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crypto banking
Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The Zurich and Singapore-based lender closed the oversubscribed "strategic growth round," which was led by BTC-focused venture capital firm Fulgur Ventures
Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks
Conio is also looking at tokenization, and is involved in the Euro Token project overseen by the innovation center of the Bank of Italy.
BCB Group's Deputy CEO Departs After Failed German Bank Acquisition
The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.
Crypto Friendly Xapo Bank Expands to India, Rest of South Asia
Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape"
Swiss Government-Owned Bank PostFinance to Offer Customers Crypto
PostFinance will begin offering its 2.5 million customers access to buy, store and sell bitcoin and ether, thanks to a partnership with Switzerland’s Sygnum Bank.
Stop Blaming Crypto for Traditional Finance Failures
After the recent collapse of three banks – Silicon Valley Bank, Silvergate Bank and Signature Bank – many pointed fingers at crypto as the cause. But crypto may actually be the solution, not the problem.
Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Reuters
The Federal Deposit Insurance Corp. later denied Reuters' reporting.
Signature Bank, Stablecoins Might Benefit From Silvergate Exchange Network's Demise
The bank’s exchange network, SEN, had a simple premise and played a crucial role from its inception in 2018 through its shutdown on Friday. Analysts and experts are handicapping what might fill the void.
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.
What Now for Crypto Banking?
Regulators are leery of traditional banks offering services to crypto companies, and wary of specialist crypto banks, like Custodia, with new business models. Frances Coppola asks: Where do we go from here?
