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Banking
Analysts Question Silvergate Execs on Whether Crypto Deposit Growth Will Continue
The majority of the new deposits came from cryptocurrency exchange clients.
OCC Chief Brian Brooks Is Stepping Down Thursday
Acting Comptroller of the Currency Brian Brooks will be stepping down on Jan. 14, he confirmed Wednesday.
Anchorage Becomes First OCC-Approved National Crypto Bank
The crypto industry has its first federally chartered bank: Anchorage.
NYDIG Taps Fintech Firm Moven to Bring Bitcoin to Your Bank
“If PayPal and Square can do it, then community banks should be able to do it, too,” said Moven founder Brett King.
Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank
Vauld, formerly called Bank of Hodlers, raised $2 million in a round led by Pantera Capital to expand its crypto banking platform.
The Big Banks Positioned to Ride Bitcoin's Bull Run
Banks joined the crypto conversation as bitcoin marched to $20,000. Here's a list of recent crypto developments in the banking sector.
New York's Quontic Becomes First US Bank to Offer a Bitcoin Rewards Debit Card
Queens-based Quontic Bank has become the first FDIC-insured financial institution to launch a bitcoin rewards checking program.
Banca Generali Leads $14M Round in Italian Crypto Custody Firm Conio
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
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
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.
