Swiss Bank SGKB partners with SEBA for Bitcoin and Ethereum services
St. Galler Kantonalbank teams up with SEBA Bank for Bitcoin and Ether services. Swiss clients can now trade Bitcoin and Ethereum, with the potential for more cryptocurrencies. Switzerland’s embrace of…
Deutsche Bank and Standard Chartered pilot SWIFT alternative for digital currencies
Deutsche Bank and Standard Chartered test Universal Digital Payments Network (UDPN) for digital currency transactions. UDPN connects blockchain networks, facilitating seamless transactions between stablecoins and CBDCs. UDPN, with 25 participating…
Bank of Spain, Banco de España, embraces digital euro
Banco de España has backed the digital euro. The digital euro promises offline payments and privacy, akin to cash. European central banks, including the Bank of Finland, are supportive of…
Reserve Bank of Zimbabwe launches gold-backed digital token ZiG
RBZ has launched a gold-backed ZiG digital token to address currency instability and inflation. ZiG offers a stable and versatile investment option, gaining investor interest. Investors have purchased 350kg of…
Chase Bank customers can now pay mortgages using crypto through FCF Pay
Chase Bank customers can make cryptocurrency payments for credit card bills, loans, and mortgages. Accepted cryptocurrencies include Bitcoin, Ethereum, Shiba Inu, XRP, Dogecoin, Binance Coin, Tether, and USD Coin. Despite…
Chase Bank announces an outright ban on crypto payments in the U.K.
Chase Bank will start to block crypto payments in U.K. from October 16th. The retail bank says the ban is related to an increase in crypto frauds. Chase Bank has…
Coinbase secures registration with the Bank of Spain
Coinbase’s registration with the Bank of Spain marks a significant stride in its mission to provide secure and compliant crypto services to users worldwide. The registration allows Coinbase to offer…
Deutsche Bank taps Swiss crypto firm Taurus for custody services
Deutsche Bank will offer crypto custody services for institutional investors. Deutsche Bank in a World Economic Forum paper in 2020 expressed intentions of offering crypto trading. The bank has however…
South Korean Hana Bank and BitGo to launch joint crypto custody venture
Hana Bank and BitGo are expected to launch a crypto custody service in the second half of 2024. Hana Bank is interested in having tokenized deposit technology replace central bank…
SoFi Bank holds $170 million in crypto
SoFi Bank’s second quarter earnings report indicated crypto holdings of $170 million. It includes Bitcoin, Ethereum, Litecoin, Dogecoin and Cardano. San Francisco-based SoFi Bank, which has over 6.2 million customers,…