Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects.
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South Korean banks doubled crypto transaction fee revenue in Q2
Shinban Bank, K bank and NH Nonghyup Bank reported a total revenue of 16.9 billion won coming out of partnerships with four crypto exchanges.
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Circle plans to become a full-reserve national digital currency bank
Circle is willing to operate under the supervision of the Federal Reserve, the U.S. Treasury, the OCC and the FDIC, CEO Jeremy Allaire said.
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A trade war misstep? China is vacating crypto battlefield to US banks
Why is China forsaking cryptocurrencies at the same time that legacy U.S. banks, long wary of crypto, appear to be discovering its virtues?
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State Street to launch crypto services for private funds clients
After leading Lukka’s Series C funding round in late 2020, State Street partners with the firm to offer new digital asset services.
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Anchorage Digital will custody crypto seized by US Marshals
Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage’s “stringent processes and procedures” as likely factors in the decision from the federal agency.
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