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Banking
This Liechtenstein Bank Can Now Custody Crypto
Mason Privatbank Liechtenstein is aiming to cater to both crypto-focused investors and asset managers who are looking to diversify their portfolios.
Digital Currencies Could Replace Low-Interest Bank Accounts, Says UN-Linked Expert
Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues an economics analyst.
Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost
The research explores how "central banking for all" via digital currency could affect commercial banks.
Crypto-Friendly Arival Bank Is Launching Today for Those Willing to Disclose Their Bags
After two years of laying groundwork, crypto-friendly Arival Bank is launching in beta Thursday. But there’s a catch: Clients must disclose all wallets.
Caitlin Long's Avanti Raises $5M, Submits Wyoming Bank Charter Application Draft
Crypto bank Avanti has raised an angel round from the University of Wyoming Foundation, Anthony Pompliano’s Morgan Creek Digital and other investors.
Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox
Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.
JPMorgan Bank Takes on Coinbase, Gemini as Its First Crypto Exchange Customers
The U.S. banking giant is providing deposit and withdrawal transactions for the exchanges' U.S. users, as well as other services.
UAE Bank Opens Bangladesh Remittance Corridor Using Ripple's Blockchain Tech
RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet.
Irish Crypto Firms Squeezed by Bank Account Closures, Regulatory Delays
A delay in transposing the EU's 5AMLD into local law has given crypto companies no recourse after Irish banks closed their accounts.
The Stablecoin Surge Is Built on Smoke and Mirrors
Are stablecoins fully backed by reserves? Are they FDIC-insured? Stablecoins may be too good to be true, says our columnist.
