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Blue Ridge Bank Shares Halted by NYSE After Bitcoin ATM Announcement

February 10, 2021 Mondest 0

The New York Stock Exchange (NYSE) halted trading of Virginia-based Blue Ridge Bank’s stock (BRSB) after a spike in trading activity Wednesday, the company told […]

Protego Becomes Second Crypto Firm to Win Bank Charter From OCC

February 5, 2021 Mondest 0

Seattle-based Protego Trust Bank has received conditional approval for a trust charter from the Office of the Comptroller of the Currency (OCC) to custody digital […]

Switzerland’s Crypto Broker AG Wins Securities House License From FINMA

February 1, 2021 Mondest 0

Long in the making, Zurich’s Crypto Broker AG announced Monday it has been granted a securities house license by the Swiss Financial Market Supervisory Authority […]

Signature Bank Crosses $10B in Deposits From Crypto Customers

January 21, 2021 Mondest 0

Deposits from digital currency customers now make up nearly 16% of total deposits at New York’s Signature Bank.  In an earnings call Thursday, Signature revealed […]

Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4

January 21, 2021 Mondest 0

Crypto firms are often a rich source of low-cost deposits for the few banks that openly serve the sector. As such, analysts have paid close […]

OCC Chief Brian Brooks Is Stepping Down Thursday

January 13, 2021 Mondest 0

Brian Brooks, who was named the temporary head of the Office of the Comptroller of the Currency (OCC) last summer, made the announcement official a […]

Anchorage Becomes First OCC-Approved National Crypto Bank

January 13, 2021 Mondest 0

Crypto custodian Anchorage has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), making it […]

NYDIG Taps Fintech Firm Moven to Bring Bitcoin to Your Bank

January 12, 2021 Mondest 0

Digital asset manager NYDIG is joining forces with banking technology provider Moven to offer plugins for banks that want to launch bitcoin products.  “Being able […]

Lending Platform Vauld Raises $2M to Grow Into a Full Crypto Bank

December 28, 2020 Mondest 0

Singapore-based lending platform Vauld raised $2 million, led by Pantera Capital, to grow into a full crypto bank. Other investors include Coinbase Ventures, LuneX Ventures […]

The Big Banks Riding Bitcoin’s Bull Run

December 16, 2020 Mondest 0

Traditional banks are now taking the plunge and coming out with crypto-related services. The shift coincides with bitcoin’s price hitting all-time highs in December. Banks […]

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