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Italian Banking Giant Enters Bitcoin, Mt. Gox Rehabilitation + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news Another banking giant has entered the crypto custody fray, with Italy’s Banca Generali set to offer bitcoin (BTC) custody to...

Coinsbee Lets You Buy Gift Cards for More Than 500 Brands With Crypto


Coinsbee is a platform for buying gift cards with more than 50 cryptos from all your favorite brands and shops, as well as get payment cards and phone top-ups. You can use it to purchase vouchers for video game stores such as Steam and PlayStation, and even the video streaming giant Netflix. With...

DBS Makes it Official: Banking Giant Will Launch Crypto Exchange


The Singaporean banking giant DBS has finally confirmed reports circulating since October that it is set to launch a range of crypto-related operations – including a crypto exchange offering trading in bitcoin (BTC) and major altcoins. The news come just a matter of weeks after a web page...

Crypto-Keen Chinese Giant-Owned 200 YO Bank Lures BTC-Hungry Rich Investors


More than 200-year-old German lender Hauck & Aufhäuser (H&A), owned by the crypto-keen Chinese conglomerate Fosun, about to offer a new product to high-net-worth individuals and professional investors, looking to invest in cryptoassets. The bank said it is teaming up with the Berlin-based...

Banking Giant Sberbank May Launch Token, Digital Asset Trading Platform


Source: iStock/-lvinst- Leading Russian lender Sberbank has hinted that it is on the verge of issuing its own cryptoasset and will seek to launch a blockchain-based platform that will enable its customers to buy digital financial assets. The token will be named Sbercoin, and Herman Gref, President...

Facebook’s Libra Crypto Gets Ready to Launch in January as a Single Coin


Facebook’s libra cryptocurrency is reportedly preparing to launch with a single cryptocurrency, a scaled-down version of its original plan. The launch date for Facebook’s libra could be as early as January. Launch Date for Facebook’s Libra The cryptocurrency libra, proposed...

South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges


South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...

Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets


Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...

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