Crypto Banking news and trends

BCB Group Chief Departs Crypto Banking Firm
Cryptocurrency // November 22, 2023

The chief executive of BCB Group has reportedly stepped down from the cryptocurrency banking company. CEO Oliver von Landsberg-Sadie has left the firm to seek new opportunities, Coindesk reported Wednesday (Nov. 22), citing a company email.  Oliver Tonkin, deputy CEO and former BCB general counsel, has been bumped...

Tether Taps Britannia Bank to Process Dollar Transfers
Cryptocurrency // August 30, 2023

Tether has reportedly begun working with Bahamas-based Britannia Bank & Trust to process dollar transfers. A report Tuesday (Aug. 29) by Bloomberg News — citing sources familiar with the matter — said the stablecoin issuer had instructed customers to send funds to Britannia in recent months. According to Bloomberg, it...

Select BNY Mellon Customers Can Now Deposit Bitcoin, Ether
Cryptocurrency // October 11, 2022

The biggest bank in the country and the first of the larger financial institutions in the U.S. is now accepting cryptocurrency deposits for bitcoin and ether from select investors. BNY Mellon is now safeguarding digital assets alongside traditional investments on the same platform and is...

Platforms Turn To Swiss Crypto Banks To Bridge Digital, Traditional Assets
Cryptocurrency // October 10, 2022

With a collateral pool of digital assets worth about $10.5 billion, MakerDAO, the Decentralized Autonomous Organization (DAO) that administers the DAI cryptocurrency, has become an important force in the Decentralized Finance (DeFi) and wider crypto ecosystem. Read more: Dai or Die: ‘Payment Stablecoins’ and Why...

Quick Reads
Keytom Launches Digital Asset-Focused Neobank

April 09, 2024
Keytom, a neobank centered around digital assets, has announced its launch. The Dubai-based company said its goal is to introduce “a new era of financial management by organizing all digital assets in one convenient location,” according to a Tuesday (April 9) news release, targeting people and businesses in the traditional fiat and cryptocurrency space.  “At […]

Tether Taps Britannia Bank to Process Dollar Transfers

August 30, 2023
Tether has reportedly begun working with Bahamas-based Britannia Bank & Trust to process dollar transfers. A report Tuesday (Aug. 29) by Bloomberg News — citing sources familiar with the matter — said the stablecoin issuer...

Select BNY Mellon Customers Can Now Deposit Bitcoin, Ether

October 11, 2022
The biggest bank in the country and the first of the larger financial institutions in the U.S. is now accepting cryptocurrency deposits for bitcoin and ether from select investors. BNY...

Bitcoin Daily: US Regulators Join Global Financial Innovation Network; Colorado Explores Crypto Banking For Cannabis...

October 25, 2019
The Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC) have announced that they...