Banking


Finance

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.

Munich, Germany. (Credit: Shutterstock)

Finance

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.

City of London

Finance

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.

BlockQuake CEO Antonio Brasse (right) talks with BlockQuake Partner Sam Hyun. (Courtesy photo)

Finance

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.

Silvergate CEO Alan Lane (CoinDesk)

Markets

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.

Metropolitan Commercial Bank image via Shutterstock

Markets

Hawaiian Bill Would Let Banks Act as Crypto Custodians

Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets.

Hawaii's bill would green-light banks as crypto custodians. But it doesn't solve the double-reserve problem that pushed Coinbase out in 2017. Credit: Shutterstock

Finance

Swiss Banks Enter the Age of Bitcoin

An emerging trend in wealth-stashing Switzerland: crypto-friendly banks.

Credit: Shutterstock

Markets

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.

CoinDesk placeholder image

Markets

Uphold Opens Crypto Trading to Users With UK Bank Accounts

Trading platform Uphold has added pound sterling support, in beta for now

Credit: Shutterstock

Finance

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.

CoinDesk:Distributed 2020 – Foundations Track