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Banking
UK Bank Nationwide to Review Its Cryptocurrency Policies: Report
The bank is monitoring cryptocurrency activity and placing extra safeguards on certain activities.

Singapore’s DBS Bank Enlists Nivaura’s ‘One-Click’ Blockchain Security Issuance
Nivaura is also launching the open-source GLML Foundation to help create automated tokenized securities.

Citi Launches ‘Digital Assets Group’ Within Wealth Management Division
It’s the latest megabank to roll out crypto services to at least some of its customers.

This NYDIG Partnership Could Bring Bitcoin to Your Local Credit Union
Up to 18.3 million Q2 customers will soon be able to buy, sell and hold bitcoin directly from their bank accounts.

MoonPay Takes ‘Sizable’ Stake in Crypto Banking Provider BCB Group
Terms of the deal between the two London-based firms were not disclosed.

Banks Edge Closer to Ethereum 2.0 Staking
Switzerland-based Sygnum Bank is helping institutional clients get staking rewards from the new Ethereum network. And they’re not alone.

Texas State Regulator Greenlights Banks to Custody Crypto
A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.

State Street Bank Launches Cryptocurrency Division
State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more.

Basel Committee Proposes Banks Set Aside Capital to Cover Bitcoin Exposure
The committee proposed splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not.

Anchorage to Offer Ethereum-Backed Loans Through BankProv
This is the first time Anchorage has extended ETH-backed loans through a traditional, FDIC-insured bank.
