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Banking
State-Owned French Bank Joins Bitcoin Startup's $8 Million Series A
Lightning-focused bitcoin startup ACINQ added an interesting investor to its cap table: Bpifrance, a state-owned bank that just made its first crypto investment.

Polychain and a Chinese Bank Are Betting Millions on This Token Sale
Investing in a token offering for the Nervos Network could help China Merchants Bank International tap into the DeFi ecosystem.

'Gold-Backed' Crypto Token's Promoter Investigated by Florida Regulators
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”

Coinbase Reinstates UK Bank Deposits and Withdrawals
Coinbase UK is once more allowing GBP deposits and withdrawals after it partnered with ClearBank in August.

Singapore Exchange–Backed iSTOX Raises Series A for Tokenized Securities Trading
The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand.

American Banking Giants Sound Off Against Libra as Monetary Threat
Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies.

Financial Services Giant Morningstar to Offer Ratings for Crypto Assets
Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors.

Binance and Polychain Are Funding a Crypto-Friendly Bank in Malta
Paula Pandolfino is raising more than $10 million to launch a crypto-centric bank in Malta in 2020.

This Crypto-Savvy Bank Is Building Bandwidth for Bitcoin Retail Payments
The German bank is set to help European retailers accept bitcoin payments in early 2020.

Swiss Stock Exchange SIX Lines up Buyers for 'Initial Digital Offering'
Swiss stock exchange SIX's SDX blockchain platform has organized a consortium of institutions to back its "initial digital offering" set for mid-2020.
