Banking


Markets

Swiss Bank InCore Enables Euro On-Ramp for Crypto Exchange Kraken

The move comes at a time when traders are seeking alternative sources of capital value during an "uncertain macroeconomic climate."

Geneva, Switzerland

Policy

Sri Lanka's Blockchain Bank KYC Platform to Enter Development 'Shortly': Central Bank

The Central Bank of Sri Lanka is about to decide which firm will develop a blockchain platform that could speed the processing of bank users' ID information.

Colombo, Sri Lanka (PicadorPictures/Shutterstock)

Finance

This Liechtenstein Bank Can Now Custody Crypto

Mason Privatbank Liechtenstein is aiming to cater to both crypto-focused investors and asset managers who are looking to diversify their portfolios.

Vaduz, Liechtenstein (Credit: Shutterstock)

Finance

Digital Currencies Could Replace Low-Interest Bank Accounts, Says UN-Linked Expert

Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues an economics analyst.

cutting bank card

Policy

Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost

The research explores how "central banking for all" via digital currency could affect commercial banks.

Federal Reserve of Philadelphia (Credit: Shutterstock/Bumble Dee)

Finance

Crypto-Friendly Arival Bank Is Launching Today for Those Willing to Disclose Their Bags

After two years of laying groundwork, crypto-friendly Arival Bank is launching in beta Thursday. But there’s a catch: Clients must disclose all wallets.

Arival bank founders Slava Solodkiy, Igor Pesin and Jeremy Berger (Credit: Arival)

Finance

Caitlin Long's Avanti Raises $5M, Submits Wyoming Bank Charter Application Draft

Crypto bank Avanti has raised an angel round from the University of Wyoming Foundation, Anthony Pompliano’s Morgan Creek Digital and other investors.

Avanti's Caitlin Long (Credit: Ali Powell)

Finance

Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox

Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.

Sao Paulo, Brazil (Credit: Shutterstock)

Finance

JPMorgan Bank Takes on Coinbase, Gemini as Its First Crypto Exchange Customers

The U.S. banking giant is providing deposit and withdrawal transactions for the exchanges' U.S. users, as well as other services.

JPM, JPMorgan

Finance

UAE Bank Opens Bangladesh Remittance Corridor Using Ripple's Blockchain Tech

RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet.

Dhaka, Bangladesh (Credit: Shutterstock/Lumenite)