Citigroup have given up on their plans for a ‘Citicoin’ crypto payment solution, realizing that there are already better solutions, like Bitcoin SV.
German based Deutsche Börse has reached an agreement to partner with Swisscom and Sygnum to create what the three firms describe as a “trusted digital asset ecosystem.”
U.K digital banking startup Revolut has refuted claims that it abandoned its anti-money laundering protocols and possibly processed illegal payments. They say it’s just a big misunderstanding.
Signature Bank has agreed to provide a full range of banking services to crypto and fintech startups, as well as already existing 66 businesses in the industry.
The Swiss bank announced that it has partnered with digital bank startup SEBA Crypto to offer access to crypto storage, investment and transaction services to its customers nationwide.
IBM has made a deal with Santander to implement their cloud banking strategy with blockchain technology.
JPMorgan Chase is about to become the first U.S. multinational bank to roll out a cryptocurrency that will be used to "instantly settle payments between clients."
The largest foreign exchange bank in South Korea has filed 46 patents for blockchain technology, in one of the largest single disclosures of blockchain IP ever disclosed.
The Marshall Islands has procured the services of Swiss-based Tangem for the production of physical blockchain banknotes for its official currency.
Galaxy Digital Holdings is reportedly raising $250 million that will go to a credit fund to provide loans to cryptocurrency companies.
The Bank of International Settlements has found that a large number of central banks are exploring the issuance of a digital currency.