Crypto bank Sygnum hits unicorn status with new $58M raise
Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream. Source link
Bithumb adopts Kookmin Bank as new partner bank starting March 2025
Bithumb, South Korea’s second largest crypto exchange, is dropping NongHyup Bank in favor of Kookmin Bank as part of its efforts to tap into the mainstream market. According to a report by The Korea Times on Jan. 13, Bithumb will be changing its deposit and withdrawal service provider bank from NH NongHyup Bank to KB […]
Crypto-friendly ZA Bank considers opening physical branches in Hong Kong: report
ZA Bank, a digital neobank offering crypto trading, is reportedly considering physical branches in Hong Kong following new HKMA rules. Hong Kong‘s digital banks are exploring the possibility of opening physical branches as the local regulator introduced new rules allowing them to do so, the South China Morning Post has learned. According to the report, […]
FV Bank taps PayPal’s PYUSD for direct deposit and payments
FV Bank is expanding its stablecoin offerings, adding PYUSD for USD integration and cross-border payments. FV Bank has enhanced its stablecoin services by integrating PayPal USD (PYUSD) into its digital banking platform. This addition enables account holders to receive PYUSD directly into their USD accounts, with real-time conversion to USD, simplifying global transactions. The feature […]
Crypto-friendly Custodia Bank achieves SOC 2 Type II compliance certification
Custodia Bank, a crypto-friendly Wyoming-based bank, has achieved a major milestone in its security controls by obtaining certification as a System and Organization Controls 2 compliant bank. On Jan. 8, Custodia Bank announced it had achieved the SOC 2 Type II, adding to its earlier milestone of completing the Type I audit. SOC 2 is […]
Major Portuguese bank restricts crypto platform transfers
The action reflects growing regulatory scrutiny of cryptocurrency transactions in Portugal. Fiat transactions to cryptocurrency platforms have been suspended by Investimentos Globais, one of Portugal’s top banks. In a tweet published by José Maria Macedo, co-founder of Delphi Labs, BiG,… Source link
Singapore’s OCBC bank launches fractional tokenized bonds for corporates
Singapore’s OCBC Bank has launched a blockchain-based solution enabling corporate clients to invest in fractionalized tokenized bonds, marking a shift in corporate treasury management. The bank’s accredited investors, defined as entities with over S$10 million ($7.3 million) in assets, can… Source link
Czech Central Bank governor mulls Bitcoin allocation
Aleš Michl, governor of the Czech National Bank, flirted with the idea of adding Bitcoin to the bank’s reserves but emphasized that the idea remains in its early stages. In an interview with local media CNN Prima News, ČNB governor Aleš Michl said he considers Bitcoin (BTC) an “interesting option” for diversifying the bank’s reserves. […]
Czech National Bank governor weighs Bitcoin for future reserve strategy
The central bank governor, Aleš Michl, recently said he was considering investing in Bitcoin as part of the bank’s diversification strategy. Source link
Proposal mandating the Swiss National Bank to hold Bitcoin now underway
The Swiss Bitcoiners must rack up 100,000 signatures from Switzerland’s 8.92 million residents by June 30, 2026, to trigger a public referendum. Source link
