Why crypto firms want to become banks

Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts......»»

Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves......»»

Silvergate made its name providing fiat banking services for crypto businesses. Now CEO Alan Lane wants the bank to handle digital assets themselves......»»

Arival Bank aims to serve crypto firms rejected by traditional banks and is crowdfunding $3 million on Circle's SeedInvest platform......»»

While crypto firms that acquire licenses could challenge traditional institutions, the challenge for them is to meet stringent requirements under banking l.....»»

The firm is the latest financial services giant to jump into private credit as the market surges with interest from global banks and Wall Street firms......»»

China's major bank.....»»

Exclusive-China firms go "underground" on Russia payments as banks pull back.....»»

RippleX (CRYPTO: XRP) Senior Vice President, Markus Infanger, predicts that the tokenized asset market could surge to an impressive $16 trillion as traditional finance firms are read more.....»»

Although crypto markets seemed to recover from the recent fall, some believe that regulatory uncertainties surrounding Bitcoin mining and trading firms in China could lead to even more sell pressure going forward. read more.....»»

As companies set goals around environmental, social, and governance initiatives, their financial partners like banks and private-equity firms have potential to lead by example. The panel was hosted by (l-r) Insi.....»»

Cboe's acknowledgment to be Fidelity's exchange partner moves the SEC application process. Thus far, no US crypto ETF application has been approved. .....»»

WeWork will partner with cryptocurrency firms Bitpay and Coinbase to facilitate transactions of Bitcoin, Ethereum, USD Coin, Paxos and several other digital currency offerings......»»

As the cryptocurrency sector exploded, cryptocurrency companies started investing not only into coins, but in each other, as well, thus helping other firms grow and expand the reach and benefits of the crypto industry as a whole. read more.....»»

ConsenSys, the leading Ethereum (CRYPTO: ETH) software development company, has raised a $65 million funding round with investment from leading financial services firms like JPMorgan Chase & Co. (NYSE: JPM), Mastercard Inc (NYSE: read more.....»»

Law Firms And Banks Are Showering Employees With Gifts To Try And Avoid A "Retention Crisis" While the junior bankers at Goldman Sachs who spoke out about long hours worked during the SPA.....»»

Stellar (XLM), the coin underpinning the open network dedicated to helping financial firms connect with each other, traded over 27% higher on a seven-day trailing period at press time. read more.....»»

Retailers in the food and drink sector, as well as big tech firms, are recognizing crypto's popularity as a payment option Retailers are recognizing bitcoin's growing popularity. NurPhoto/Getty Images Bitcoin.....»»

Retailers in the food and drink sector, as well as big tech firms, are recognizing crypto's popularity as a payment option Retailers are recognizing bitcoin's growing popularity. NurPhoto/Getty .....»»

The 15th Century Medici Bank Is Getting A 21st Century Re-Launch And Also Will Serve Crypto Firms .....»»