digital bank – DIGIT INFO

Donald Trump Pushes New Crypto Platform to Challenge Big Banks and Financial Elites

DIGIT — Thu, 22 Aug 2024 23:30:11 +0000

Former U.S. President Donald Trump has promoted his family’s new cryptocurrency platform, “The Defiant Ones,” to his 7.5 million followers on Truth Social, framing it as a response to financial inequality. The Trump Organization’s crypto initiative, which has garnered attention from Eric and Donald Trump Jr., aims to challenge traditional banks. Trump Promotes New Cryptocurrency […]

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NFT-styled debit cards the future of Web3 – Animoca founder on $30M hi investment

DIGIT — Fri, 28 Jul 2023 08:13:08 +0000

Animoca Brands partners with hi, a Web3 app that features cryptocurrency exchange services, conventional digital banking and customized NFT-styled debit cards.

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Revolut taps Koinly for cryptocurrency tax reports

DIGIT — Fri, 28 Apr 2023 10:35:00 +0000

Digital bank Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users.

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Report: South African Digital-Only Bank Launches Crypto Payments Gateway

DIGIT — Tue, 06 Dec 2022 12:30:14 +0000

A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of the digital-only bank, said the “new gateway is a game-changer” that also helps small businesses “preserve wealth in […]

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Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears

DIGIT — Wed, 23 Nov 2022 06:30:20 +0000

Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to crypto through cashback programs that counter the fears of users purchasing cryptocurrencies in today’s uncertain market. Bitpreco to […]

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British Fintech Revolut Granted Crypto License in Cyprus

DIGIT — Thu, 18 Aug 2022 04:30:28 +0000

U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services for Europeans From Cyprus A leader in the neobank […]

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Argentinian Digital Bank Brubank Includes Crypto Purchases in Its Platform

DIGIT — Thu, 05 May 2022 07:30:55 +0000

Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency business. The company announced it is now allowing customers to make cryptocurrency investments via its platform, giving them the ability to purchase crypto assets in its app. This is reportedly the second financial institution […]

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Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center

DIGIT — Thu, 24 Feb 2022 14:30:06 +0000

The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SEBA’s Strategy The Swiss-registered digital asset bank, SEBA Bank, has been granted a license that allows it to operate in the UAE’s international […]

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South Africa’s Digital Bank Tyme Completes Series B Round With Additional $70M Capital Raise

DIGIT — Sat, 18 Dec 2021 01:00:10 +0000

Tymebank, a South Africa-based digital bank, recently completed its Series B funding round with $70 million invested in the firm by Tencent and U.K. development financier, CDC Group. Funds to Support Tyme’s Expansion Into New Markets Tymebank, a digital bank from South Africa, recently raised an additional $70 million from its latest funding round, led […]

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Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar

DIGIT — Thu, 21 Jan 2021 03:45:58 +0000

According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines for digital asset exchanges,” according to a partner at the international law firm Isolas […]

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