Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens.
HSBC is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them.
The challenger bank reportedly has plans to offer its crypto buying service to US customers in the near future.
Crypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane.
Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday.
Crypto lender BlockFi now supports cash deposits.
The platform will use blockchain to automatically input payments data into bank records.
STASIS said Tuesday its new wallet would offer regulated financial institutions a new gateway into cryptocurrencies.
Binance has launched a direct channel integration with Istanbul-based Akbank, allowing users to deposit Turkish lira to their exchange accounts.
A Wyoming corporation founded by Caitlin Long is preparing to apply for a special purpose depository institution (SPDI) charter with the state’s division of banking.
Morgan Stanley is acquiring E*Trade for $13 billion, hoping to target its 5.2 million-strong client base.
The new hire formerly helped lead the launches of both Apple Card and Apple Pay.
One of the oldest banks in Europe. von der Heydt is developing a euro stablecoin to facilitate private placements in securities tokenized on the Stellar blockchain.
DAG Global says it’s had no “red flags” raised in discussions with British financial regulators.
The exchange will use Prime Trust for compliance checks as well as custody for fiat and cold storage for crypto.
The La Jolla, Calif.-based bank, which went public on the New York Stock Exchange under the trading symbol SI in November, released its earnings report before market open on Wednesday.
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town.
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets.
An emerging trend in wealth-stashing Switzerland: crypto-friendly banks.
Paxos is enabling a new auto-transfer feature to streamline the conversion of funds between bank accounts and stablecoin deposits.