Crypto Banks Are One Step Closer to Reality Under New Fed Guidance.

The Federal Reserve published guidance detailing how crypto banks can secure master account access, something several have wanted for over a year. While the guidance stops short of true transparency, potential applicants now have a roadmap of sorts they can follow, while the Fed has indicated that it is indeed open to letting crypto companies (and other novel entities) access global payments rails. origin »

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DBS says Bitcoin buy orders quadrupled despite crypto sell-off.

DBS Digital Exchange, the members-only brokerage arm of Singapore-based BDS bank, reported huge increases in the amounts of crypto trades for its clients in June, up from figures seen in April. The platform, which launched in December 2020, revealed that despite the massive price crash in the second quarter, buy volumes spiked to account for […] The post DBS says Bitcoin buy orders quadrupled despite crypto sell-off appeared first on Invezz. origin »

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