Tag: Bank

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Swiss Bank BancaStato Brings Bitcoin and Ether Trading Into Its Banking App

Swiss Bank BancaStato has started offering regulated cryptocurrency trading to clients through a partnership with Sygnum and banking software provider Avaloq. This brings another...

Stablecoin bank Augustus raises $180 million to build a clearing bank for the AI era

Augustus, a startup building a federally chartered clearing bank for fintechs and financial institutions, said it raised $180 million to expand its dollar payment...

Bank of Korea prepares for live CBDC transactions with 9 banks in September

The Bank of Korea's central bank digital currency (CBDC) plans are moving forward with nine participating banks.The second phase of BOK's CBDC program is...

The traditional bank account is facing an existential threat from digital wallets

Jan said many Binance employees, including himself, already keep most of their assets on the exchange. “I could make payments, I could use my...

HSBC wins Bank of England approval to enter Digital Securities Sandbox

The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in...

ECB picks 36 firms including Deutsche Bank and Revolut for CBDC pilot

The European Central Bank (ECB) selected 36 banks and payment firms to join a pilot of the digital euro starting in the second half...

Thailand Central Bank Audits USDT Amid Gray Money Crackdown

Thailand’s central bank is stepping up stablecoin surveillance as part of a wider effort to crack down on money laundering, illicit finance and “gray...

Circle Wins Final OCC Approval for National Trust Bank

The stablecoin issuer received a charter for First National Digital Currency Bank, allowing it to custody digital assets and, eventually, hold USDC reserves under...

Russia’s Largest Private Bank Alfa-Bank To Test Bitcoin And Crypto Trading

Alfa-Bank, Russia’s largest private lender, is preparing to launch its own digital depository and a full slate of crypto services once national...

Circle (CRCL) Wins Final OCC Approval For National Trust Bank

Circle Internet Group secured final approval from the U.S. Office of the Comptroller of the Currency today, to establish a national trust...

Circle takes banking step with U.S. trust bank approval

Circle (CRCL), the issuer of the world's second largest stablecoin USDC, received approval from the U.S. Office of the Comptroller of the Currency (OCC)...

Bank of Japan may speed up rate hikes. Will it help or work against bitcoin?

The Bank of Japan (BOJ) may raise its benchmark interest rate rapidly this year, as the yen slides, eventually pushing it above 2%. That's...