Banking


Finance

Elwood Technologies Touts Strong Focus on Crypto Derivatives

Now backed by tier one banks Goldman, Barclays and Commerzbank, Elwood CEO James Stickland predicts “a huge amount of derivatives action.”

Elwood CEO James Stickland (Elwood)

Finance

Crypto Banking Platform BVNK Raises $40M to Drive Regulatory Push

BVNK currently processes $2 billion in annualized payments, which it aims to grow to serve cross-border businesses with fast payments and banking in crypto and fiat.

Credit: Shutterstock

Finance

Argentina’s Largest Private Bank Launches Crypto Trading Feature

Banco Galicia now allows users to buy bitcoin, ether, USDC and XRP.

Buenos Aires, Argentina (Sadie Teper/Unsplash)

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Introducing CoinDesk's Payments Week

Can crypto fulfill its original promise? From Bitcoin’s Lightning Network to stablecoins to gaming and rewards, innovations give hope for the payments use case.

(Kevin Ross/CoinDesk)

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Why Banks and Payment Processors Shun Perfectly Legal Businesses

Porn, gambling and even furniture sales are deemed “high-risk” merchant categories. Sometimes the risk is financial; other times it’s just bad publicity.

“We would usually advise our clients to steer clear of a lot of these things," says one consultant. "Whether it's financial, reputational or regulatory [risk], who needs this headache?” (Illustration: Yunha Lee/CoinDesk)

Finance

Morgan Stanley Says Wholesale Banks Can Thrive in a More Regulated Crypto Market

The revenue opportunity could reach as much as $16 billion in the next three to five years, the bank’s analysts said.

morgan stanley

Opinion

Want to See the Future of Banks? Look at Telcos

DeFi may allow banks to offer a wide range of services fast and efficiently, but in the end, these organizations will focus on their traditional, core strengths.

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Finance

Eldridge, A16z Lead $620M Financing Round for Fintech Cross River Bank

Coinbase, Stripe, Affirm and Rock Loans are among Cross River’s more than 80 customers.

(metamorworks/Getty images)

Finance

Israel's Bank Leumi to Offer Crypto Trading

The bank is working with New York-based custody and trading platform Paxos to bring the service to customers.

Tel Aviv, Israel

Finance

Aave General Counsel Rebecca Rettig Joins Silvergate’s Board

The lawyer says “there will be lots of opportunities” for Silvergate to serve as a partner to those building in DeFi.

Rebecca Rettig has joined Silvergate's board (Aave)