European Central Bank eyes digital Euro to counter Trump’s stablecoin push
In response to U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks. ECB board member Piero Cipollone expressed concerns to Reuters that the U.S. initiative could attract customers away from European banks, underscoring the urgency […]
Bank of America Ready for Crypto Payments
Is the banking industry prepared for the disruption crypto payments might cause, and if Bank of America leads the charge, what lasting changes can we expect in how banks, businesses, and consumers interact? Bank of America CEO advocates for crypto payments The banking and crypto worlds have often seemed like two ships passing in the […]
WhiteBIT TR partners with Misyon Bank amid Turkey’s changing crypto landscape
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. WhiteBIT TR partners with Misyon Bank to expand cryptocurrency access for European investors amid Turkey’s evolving crypto landscape. WhiteBIT TR cryptocurrency exchange has announced a strategic partnership with Turkish neobank Misyon Bank. The firms […]
Swiss bank PostFinance introduces Ethereum staking
PostFinance, a Swiss state-owned bank, has announced the launch of crypto staking for its customers. On Jan. 16, PostFinance announced that it has expanded its crypto trading and custody solution to include staking. The bank will offer Ethereum (ETH) staking and plans to extend the service to other cryptocurrencies in the future. PostFinance’s move positions […]
Bank of Namibia grants provisional licenses to two crypto exchanges
Namibia’s central bank has granted the first set of provisional licenses to two cryptocurrency exchanges. According to local media, citing a recent media statement from the regulator, the Bank of Namibia has granted provisional authorization to Mindex Virtual Asset Exchange (Pty) Ltd. and Landifa Bitcoin Trade CC to operate as virtual asset service providers. However, […]
Bison expands banking network with Deutsche Bank partnership
Bison strengthens its banking options by adding Germany’s largest bank as a partner to protect customer balances. On Jan. 13, Bison, the crypto trading platform operated by the Boerse Stuttgart Group, revealed that Deutsche Bank has joined as a new banking partner, diversifying its banking relationships and marking the entry of Germany’s largest bank into […]
Intesa Sanpaolo becomes the first Italian bank to invest in crypto, buying more than $1m worth of BTC
Banca Intesa Sanpaolo has become the first Italian bank to purchase Bitcoin, as revealed by leaked email screenshots on the website 4chan. According to a report by Wired Italia, traders have detected a recent crypto purchase by Banca Intesa Sanpaolo, Italy’s largest bank by assets. Intesa Sanpaolo becomes the first Italian bank to invest in […]
U.K. Central Bank opens Digital Pound Labs for CBDC test
The Bank of England plans to launch a sandbox to test a potential central bank digital currency or government-issued digital pound. On Jan. 14, the BoE published a progress report outlining possible use cases for a CBDC, business models, and a test phase roadmap focused on blockchain-powered payment systems. Dubbed the “Digital Pound Labs,” the […]
Italy’s largest bank enters crypto market with $1M Bitcoin investment
Intesa Sanpaolo has become Italy’s first bank to make a Bitcoin investment after buying more than $1 million worth of BTC during a period of growing institutional interest. Source link
Swiss crypto bank Sygnum bags $58m, reaches $1b unicorn status
Swiss crypto bank Sygnum has raised nearly $60 million in a strategic growth round as it plans further regional expansion. Digital asset Swiss bank Sygnum has raised $58 million in its Strategic Growth Round, pushing its value to over $1 billion and making it a “unicorn.” 📣 News: Sygnum Completes USD 58m Strategic Growth Round, […]
