It was the first quarterly earnings report from the payments giant since rolling out its crypto service in late 2020.
CrossTower Launches Bitcoin Fund to Compete With Grayscale’s GBTC
The fund is starting out with $20 million in AUM, largely from family offices, and touts lower fees than the Grayscale Bitcoin Trust.
Visa Signals Further Crypto Ambitions With API Pilot for Bank Customers to Buy Bitcoin
Visa is working with Anchorage to allow customers at traditional banks to “buy and sell digital assets such as Bitcoin.”
Gemini Partners With Crypto Lender Genesis to Offer 7.4% Yield on Customer Deposits
The product is part of Gemini’s attempt to bring in new crypto investors with bank-like products.
Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea
U.S. Judge Kevin Castel also denied the ethereum developer’s request for more details about what he’s being charged with.
Visa May Add Cryptocurrencies to Its Payments Network, Says CEO
The payments company works with wallets and exchanges to enable crypto purchases, and could eventually use digital currencies over blockchain in the same way it processes traditional money.
US Federal Reserve Looking to Hire a Manager to Research Stablecoins and CBDCs
The job listing follows comments made by Fed Chair Jerome Powell in recent weeks where he said the central bank needed “better regulatory answers” for global stablecoins.
Fed Chair Powell: ‘We’d Welcome Higher Inflation’
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday.
Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity Moderates
The central bank noted that economic activity and employment had moderated while the path of the economy will be determined by vaccinations
How Bitcoiners Should Watch the US Federal Reserve Meeting on Wednesday
Comments from Fed chair Jerome Powell could tell bitcoiners how committed the central bank is to staying the course on low interest rates through the rest of the year.
Bitcoin Exchange LVL Launches Mastercard Debit Card
The card can be used to spend crypto and fiat around the world.
Signature Bank Crosses $10B in Deposits From Crypto Customers
Signature’s $10 billion in deposits from crypto businesses is now double that of rival Silvergate.
Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4
The figure is seen as a proxy for growth among crypto-industry clients.
Silvergate Took Nearly $3B in Deposits From Digital Currency Customers in Q4 2020
The majority of the new deposits came from cryptocurrency exchange clients.
The Relationship Between US Government Debt and Bitcoin, Explained
Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC.
CoinShares to Launch an ETP on SIX Swiss Exchange
It joins several other ETP providers on the exchange, including ETC Group, with its own physically backed bitcoin product.
Why Celsius Thinks CEL Won’t Receive the Same SEC Treatment as XRP
In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.
Jerome Powell on CBDCs: ‘We Don’t Feel a Need to Be First’
The U.S. is going slow on central bank digital currencies (CDBCs) considering the risks they may pose to the dollar’s dominance, the Fed Chair said Thursday.
CrossTower Launches Capital Markets Desk to Bring Institutions to Its Spot Exchange
“Ultimately we end up with something that looks and feels a little bit like what you see in the prime brokerage space.”
BitGo Taps Former Coinbase Exec Jeff Horowitz as Chief Compliance Officer
Jeff Horowitz led Coinbase’s global compliance program until his departure in October.