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Bitcoin Daily: US Banks Eye Third-Party Custodians For Crypto Investors; UK FinTech Cashaa To Launch Crypto Bank In India

PYMNTS

number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a UNICAS is a project of U.K.

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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. According to CB Insights, US fintechs raised $14.6B Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades.

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Fintech on Fire: Deals to Watch

Gonzobanker

The fintech market is smokin’ hot right now. Fintech is no different. Q1 2021 was the largest funding quarter on record, according to CB Insights , with fintechs raising $22.8 Banks and fintechs are in a heated mashup and seeking niches. Fifth Third Bank is acquiring healthcare fintech Provide.

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Singapore Eyes ‘Bringing Together’ Banks And FinTech Firms

PYMNTS

In the coexisting — and sometimes colliding — worlds of FinTech and traditional financial services, a bit of collaboration often evolves. As reported by Bloomberg , the regulator at the helm of Singapore’s financials has embraced an effort to “bring together” FinTech firms and banks there.

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Becoming a “Bahama Mama” Crypto-Style: A Closer Look at The Digital Asset Landscape in The Bahamas

Perficient

Some of these online articles can be found here: OCC Provides Roadmap for National Banks and Savings Associations To Conduct Crypto Activities – Perficient Blogs. Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets – Perficient Blogs. The Pros and Cons of a Potential U.S.

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Bitcoin Daily: Former BitGrail Head Faces Fraud Charges; Exmo Reports Cyberattack; VBT Bank Offers Blockchain-Backed Bank Guarantees

PYMNTS

Italian police charged the former head of cryptocurrency exchange BitGrail, identified by the initials of “F.F.,” cryptocurrency exchange Exmo reported a “major” security breach on Mon. with money laundering, fraudulent banking and computer fraud, Reuters reported. “It They allege that F.F. Meanwhile, U.K.

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Crypto 2020: One Step Up; Two Steps Back

PYMNTS

If 2020 taught us anything about cryptocurrencies, it’s that they’ve reached a tipping point. Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies.