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Nalezeno "LN Services": 3313

Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services


The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon...

US Congress Now Aims At Decentralized Services Too


Two members of the American Congressional Permanent Select Committee on Intelligence have challenged the decentralized blockchain-powered DLive platform to explain why it was hosting “extremist” content that incited Donald Trump supporters to storm the Capitol building early last month,...

Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust


The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over...

Paypal Launches Business Unit Dedicated To Cryptocurrency


Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money...

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