vote on whether to proceed with the project early in 2022.

Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain
The banking giants will use a blockchain product to settle U.S. dollar, Canadian dollar, pound and euro transactions.

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.

