Banking Partner – DIGIT INFO

Cantor Fitzgerald agreed to acquire 5% stake in Tether for $600M: Report

DIGIT — Sun, 24 Nov 2024 04:30:14 +0000

The report comes four days after Cantor Fitzgerald’s CEO Howard Lutnick was appointed as President-Elect Donald Trump’s Secretary of Commerce.

Go to Source

Paxos gains approval for Singapore stablecoin launch with DBS partnership

DIGIT — Tue, 02 Jul 2024 13:17:21 +0000

Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.

Go to Source

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

DIGIT — Wed, 12 Apr 2023 21:30:53 +0000

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC) […]

Go to Source

Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

DIGIT — Sat, 08 Apr 2023 21:30:03 +0000

Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say […]

Go to Source

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

DIGIT — Mon, 13 Mar 2023 21:00:31 +0000

Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount importance to Circle,” Allaire emphasized. Crypto Firms Scramble for […]

Go to Source

Binance Banking Partner to Ban Crypto Trading Transfers Under $100K

DIGIT — Sun, 22 Jan 2023 21:00:51 +0000

Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With Binance Sets $100,000 Transaction Minimum for Crypto Traders […]

Go to Source

German Bank Offers Special Accounts to Cryptocurrency Firms

DIGIT — Mon, 09 Jul 2018 03:15:25 +0000

The Berlin-based Banking-as-a-Platform (BaaP) institution Solarisbank has recently announced the launch of their new banking service plan that’s focused on clients from the blockchain and digital currency industry. The newly featured resource called the ‘Blockchain Factory,’ will offer financial management services to companies whose business operations deal directly and indirectly with cryptocurrency solutions and blockchain technology. […]

The post German Bank Offers Special Accounts to Cryptocurrency Firms appeared first on Bitcoin News.

Go to Source