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Cantor Fitzgerald agreed to acquire 5% stake in Tether for $600M: Report
24.11.2024
The report comes five days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce
Paxos gains approval for Singapore stablecoin launch with DBS partnership
2.7.2024
Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch
ZA Bank Supports Over 80 Web3 Companies with Commercial Banking Services
25.12.2023
  Hong Kong-based ZA Bank announced that it has been providing support for over 80 web3 companies since early this year. This is in line with its vision for “Banking for Web3,” which it introduced in April. Among these companies is OKX Hong Kong, and ZA Bank serves as the banking...
Binance Rolls Out Third-Party Banking Agreement to Reduce Counterparty Risk
30.11.2023
Binance has announced the world’s first cryptocurrency triparty arrangement with a third-party banking partner, according to a press release put out by the crypto exchange Wednesday. Off-exchange collateral The agreement gives customers the option of keeping their collateral off-exchange with...
Binance still struggling to find banking partner in France: Report
27.9.2023
The local subsidiary of the world’s largest crypto exchange has suggested customers should convert all their fiat currency held on the exchange to crypto
Binance to Lose Euro Transfers as Paysafe Drops Support
30.6.2023
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits...
Today in Crypto: Germany's Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance to Lose Support of Its Euro Banking Partner, Slovakia Reduces Crypto Taxes
29.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Germany's Financial Watchdog Reportedly Decides Against Granting Binance a Custody License, Binance...
Binance EUR Banking Partner to Halt Support of the Crypto Exchange in September
29.6.2023
The exchange recently announced a retreat from the U.K., Netherlands and Cyprus
Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion
7.6.2023
As of June 7, 2023, recent data reveals that the value of bitcoin (BTC) is experiencing a premium on the Binance US exchange. The statistics show that on the American crypto trading platform, BTC is trading almost $400 higher for those utilizing the BTC/USD pair. Binance US Witnesses Bitcoin...
9 tips to help crypto companies choose and succeed with a banking partner
4.5.2023
Before reaching out to a potential banking partner, it’s wise to know both what they can offer and what they’ll expect
TMS Network emerges unscathed as Binance US faces banking partner issues, outrun Stacks & TRON
16.4.2023
TMS Network (TMSN) continues to make waves in the crypto world, emerging unscathed as Binance US faces banking partner struggles. In contrast, competitors Stacks (STX) and TRON (TRX) have struggled to keep up. With its decentralized trading platform, advanced security measures, and educational...
Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure
12.4.2023
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC),...
Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry
8.4.2023
Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of...
3 Strategies Crypto Firms Can Use to Land a New Banking Partner
30.3.2023
After the recent collapse of three crypto-friendly banks, many firms are left hunting for new banking partnerships. Brett Philbin, Rachel Millard and Rosie Gillam of Edelman Smithfield offer advice
Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits
13.3.2023
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount...
Circle taps Cross River as banking partner, expands ties with BNY
13.3.2023
Circle announced a new banking partner after Silicon Valley Bank’s failure and is expanding ties with BNY Mellon
Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions
28.2.2023
Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so. The platform announced this move was the direct result of the economic sanctions that the country is currently facing, and that Venezuelans outside...
Binance Banking Partner Restricts Crypto Transactions to $100,000 and Above – Here’s Why
23.1.2023
Binance, the world’s largest crypto exchange by trading volume, says it can no longer support USD deposits and withdrawals through SWIFT if the amount transferred is less than $100,000.
The reason for the new limitation, which sets the bar for such transfers extremely high for most ordinary crypto...
Binance Banking Partner to Ban Crypto Trading Transfers Under $100K
22.1.2023
Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With...
Binance's SWIFT banking partner set to ban USD transfers below $100K
22.1.2023
Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still be processed through the SWIFT payment system