Latest bank News

Business 16 September 2020

Kraken becomes world’s first digital asset bank

Kraken has become the world's first digital asset bank after receiving approval from the state of Wyoming to form a Special Purpose Depository Institution.

Business 7 June 2020

Digital currency-friendly Bank Arival launches—but with a catch

Puerto-Rico based Arival claims to be the first fintech bank for “abnormal” customers, which is why digital currency firms fit the bill.

Business 1 February 2020

This week in crypto Jan 31, 2020: a look at some of the highlights

From central bank digital currency to more regulatory oversight, the crypto space continues moving forward.

Business 29 November 2019

Robinhood pulls back on plans to secure a banking charter in the US

Stock and cryptocurrency trading platform Robinhood has come to realize that its goals may have extended well beyond its reach.

Business 27 August 2019

WEG Bank granted crypto license in Estonia

The small specialized German bank is branching out to start servicing customers in eastern Europe.

Business 23 August 2019

Four hundred new clients join Swiss bank demanding crypto products

Maerki Baumann found itself swamped with new customers because of its shift to crypto.

Business 21 August 2019

Israel Bitcoin Association petitions banks to reveal crypto policy

The crypto advocacy group is fighting to get fair treatment from Israeli banks.

Business 8 August 2019

BTC investors stopped from depositing funds to pay taxes

Israeli banks are making it difficult on BTC investors, despite action from tax authorities.

Business 7 August 2019

Swissquote Bank reports profit fall in H1 as crypto business declines

Although the crypto markets moved quite a bit in early 2019, Swissquote Bank didn’t profit from it.

Business 31 July 2019

Taiwan issues three new virtual banking licenses

Taiwan is hoping to set up new competition in the Asia digital currency scene with the licenses.

Business 22 July 2019

FairX crypto banking firm shuts down after running out of money

FairX has been forced to shutter its doors and turn off the lights as it wasn’t able to receive the funding it needed to be classified by the US Federal Deposit Insurance Corporation.

Business 17 July 2019

Bitcoin Suisse seeks Swiss banking license

Bitcoin Suisse wants an official banking license to join the regulated crypto landscape of Switzerland.

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