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Banking
Why Wyoming's Governor Supports the State's Crypto Banking Law
Keeping Wyoming's lead in crypto banking is a priority of the state's top elected official, Gov. Mark Gordon.
Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers
Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020.
Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody
A multinational payments firm is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets.
Signature Bank Gains $1B Deposits in Q3, With Notable Growth From Stablecoin Issuers
Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020.
Around 100 Italian Banks Are Officially on a Blockchain
The Italian Banking Association claims that about 100 local banks are now operating on a blockchain network designed to speed up interbank transactions and processes.
JPMorgan's Blockchain Lead Is Now in Charge of Ethereum-Based Interbank Information Network
JPMorgan Blockchain Lead Christine Moy has been promoted to lead the bank’s Ethereum-based Interbank Information Network (INN).
Stablecoin Growth Knocks Silvergate Exchange Network Volume Over $100B
All-time transaction volume on the Silvergate Exchange Network (SEN), a fiat pathway into bitcoin markets, has reached $100 billion.
CBDCs Could Challenge US Dollar's Dominance: Deutsche Bank
Central bank digital currencies have the potential to challenge the primacy of the U.S. dollar, according to a new report from Germany's Deutsche Bank.
Wyoming Bank Regulator Taps Chainalysis to Boost Crypto Tracing Efforts
The Wyoming Division of Banking will receive training and two software licenses from blockchain intelligence firm Chainalysis.
Kraken Becomes First Crypto Exchange to Charter a US Bank
On Wednesday, the Wyoming Banking Board voted to approve Kraken’s bank charter application. Kraken is the first SPDI bank in Wyoming.
