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Banking
Silvergate Bank Resolves Wire Transfer Issue That Kept Transactions in Limbo
Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane.

Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending
Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday.

Previously Crypto-Only BlockFi Adds Cash On-Ramp Through Silvergate Partnership
Crypto lender BlockFi now supports cash deposits.

Samsung to Target EU Payments Sector With Blockchain-Based Solution for Banks
The platform will use blockchain to automatically input payments data into bank records.

New Wallet From Stablecoin Issuer STASIS Syncs With Financial Institutions
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies.

Binance Lets Turkish Customers Directly Deposit Fiat With Bank Integration
Binance has launched a direct channel integration with Istanbul-based Akbank, allowing users to deposit Turkish lira to their exchange accounts.

Blockchain Pioneer Caitlin Long to Build Crypto Bank in Wyoming
A Wyoming corporation founded by Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking.

Morgan Stanley Buys E*Trade in $13B Deal
Morgan Stanley is acquiring E*Trade for $13 billion, hoping to target its 5.2 million-strong client base.

Santander Hires Former Apple Pay Exec to Lead P2P Payments
Santander's new hire, Trish Burgess, formerly helped lead the launches of Apple Card and Apple Pay.

German Bank to Offer Tokenized Securities Based on Stellar
One of the oldest banks in Europe, von der Heydt, is developing a euro stablecoin to facilitate private placements in securities tokenized on the Stellar blockchain.
