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US Banks Can Now Provide Custody Services For Crypto Assets – Here’s Why Bitcoin Hodlers Are Worried
It has been a long time coming, but US banks will finally be allowed to offer custodial services to clients. The Office of the Comptroller of the Currency has just announced that any American bank can hold digits assets for its customers. дальше »
2020-7-23 00:48 | |
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US Regulator, OCC, Authorizes National Banks and Federal Saving Institutions as Crypto Custodians
U.S. regulator, the Office of the Comptroller of Currency (OCC), allows federal banks and national savings institutions to officially custody cryptocurrencies for their customers. The statement released on July 22, confirms that any national bank or savings facility can now hold on to unique cryptographic keys of cryptocurrencies in their vaults pertaining to custody services. […] дальше »
2020-7-22 21:40 | |
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As US Banks Running Out of Coins Bitcoin Keeps On Chugging Along
A U.S. bank is offering its customers a 5% bonus for delivering coins to one of its branches while Bitcoin has quadrillions of Satoshis to spare. дальше »
2020-7-21 01:00 | |
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Wells Fargo Allegedly Shutters Zelle in Venezuela, Driving Crypto Adoption
Wells Fargo Bank will allegedly cease offering its Venezuelan customers access to the cash transfer service Zelle. The move was made public via Twitter by user @ernestocontrer: So why are @Dashpay and #cryptos welcomed in #Venezuela?Among other things, Venezuelans have almost no options to move our money. дальше »
2020-6-6 00:10 | |
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JPM Subsidiary Chase Bank Will Refund Crypto Users $2.5 Million
Chase Bank, a subsidiary of JP Morgan, has agreed to return $2.5 million of overcharged fees related to cryptocurrency transactions. Chase Bank Lawsuit Has Concluded The decision to repay customers... The post JPM Subsidiary Chase Bank Will Refund Crypto Users $2.5 Million appeared first on Crypto Briefing. дальше »
2020-6-2 08:55 | |
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JPMorgan to Pay $2.5 Million to Settle Crypto Fees Lawsuit for Overcharging
Coinspeaker JPMorgan to Pay $2. 5 Million to Settle Crypto Fees Lawsuit for OverchargingJPMorgan Chase was accused of charging massive fees and higher interest through cash advances on customers' crypto purchases using the Chase Bank credit cards. дальше »
2020-6-1 10:54 | |
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Switzerland: FINMA Approves InCore Bank to Carry Out Cryptocurrency Transactions
Swiss financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA) has given the go-ahead to InCore bank to engage in digital asset transactions, the bank announced recently. FINMA Approves InCore Bank for Cryptocurrency Transactions Swiss regulators continue to make crypto-banking services easily-accessible for customers as according to a recent development, the FINMA has given theRead MoreRead More. дальше »
2020-5-31 15:00 | |
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JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees
JPMorgan Chase has reportedly agreed to pay $2. 5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. дальше »
2020-5-29 00:15 | |
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RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing in cryptocurrencies. дальше »
2020-5-27 13:15 | |
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JP Morgan Adds Coinbase, Gemini Crypto Exchanges To Its Customer Network; No Crypto, Fiat Only
JP Morgan adds Coinbase and Gemini as customers One of Wall Street’s largest banking facilities, JP Morgan, is finally accepting crypto customers according to a post by WSJ. The bank is set to provide cash management services to U. дальше »
2020-5-13 15:59 | |
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Биткоин-биржа Bitstamp внедрила блокчейн-решение Signet для институционалов
Старейшая европейская криптобиржа Bitstamp сообщила об интеграции ориентированной на институциональных пользователей платформы цифровых платежей Signet от Signature Bank. SIGNET: Bitstamp has become the first crypto exchange to integrate Signet™, Signature Bank’s digital payments platform used by institutional customers to transfer USD in real-time, 24/7. дальше »
2020-5-7 20:33 | |
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Digital Asset Infrastructure Firm Taurus Raises $11M From Arab Bank Switzerland, Tezos
Taurus Group has secured more than €10 million in an Arab Bank Switzerland-led Series A funding round in a resoundingly successful bid to expand. Back in September 2019, the digital assets firm and Arab Bank Switzerland closed a partnership to offer the bank’s customers Bitcoin (BTC) and Ether (ETH) brokerage and custody services. It has […] дальше »
2020-4-30 23:24 | |
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Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday. дальше »
2020-4-29 16:23 | |
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Ripple Granted Exemption From Holding A License In Singapore Thanks To Its Frictionless Remittance Solutions
Ripple’s payment solutions have gained traction in recent days as more customers leverage the solutions to power fast payments worldwide. These remittance solutions have earned Ripple recognition from the US Congress, traditional banking institutions like Bank of America and also the Monetary Authority of Singapore (MAS). дальше »
2020-4-16 14:49 | |
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1.2 Million Italians Can Now Buy Bitcoin From Their Bank
Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech startup Conio, enabling customers to buy, sell, and securely store BTC from within their banking app. дальше »
2020-3-22 13:12 | |
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Italian Bank Opens Bitcoin Trading Platform, Coronavirus Death Toll in Italy Tops China
Coinspeaker Italian Bank Opens Bitcoin Trading Platform, Coronavirus Death Toll in Italy Tops ChinaItalian bank Banca Sella is now offering its 1. 2 million customers the ability to trade Bitcoin through their accounts, using a platform called Hype platform. дальше »
2020-3-20 22:08 | |
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Zabo Raises $2.5M From Moonshots Capital, Tezos To Bring Crypto Into The Mainstream
The crypto software company Zabo, which claims to directly connect bank accounts and crypto wallets, has just raised $2. 5 million in funding so that it can start adding new customers and building its engineering team. дальше »
2020-3-6 22:06 | |
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Binance Announces ‘First Bank Channel Integration’ With the Biggest Bank in Turkey for Direct Lira Transactions
Major digital asset exchange platform Binance has announced it has integrated with a commercial bank for the first time ever. Akbank, a major Turkish bank, will now allow seamless transactions for customers of the crypto exchange, using the Turkish Lira (TRY). дальше »
2020-3-4 15:04 | |
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Dharma Now Offers Instant Deposit and Withdrawal via Wyre to its US Customers
Dharma, a crypto bank that does everything a normal bank does but isn't a bank, is now proposing “the easiest way to save in DeFi. ” Starting today, all of Dharma's US users can instantly deposit via debit card and withdraw to their bank account, 24/7/365. дальше »
2020-2-13 22:23 | |
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Crypto-Friendly Digital Bank Leaves UK Over Brexit
The digital bank N26 has stopped its operations in the United Kingdom for the time being over legal concerns regarding Brexit. N26 is among the largest digital banks, but UK customers will soon find that its services have been terminated. дальше »
2020-2-12 19:10 | |
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DeFi Player Dharma On-Boards American Users with Wyre
DeFi player Dharma has just announced that its U.S. customers can deposit and withdraw money between their legacy bank account and their Dharma account. Dharma Is Bringing Banking Back The...The post DeFi Player Dharma On-Boards American Users with Wyre appeared first on Crypto Briefing. дальше »
2020-2-13 13:13 | |
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Citigroup Joins the Big 6 with Its Robo-Advisor, It Will Be Free for Some Customers
Coinspeaker Citigroup Joins the Big 6 with Its Robo-Advisor, It Will Be Free for Some CustomersCitigroup is one of the biggest six U. S. banks that decided to have a robo-advisor. In the case of Citigroup, it will be free for customers with at least $50,000 in investments or deposits at the bank. дальше »
2020-2-1 21:12 | |
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US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector
Financial results released by two U. S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. дальше »
2020-1-31 12:00 | |
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Silvergate Bank Closes Out 2019 WIth Over 800 Crypto-Related Clients Despite Down Q4
One of the most crypto-friendly banks in the US, Silvergate, added 48 clients that use cryptocurrencies, in Q4 of 2019. In a published report, this week on Silvergate's earnings shows a 4% decrease in the deposits from their crypto customers, even though the La Jolla California-based bank managed to add almost fifty new crypto clients […] дальше »
2020-1-30 00:38 | |
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Largest Australian bitcoin exchange BTC Markets appoints new CEO
BTC Markets, the largest, most liquid Australian bitcoin exchange with 260,000 Australian customers trading more than AU$8 billion, today announced the appointment of Caroline Bowler as CEO. Interest is growing in the sector with the recent Reserve Bank of Australia announcement on their simulated trials of a Central Bank Digital Currency (CBDC). дальше »
2020-1-29 12:54 | |
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Nedbank Not Looking to Shut Down Crypto Exchange Bank Accounts
Contrary to reports, prominent South African bank, Nedbank is not considering closing down accounts belonging to crypto exchanges in the country. Nedbank Not Taking New Digital Asset Exchange Customers According to South African crypto news outlet SACrypto, reports stating that Nedbank is planning to shut down bank accounts of crypto exchanges are false. дальше »
2020-1-26 14:00 | |
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Panic Withdrawals at Indian Bank Over Alarming KYC Notice
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts. дальше »
2020-1-24 14:30 | |
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Paxos Adds Auto-Conversion, Directly Swap Fiat To PAX or Binance USD (BUSD) Stablecoins
On Tuesday, Paxos announced the launching of a fresh feature which will enable customers to instantly wire transfer money from different deposit bank accounts directly to Paxos Standard as well as Binance USD. дальше »
2020-1-22 01:26 | |
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Wells Fargo Needs Tech Upgrade, Time to Partner With Ripple?
Wells Fargo customers are not satisfied with the bank’s old technologies and systems and call for an upgrade. Is it time to adopt blockchain-based solutions or distributed ledger systems like Ripple? While this might be the story of other US banks, Wells Fargo’s struggle is quite representative. дальше »
2020-1-15 01:30 | |
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Siam Commercial Bank Launches ‘SCB Easy’ that Runs on Ripple & Sends Money Within 40 Sec
Thailand’s oldest bank, Siam Commercial Bank (SCB) has taken to change the lives of over 16 million customers by launching SCB Easy, a mobile application that runs on Ripple to deliver instant and low-cost cross-border payments. дальше »
2020-1-9 17:59 | |
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An App for Millions That Runs on Ripple
Siam Commercial Bank (SCB) is on a mission to change the lives of their over 16 million customers. Thailand’s oldest bank has partnered with Ripple to help bring the company into the digital age and create SCB Easy—a mobile application that runs on Ripple to deliver instant, low-cost cross-border payments. дальше »
2020-1-10 22:08 | |
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An App For Millions That Runs on Ripple
Siam Commercial Bank (SCB) is on a mission to change the lives of their over 16 million customers. Thailand’s oldest bank has partnered with Ripple to help bring the company into the digital age and create SCB Easy—a mobile application that runs on Ripple to deliver instant, low-cost cross-border payments. дальше »
2020-1-9 22:08 | |
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When Will Fintech Firm Venmo and PNC Bank Settle their Scuffle
Customers of Pittsburgh, Pennsylvania based bank holding company and financial services corporation PNC are having a tough time. But why? It has become exceedingly difficult to connect bank accounts to popular payments app Venmo. дальше »
2019-12-15 23:23 | |
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Instilling trust in a decentralized financial infrastructure
By Vincent Chok & Glenn Woo Trust, in the traditional finance context, used to lie in the hands of people. For instance, customers would have a personal relationship with a bank manager, who would be entrusted with their assets, and in turn, would be trusted to take out a loan. дальше »
2019-12-12 12:11 | |
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