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'World's First' Physical Crypto Banking Branch Opened in India + More News
30.12.2020
The "world's first physical crypto banking branch" in Jaipur, India. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Unicas, a joint venture between online crypto banking platform...
Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto Exchange
30.12.2020
A crypto bank has begun opening physical branches in India through a joint venture between Cashaa and United Multistate co-op society. Customers can open bank accounts, buy and sell cryptocurrencies, obtain crypto-backed loans, as well as learn about crypto. Crypto Bank Opens Physical Branches...
Brazilian Banking Boss Says Venezuelans Use Bitcoin & Alts as a ‘Vehicle’
29.12.2020
Source: Adobe/SPICA-VEGA PHOTO ART
A Brazilian banking association chief said that people are using crypto as a means of getting money out of Venezuela, circumventing American sanctions that have all but frozen Venezuelans out of the international banking system.
Per a report from the media outlet...
Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank
28.12.2020
Vauld, formerly called Bank of Hodlers, raised $2 million in a round led by Pantera Capital to expand its crypto banking platform
Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regulator Warns
26.12.2020
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change...
A storm is brewing between state regulators and the OCC over fintech licensing
23.12.2020
A major network of state banking regulators is renewing its attack on the OCC's moves to register non-depository institutions
Digital banking: How DeFi can lower costs for everyone
23.12.2020
There’s often talk about how decentralized finance could eliminate the need for traditional banks… but what if DeFi could enhance their digital services?
Spanish Banking Giant Prepared For Bitcoin, PayPal's BTC Game + More News
18.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Banking news
Spanish banking giant BBVA said that starting in January 2021, its unit in Switzerland will progressively launch a new service for...
Antier Solutions Expands Its Offerings With Crypto Friendly Banking Solutions Development
16.12.2020
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions...
Italian Insurance Giant Generali Gets Into Bitcoin via Banking Arm, Launching Crypto Custody Service
16.12.2020
Banca Generali, the banking arm of Italy’s largest insurance group, has announced that it will be offering cryptocurrency custody service to its customers beginning next year. To achieve this, the bank has acquired a stake in bitcoin wallet provider Conio. Assicurazioni Generali, Banca...
Italian Banking Giant Enters Bitcoin, Mt. Gox Rehabilitation + More News
15.12.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Banking news
Another banking giant has entered the crypto custody fray, with Italy’s Banca Generali set to offer bitcoin (BTC) custody to...
Banca Generali Leads $14M Round in Italian Crypto Custody Firm Conio
15.12.2020
Banca Generali, a subsidiary of Italy’s largest insurer, will also help its customers hold bitcoin following the $14 million Series B
The Bitcoin Banking Battle Heats Up
12.12.2020
Banks are moving into crypto and crypto companies are trying to become banks, so how does it all play out?
FinCEN Encourages Banks to Share Customer Information With Each Other
11.12.2020
The guidance is apt to chafe privacy advocates, inside and outside the crypto space, who are already uneasy about the honeypot that FinCEN’s suspicious activity report database has become
SDX Chief Gets Philosophical About Crypto’s Swiss-Singapore Connection
11.12.2020
The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading
Goldman Sachs to utilize JPM Coin for repo trades
10.12.2020
JPMorgan is using blockchain to drive efficiency in the repo market; Goldman and others are taking notice
Blockchain Bites: Paxos’ Banking Play, France’s KYC Terreur, FinCEN’s Personal Data Honeypot
10.12.2020
U.S. lawmakers are asking the nation's financial guardians to clarify crypto custodianship while France wages war on anonymity
JPMorgan Completes Live Blockchain Repo Trade Ahead of New Product Launch
10.12.2020
The live repo trade used a blockchain application built in-house, as well as the bank's JPM Coin
DBS Makes it Official: Banking Giant Will Launch Crypto Exchange
10.12.2020
The Singaporean banking giant DBS has finally confirmed reports circulating since October that it is set to launch a range of crypto-related operations – including a crypto exchange offering trading in bitcoin (BTC) and major altcoins.
The news come just a matter of weeks after a web page...
Clampdown on Crypto To Keep France In The Paleolithic Era Of Banking - MP
10.12.2020
In what he called an attempt to dry the financing of terrorism, French Finance Minister Bruno Le Maire has unveiled a regulation that is to enable the state to combat the anonymity of crypto transactions. Meanwhile, local crypto industry players and at least one politician accuse the ministry...