Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The Zug and Singapore-based lender closed the oversubscribed “strategic growth round,” which was led by BTC-focused venture capital firm Fulgar Ventures
crypto banking
Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks
Conio is also deeply involved in the institutional uptake of digital assets, specifically the Euro Token project overseen by the innovation center of the Bank of Italy.
BCB Group’s Deputy CEO Departs After Failed German Bank Acquisition
The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.
Crypto Friendly Xapo Bank Expands to India, Rest of South Asia
Xapo’s CEO said the move “is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape.”
Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report
The Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday.
Silvergate’s Struggles Will Likely Boost Stablecoins’ Role in Crypto Trading: Kaiko
Ailing crypto-friendly bank Silvergate closed its instant settlement SEN platform last week, which has been a key on-ramp for institutional crypto investors to transfer U.S. dollars to exchanges.