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Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth
25.7.2024
Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets...
Crypto bank Sygnum posts profit after doubling crypto trading volumes
25.7.2024
Signum Bank says it's now eyeing further expansion into the European market, aiming to become fully MICA compliant by the first quarter of 2025
Swiss Crypto Bank Amina Partners Pyth Network to Provide Accurate Price Feeds
9.7.2024
Swiss crypto bank Amina Bank has partnered with Pyth Network to provide more accurate price feeds for users. This collaboration brings Amina Bank closer to its goal of enhancing the user experience and accessibility of Web3 applications. The real-time price feeds allow Amina Bank to generate...
Deutsche Bank and Bitpanda Collaborate Amid Crypto Banking Challenges
4.6.2024
Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023 collapse of key crypto-friendly banks. Deutsche Bank will...
Legal fees skyrocket in high-profile crypto bankruptcies
31.5.2024
High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis
Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France
29.4.2024
Crypto Bank Meld to Launch Tokenized RWAs to Retail Investors
21.3.2024
Meld will launch borrowing and lending services against tokenized RWA in partnership with German-licensed DeFi platform Swarm Markets.
The post Crypto Bank Meld to Launch Tokenized RWAs to Retail Investors appeared first on Cryptonews
Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors
20.3.2024
Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December
Crypto.com Partners With Latin America’s Largest Investment Banker To Advance Crypto Banking Services
27.2.2024
In a press release published on February 27, the exchange announced it had joined forces with BTG Pactual, the biggest investment banker in LatAm.
The post Crypto.com Partners With Latin America’s Largest Investment Banker To Advance Crypto Banking Services appeared first on Cryptonews
First U.S. Bank to Introduce Crypto Checking Accounts Reverses Course, Closes Crypto Banking Mobile App
5.2.2024
A bank claiming to be the first U.S. banking institution to allow its customers to buy, sell, and hold cryptocurrencies “alongside a traditional checking account,” closed its mobile crypto app last week. In a FAQ posted on its website, Vast Bank said it was exiting the crypto industry and would...
Crypto Bank Savior New York Community Bancorp Sees 40% Drop in Shares
1.2.2024
New York Community Bancorp (NYCB), the savior of failed Signature Bank, has witnessed a sharp decline of 40% in its shares. The bank’s shares took a hit on Wednesdau after the decision to cut dividend to strengthen its capital and the announcement of an unexpected loss, according to a report...
Crypto Bank Sygnum Raises $40 Million for Expansion and Mergers
25.1.2024
Sygnum AG, a global digital asset bank, has successfully raised $40 million in a strategic funding round led by Azimut Holding. According to Sygnum’s latest announcement, the bank completed the oversubscribed funding round with over $40 million, exceeding its original $35 million target. Following...
Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise
25.1.2024
The company said that its initial target for the funding round was $35 million
UK Finance Ministry to Discuss Crypto Banking Woes With Lawmakers
19.12.2023
Finance Minister Jeremy Hunt said U.K., and London in particular, has become "the global crypto hub."
Galaxy Digital on the Hunt for More Crypto Bankruptcy Assets Post-FTX Deal
19.12.2023
Source: LinkedIn Galaxy Digital, the cryptocurrency group led by US billionaire Mike Novogratz, is seeking additional asset sales from bankrupt digital asset companies following a successful deal that involved selling coins held by FTX. The transaction has significantly increased Galaxy’s...
Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX's Coins: FT
18.12.2023
Mike Novogratz's firm is also interested in companies FTX invested in as a venture capital provider
Crypto Banking Firm BCB Group CEO Quits 5 Months After His Deputy
22.11.2023
Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm
Swiss Crypto Bank SEBA Wins Hong Kong License
8.11.2023
The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products
Swiss crypto bank SEBA gets Hong Kong SFC license
8.11.2023
SEBA began its quest for Hong Kong expansion late last year, setting up an office in November 2022 and by August 2023, the firm obtained an in-principle approval to offer virtual asset trading services
Banks’ crypto exposure must be disclosed: BIS’ Basel Committee
17.10.2023
The proposed regulations are currently open to the public for comments and if approved they will come into effect by Jan. 1, 2025