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Banking
Digital Banking Startup Targets UK License to Serve Crypto Firms
DAG Global says it's had no "red flags" raised in discussions with British financial regulators.

Prime Trust to Arrange Banking for Customers of BlockQuake Crypto Exchange
The exchange will use Prime Trust for compliance checks as well as custody for fiat and cold storage for crypto.

Silvergate Bank Adds 48 Crypto Clients in Q4 Even as Deposits Slip 4%
The La Jolla, Calif.-based bank, which went public on the New York Stock Exchange under the trading symbol SI in November, released its earnings report before market open on Wednesday.

Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town.

Hawaiian Bill Would Let Banks Act as Crypto Custodians
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets.

Swiss Banks Enter the Age of Bitcoin
An emerging trend in wealth-stashing Switzerland: crypto-friendly banks.

Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins
Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.

Uphold Opens Crypto Trading to Users With UK Bank Accounts
Trading platform Uphold has added pound sterling support, in beta for now

MakerDAO Pitches DeFi to the Masses at CES 2020
There's a "digital money" section on the show floor of this year's CES. MakerDAO's DAI is the only crypto with a booth.

Rivals Signature Bank and Prime Trust Team to Offer Instant Payments for Institutions
Crypto banking rivals Prime Trust and Signature Bank have partnered to offer "real-time" settlements for institutional digital asset trades.
