Indiana’s Star Bank Launches Bitcoin Trading Services

Indiana's Star Bank Launches Bitcoin Trading ServicesStar Financial Bank (Star Bank) says it has become the first bank in the U.S. state of Indiana to offer bitcoin services to customers. The services will be offered through the New York Digital Investment Group and Alkami platform. Customers will have the ability to buy and sell bitcoin via the Star Mobile Banking App. […]

Go to Source

Powered by WPeMatico

‘Doctor Bitcoin’ Pleads Guilty to Running Illegal Crypto Exchange in US, Faces 5 Years in Prison

'Doctor Bitcoin' Pleads Guilty to Running Illegal Crypto Exchange in US — Faces 5 Years in PrisonA Texas man, who calls himself “Doctor Bitcoin,” has pleaded guilty to running an illegal cryptocurrency exchange business, converting cash to bitcoin. He faces five years in federal prison. Crypto Exchange Operator Pleads Guilty The U.S. Department of Justice (DOJ) announced Tuesday that a Texas resident, Mark Alexander Hopkins, has pleaded guilty to “illegally operating […]

Go to Source

Powered by WPeMatico

Spain’s BBVA Opens Bitcoin Trading to All Private Banking Clients in Switzerland

Spain's BBVA Opens Bitcoin Trading to All Private Banking Clients in SwitzerlandSpain’s second-largest bank, BBVA, is opening up its bitcoin trading and custody service to all private banking clients in Switzerland in a few days. The bank has been testing the cryptocurrency service for six months. “The bitcoin management system is fully integrated” in the bank’s app, “where its performance can be viewed alongside that of […]

Go to Source

Powered by WPeMatico

Hundreds of Banks in US to Allow Customers to Buy, Sell, Hold Bitcoin Through Existing Bank Accounts

Hundreds of Banks in US to Allow Customers to Buy, Sell, Hold Bitcoin Through Existing Bank AccountsHundreds of banks in the U.S. will reportedly start offering access to bitcoin to their customers this year, thanks to a partnership between Fidelity National Information Services and the New York Digital Investment Group. Hundreds of banks have enrolled to participate in the program as they see funds moving from bank accounts to crypto exchanges. […]

Go to Source

Powered by WPeMatico

Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services

Oldest US Bank BNY Mellon Sets Up Crypto Unit — Will Hold, Transfer, Issue Bitcoin for ClientsThe Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon Gets Into Crypto The oldest bank […]

Go to Source

Powered by WPeMatico