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banks
Tether's Bank Deltec Says Stablecoin Is Fully Backed by Reserves
"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.
Analysts Question Silvergate Execs on Whether Crypto Deposit Growth Will Continue
The majority of the new deposits came from cryptocurrency exchange clients.
Australian Bitcoin Trader Takes Banks to Tribunal After Sudden Account Closures
The trader was operating a registered digital currency exchange.
Crypto Markets Jump on OCC Approval for Banks to Use Blockchains
The price of bitcoin and native tokens for other stablecoin-supporting blockchains jumped after the OCC approved banks to use public blockchains.
US Federal Regulator Says Banks Can Conduct Payments Using Stablecoins
Banks can act as nodes on a blockchain or conduct payments using stablecoins, the OCC said Monday.
Puerto Rico-Based FV Bank to Offer Regulated Crypto Custody in the US
FV Bank says it has received permission from a Puerto Rico banking regulator to provide custody services for bitcoin, ether and more in the U.S.
SatoshiPay to Become First User of German Bank's Euro Stablecoin
Bankhaus von der Heydt partnered with Bitbond to launch its euro-backed stablecoin on Stellar last week.
OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers
The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers as well as to the firms themselves.
India's Banks Are Once More Serving Crypto Traders and Exchanges
Indian banks have started doing business with select cryptocurrency exchanges and their customers, CoinDesk has confirmed.
DBS Bank’s Digital Exchange to Begin Trading Crypto ‘Next Week’
The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange.
