Banking


Markets

Cryptopia Exchange Resumes Crypto Trading Amid Banking Issues

Cryptopia, the cryptocurrency exchange hit by a major hack in mid-January, has restarted trading of 40 pairs deemed secure.

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Markets

Silvergate Bank Adds 59 Crypto Clients, But Deposits Down $123 Million

Silvergate Bank added 59 crypto clients in the fourth quarter, but its deposits from the industry shrank by $123 million.

Silvergate bank

Markets

Digital Asset Names New CEO to Succeed Blythe Masters

Enterprise blockchain startup Digital Asset has named co-founder Yuval Rooz as the company’s new chief executive officer.

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Markets

Banking Startup Launching Visa Card That Lets You Spend 7 Cryptos

Banking startup 2gether is launching a prepaid Visa debit card that allows eurozone-based users to spend cryptocurrencies.

Ramon Ferraz, CEO of 2gether

Markets

Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency

Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.

Citibank (TungCheung/Shutterstock)

Markets

Riot Blockchain to Launch Regulated Crypto Exchange in the US

Riot Blockchain is planning to launch a regulated exchange in the U.S. to offer crypto banking and trading services.

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Markets

Cryptocurrencies Pose Risks to Banks, Warns Basel Committee

The Basel Committee on Banking Supervision has warned that the growth of cryptocurrencies poses a number of risks to banks.

BIS

Finance

IBM Quietly Enters Crypto Custody Market With Tech Designed for Banks

IBM and Shuttle Holdings will launch a digital asset custody service this month for banks and enterprises that want to store crypto for their clients.

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Markets

Overstock's Medici Acquires Stake in Blockchain Banking Startup

Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus.

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Markets

Deutsche Börse, Swisscom Team Up to Build Digital Asset 'Ecosystem'

Deutsche Börse has partnered with telecoms and IT provider Swisscom and fintech firm Sygnum to build solutions for the digital assets space.

Frankfurt stock exchange