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PayPal Partner Paxos Obtains Federal Bank Charter from OCC
Paxos is the latest company to obtain preliminary conditional approval from the U. S. Office of the Comptroller of the Currency (OCC) to establish a de novo National Trust Bank. This is the third such charter issued by the OCC, the top banking regulator, to a crypto native company. дальше »
2021-4-24 18:00 | |
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Paxos receives ‘preliminary conditional approval’ for US bank charter
The stablecoin issuer has nabbed a banking license, but it doesn't mean they'll be doing any banking in the traditional sense. дальше »
2021-4-24 00:37 | |
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China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week
A rare seal of approval from the People's Bank of China comes as Bitcoin recovers from a price crash which sent it to $52,000.
дальше »2021-4-19 12:23 | |
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Blockchain Bank Protego Becomes the Second OCC-approved National Crypto Custodian
The first and only Washington-chartered digital assets company Protego Trust Bank will become the second digital asset bank in the US to receive conditional approval from the Office of the Comptroller of the Currency (OCC) to custody digital assets for institutional clients. дальше »
2021-2-6 14:09 | |
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Bitcoin and How Crypto will Transform the Financial World
On January 13, 2021, the US Office of the Comptroller of the Currency (OCC) announced that it had given conditional approval to Anchorage Trust Company, a chartered trust firm, to become Anchorage Digital Bank. дальше »
2021-1-27 12:00 | |
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Russia’s State-Owned Bank, Sberbank, Files Papers to Launch Blockchain Platform for Stablecoin
According to local reports, Russia’s largest state-owned bank filed an application to the Central Bank of the Russian Federation seeking approval for its blockchain underlying its stablecoin, Sbercoin. дальше »
2021-1-23 22:07 | |
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Anchorage Obtains Federal License to Operate as Crypto Bank
The U. S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. дальше »
2021-1-15 09:30 | |
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Anchorage gets OCC’s approval to operate as a national crypto bank
The Office of the Comptroller of the Currency (OCC) has granted Anchorage a federal charter to operate as a national crypto bank. This news was shared on January 13 through a press release, noting that the OCC made this decision after a thorough review of Anchorage Trust Company and its operations. дальше »
2021-1-15 21:16 | |
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Anchorage Becomes the First Digital Bank to Function As a Traditional Bank
Cryptocurrency startup Anchorage Hold LLC has received conditional approval from the US currency control office to become an official federal government bank. Qualified Custodian for Institutional Investors Anchorage, now officially known as the National Association of Anchorage Digital Bank, was the first cryptocurrency company to receive the Bundesbank charter. It is an essential milestone inRead More дальше »
2021-1-14 20:00 | |
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Bitcoin News Roundup for Jan. 14, 2021
With bitcoin bouncing back up and approval of the first federally chartered crypto bank, CoinDesk’s Market’s Daily is back with the latest crypto news roundup. дальше »
2021-1-14 20:00 | |
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Paxos seeks approval to become fully-regulated crypto bank
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at both state and federal levels. дальше »
2020-12-11 07:17 | |
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OKCoin Announces 5X Referral Reward for Netherlands Customers as Part of Continued European Expansion
OKCoin, the global, regulated fiat-focused crypto asset exchange, is today celebrating continued expansion in Europe in anticipation of regulatory approval from the Dutch Central Bank... дальше »
2020-11-7 19:21 | |
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Switzerland: Major Russian Bank Gets Crypto Custody Approval from FINMA
Major private-owned Russian bank is going all-in on Bitcoin. Gazprombank Bets Big on Bitcoin In a major bullish development for the wider cryptocurrency market, major private-owned Russian bank Gazprombank recently received the regulatory green light to launch cryptocurrency custody services via its Swiss subsidiary. дальше »
2020-11-1 02:00 | |
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Avanti Becomes The Second Bitcoin Bank In U.S. After Earning Approval From Wyoming State Regulators
Avanti has received a banking charter from Wyoming state regulators to provide cryptocurrency banking services to its customers. This comes just a month after Kraken received the legal go-ahead for its cryptocurrency bank. дальше »
2020-10-30 21:29 | |
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Avanti Becomes Latest Crypto Startup to Win Bank Charter in Wyoming
Wyoming’s profile as a crypto-friendly state is on the rise. Avanti has received unanimous approval for a bank charter by the Wyoming State Banking Board in an 8-0 vote. Avanti joins Kraken Financial in Cheyenne, Wyo. дальше »
2020-10-29 01:45 | |
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Kraken Financial CEO Explains the Ins and Outs of the First Crypto Bank
On Sept. 16, Kraken announced that it had attained regulatory approval to form the world’s first fully regulated crypto bank. The new entity, which will be called Kraken Financial, will be a Special Purpose Depository Institution based in the U. дальше »
2020-9-19 17:31 | |
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Bankia and Caixabank Decide to Merge: Spain on Verge of Getting New MegaBank
Coinspeaker Bankia and Caixabank Decide to Merge: Spain on Verge of Getting New MegaBankCaixabank and Bankia will form a megabank to become the leading bank in Spain. The details of the deal include the approval of Caixabank shares to Bankia shares at an exchange rate of 0. дальше »
2020-9-19 17:23 | |
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Crypto exchange Kraken gets Wyoming bank charter approval
Kraken, the popular crypto exchange, today announced that the State of Wyoming has approved its application to form the world’s first Special Purpose Depository Institution (SPDI). Tentatively called Kraken Financial, the institution will enable clients in the U. дальше »
2020-9-17 19:40 | |
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Kraken Gets Approval in Wyoming to Become America’s First Crypto Bank
Cryptocurrency exchange Kraken has obtained approval from the crypto-friendly State of Wyoming to create the world’s first Special Purpose Depository Institution (SPDI), tentatively called Kraken Financial. дальше »
2020-9-17 18:50 | |
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Kraken Granted Approval for “America’s First Crypto Bank”
Crypto exchange Kraken has received regulatory approval to form the world’s first fully regulated crypto bank in the U. S. state of Wyoming. In an announcement early on Wed 16 Sep. , Kraken revealed that the new institution, tentatively called Kraken Financial, will be a Special Purpose Depository Institution (SPDI). дальше »
2020-9-17 17:52 | |
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Swiss crypto bank Sygnum scores approval for digital asset trading
The digital Swiss franc issuer is now licensed as a "digital asset trading facility."
дальше »2020-9-2 16:07 | |
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Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid unprecedented economic contraction. дальше »
2020-7-8 21:25 | |
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AXP Stock Up Nearly 2% as American Express Got Approval to Start Card Network in China
Coinspeaker AXP Stock Up Nearly 2% as American Express Got Approval to Start Card Network in ChinaPeople's Bank of China gave American Express the green light to start operating a card-clearing network that will process transactions in yuan. дальше »
2020-6-16 21:12 | |
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Caitlin Long’s Crypto Bank Avanti Raises $5M, Marking An Important Milestone Towards Banking Charter Approval
The Avanti Financial group has announced the end of its funding round, having raised close to $5 million in angel investor funding, marking milestones in their journey towards obtaining a banking charter. дальше »
2020-6-4 22:35 | |
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2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval
Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a range of crypto services. дальше »
2020-6-3 10:02 | |
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Singapore: DBS Bank Embraces Contour Trade Finance Blockchain to Digitize Banking Operations
Singapore-based DBS bank has joined blockchain-powered trade finance network Contour for increased digitization of global trade processes including the creation, exchange, approval, and issuance of letters of credit (LCs). дальше »
2020-5-12 15:00 | |
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Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on its application. дальше »
2020-3-28 11:30 | |
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Jack Dorsey’s Square Gains ‘Conditional Approval’ From FDIC To Launch A Bank In 2021
Square, a financial service and merchant aggregator, received a formal conditional approval from the Financial Depository Insurance Corporation (FDIC) to launch its bank, Square Financial Service. The bank is chartered as an Industrial Loa Company (ILC) with a prospective launch date in 2021 to be announced. дальше »
2020-3-19 18:00 | |
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Bitcoin-Friendly Square Obtains Conditional FDIC Merchant Lending License
The U. S. Federal Deposit Insurance Corporation (FDIC) has granted conditional approval for Square to function as an Industrial Loan Company (ILC). FDIC Grants Square’s Deposit Insurance Application According to a press release issued on Wednesday (March 18, 2020), the FDIC Board approved Square’s deposit insurance application to create a “de novo industrial bank. дальше »
2020-3-19 16:00 | |
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A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect
Vladimir Potanin, one of the richest individuals in Russia and the CEO of metal conglomerate Norilsk Nickel, received approval from the Central Bank of Russia to operate a cryptocurrency. A central bank-approved cryptocurrency According to The Moscow Times, Potanin stated that the central bank has given the company the approval it needs to operate the […] The post A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect appeared first on CryptoSlate. дальше »
2020-3-1 22:14 | |
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Blockchain Advocate Caitlin Long To Bring First Digital Asset Focused Bank To Wyoming
A Wyoming company that was founded by Wall Street and blockchain legislative champion Caitlin Long is applying for a banking state division special purpose depository institution (SPDI) approval. Caitlin Long announced on Monday that the bank is going to be called Avanti. дальше »
2020-2-25 20:51 | |
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Walmart’s coin could gain approval from regulators easier than Libra, says top investment bank
Walmart’s prospective USD-backed stablecoin should be looked upon more favorably by regulators than Facebook’s Libra, according to U. S. investment banking and financial services company, Cowen, Bloomberg reported. дальше »
2019-8-6 12:57 | |
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Blockchain Fintech Firm Bitt Digital Finally Gets Approval from Barbados Central Bank
After an 8-month long review, Bitt Digital Inc. has finally exited the rigorous Regulatory Sandbox of the Central Bank of Barbados and the Financial Services Commission. The process was successfully completed on July 5, 2019, making the company the first to achieve this almost insurmountable feat. Part of the tests offered by the Sandbox to […] дальше »
2019-7-16 18:50 | |
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Tritaurian Capital gets approval of license for private placements of digital securities
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceTritaurian Capital, a FINRA registered investment bank providing specialized private placement financing and mergers and acquisitions advisory, has announced that it believes it has become the first non-ATS U. дальше »
2019-7-13 19:56 | |
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JP Morgan claims big institutions are hot for its (non-)cryptocurrency
Despite dividing opinions earlier this year with its “cryptocurrency” JPM Coin, American bank JP Morgan is rolling out its blockchain-based tech to more clients. JP Morgan says potential clients from the US, Europe, and Japan are interested in using its digital coin to speed up securities trading, Bloomberg reports. дальше »
2019-6-25 15:41 | |
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New Central Bank Of Egypt (CBE) Law To License Crypto Trading And Issuing Business Activities
Egyptian Bill To License Crypto-Trading, Activities Through Central Bank underway The Central Bank of Egypt (CBE) is keen to start regulating the cryptocurrency sphere in the country. Local media reported that the draft of the bill proposes a license policy for all major cryptocurrency related activities within Egypt. The bill currently in the approval process […] дальше »
2019-5-28 21:07 | |
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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem
Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server). дальше »
2019-4-12 22:03 | |
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KTB, Shwebank and Everex receive Bank of Thailand approval for blockchain remittance
CryptoNinjas It was announced earlier this month that the Central bank governors of Thailand and Myanmar endorsed the “Krungthai and Shwe Remittance“ project, powered by blockchain based payment company Everex. дальше »
2019-4-9 21:31 | |
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Cryptocurrency Adoption Grows Beyond ‘Bitcoin City’ in Slovenia and Croatia
The number of stores that accept cryptocurrencies is rising in Slovenia and Croatia. Starting with merchants in one of the largest shopping and entertainment complexes in Europe, Elipay has now integrated with 300 stores in Slovenia and begun expanding into Croatia following approval by the country’s central bank. дальше »
2019-4-6 15:50 | |
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World Bank gives Approval for use of Ripple’s xRapid for its Quick Funds Transfer Feature
Ripple’s payment tool xRapid has attained another milestone as the World Bank has approved it for quick funds transfer. World Bank had tested xRapid in 2018 and approved it for quick funds transfer because of the near-instant payments facilitated by the platform. дальше »
2019-3-30 19:09 | |
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BOE Senior Adviser: Cryptocurrencies Fail Fundamental Financial Services Tests
The emerging cryptocurrency sector – still fighting for worldwide approval from regulators, politicians, and financiers – got a mild kick in the back when Huw van Steenis, senior adviser to Mark Carney, the governor of the Bank of England (BoE) said cryptocurrencies fail fundamental tests of financial services. дальше »
2019-1-21 20:04 | |
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