Banking

Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins

Paxos announced Tuesday a new feature allowing customers to automatically wire transfer funds from their bank accounts into either Paxos…

Six Major Central Banks to Collaborate on Digital Currency Research

The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank…

Australian Financial Regulator Could Oversee Facebook’s Calibra Wallet

The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook's controversial stablecoin Libra. In an official…

Uphold Opens Crypto Trading to Users With UK Bank Accounts

Trading platform Uphold has added pound sterling support, meaning users can trade cryptocurrencies via payments from U.K. bank accounts. The…

MakerDAO Pitches DeFi to the Masses at CES 2020

LAS VEGAS – There's a "digital money" section on the show floor of the Consumer Electronics Show (CES) in Las…

Rivals Signature Bank and Prime Trust Team up to Offer Instant Payments for Institutions

Crypto banking competitors Prime Trust and Signature Bank have partnered in a bid to appeal to institutional clients. Signature announced…

Former Barclays Exec to Launch UK’s First Regulated Crypto Bank in 2020

Mark Hipperson, who was head of technology for the Barclays group for over a decade as well as co-founder and…

Anti-Bank Sentiment Grows Louder in Hong Kong, Does Bitcoin Stand to Benefit?

Following the recent freezing of around US$9 million of donations to the Hong Kong protest movement, demonstrators have now turned…

State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial

“There is small, but growing demand from our clients for solutions of this type and many technical, operational, regulatory, and…

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