2023-6-23 14:21 |
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.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Goldman Sachs is currently under investigation by federal regulators for its involvement in the acquisition of Silicon Valley Bank’s securities portfolio while simultaneously providing advisory services to the struggling lender regarding capital raising, prior to its subsequent collapse this year.
2023-6-16 11:45 | |
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The payments processor also cited crypto market conditions as a reason for the exit.
2023-6-15 19:10 | |
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On Monday, cryptocurrencies saw a decline as investors speculated that the acquisition of First Republic Bank could potentially bring an end to the financial crisis that has been the primary driving force behind this year’s Bitcoin rally.
2023-5-2 23:41 | |
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Quick Take According to the Kobessi letter, JP Morgan said its acquisition of First Republic would generate a one-time gain of $2. 6 billion. Not only that, JP Morgan also expects over $500 million in profit per year from the acquisition.
2023-5-1 16:55 | |
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Raleigh, N.C.-based First Citizens is the 30th largest bank in the U.S., with $109 billion in assets, and recently completed an acquisition of New York-based commercial lender CIT.
2023-3-27 08:37 | |
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The crypto-friendly bank UBS Group AG is purportedly making an offer to purchase the global investment bank Credit Suisse. The post How Crypto-Friendly Will UBS Be Following the Potential Credit Suisse Acquisition? appeared first on BeInCrypto.
2023-3-21 23:21 | |
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Due to the insolvency of several U. S. banks and the ongoing liquidity problems of supposedly over 186 US banks, as well as the acquisition of Credit Suisse by UBS Bank, Bitcoin and crypto are more bullish than ever.
2023-3-20 13:30 | |
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LevelField inched closer to its goal of offering both traditional and crypto banking services following its acquisition of the FDIC-insured Burling Bank.
2023-2-2 23:43 | |
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Silvergate also cut 40% of its staff and has written off the $196 million related to its Diem acquisition.
2023-1-6 21:08 | |
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The crypto-focussed bank is writing off its acquisition of Diem's assets.
2023-1-7 14:55 | |
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The crypto-focussed bank is writing off its acquisition of Diem's assets.
2023-1-5 14:55 | |
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The crypto-focussed bank is writing off its acquisition of Diem's assets.
2023-1-6 14:55 | |
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2022-12-2 20:39 | |
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ZoidPay, the leading Web 3.0 architecture provider, has secured an investment commitment of $75M from digital asset investment firm GEM Digital Limited (“GEM”). The funding is aimed at developing the go-to open architecture for building the next generation of financial services, scaling the first on-demand Metaverse, facilitating the first-ever bank acquisition by a blockchain firm, … Continued The post ZoidPay Receives $75M Investment Commitment From Gem Digital appeared first on BeInCrypto.
2022-11-3 11:56 | |
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The Development Bank of El Salvador, BANDESAL, has refused to disclose the government’s Bitcoin purchase and sale records for the second time, according to an October 31 tweet by the country’s Anti-Corruption Legal Advisory Center (ALAC).
2022-11-2 16:30 | |
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Crypto lending platform Nexo has made the landmark announcement that it has acquired a stake in Hulett Bancorp (DBA Mode Eleven), the holding company that owns Summit National Bank – a US federally chartered bank.
2022-9-28 17:02 | |
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Thailand’s oldest bank is taking its time to consider the agreement it made to purchase the country’s largest cryptocurrency exchange last year. The post Thailand’s Oldest Bank Stalling on Acquisition of Crypto Exchange appeared first on BeInCrypto.
2022-7-16 22:15 | |
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Lawyer John Deaton called a possible acquisition of a stake in SBI Holdings by a Japanese bank positive for Ripple. Lawyer John Deaton on Twitter called a possible acquisition of a stake in SBI Holdings by a Japanese bank positive...
2022-6-23 14:42 | |
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Romania’s central bank approved Elrond’s (EGLD/USD) acquisition of Capital Financial Services S. A. , which operates under the Twispay brand, Invezz learned from a press release. Twispay is a principal member of Visa and MasterCard Twispay is a financial institution that provides payment services and issues electronic money with the central bank’s permission.
2022-3-10 16:08 | |
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Western Alliance Bank today announced it has completed the acquisition of Digital Settlement Technologies, DBA Digital Disbursements, the leading digital payments platform for the class...
2022-1-28 06:46 | |
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CEO Arthit Nanthawittaya said the acquisition was based on the growth of businesses in the digital asset space over the last two years and the expected value in the long term.
2021-11-3 18:45 | |
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Berkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will offer bitcoin investment following its acquisition of brokerage firm Easynvest which offers the trading of Brazil’s first bitcoin exchange-traded fund (ETF).
2021-6-10 03:30 | |
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Strive has launched an interactive piggy bank, Penny the Pig, which shows the child’s balance, chores, goals, and the accumulated rewards. Strive Bank The bank started last winter after the acquisition of GoSave Strive was designed to teach children the importance of finances.
2021-4-21 18:18 | |
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Massive acquisition of cryptocurrencies by large firms has been in vogue in recent days, thus yielding an impressive rally in the price of cryptocurrencies. However, the general manager of the Bank of International Settlements, Agustin Carstens still thinks virtual currencies functionality calls for more regulation.
2021-3-26 22:56 | |
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The major Swiss wealth management and private banking group Julius Baer just launched, in partnership with Seba, its new custodial and trading cryptocurrency services. The announcement was made on January 21, after the minority equity stake acquisition from 2018 and the partnership closed with Seba Bank AG, which happened back in February 2019. According to […]
2020-1-27 20:59 | |
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Credit and payments giant Visa Inc. has reportedly paid over $5 billion for a fintech firm that provides services to connect payments apps to bank accounts. It could be good news for the fintech and crypto industry for the coming years.
2020-1-14 10:06 | |
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The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup.
2019-11-16 17:58 | |
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According to a Silicon Valley Bank survey, more than half of today’s health and tech startups expect to exit via acquisition. All too many founders think their lofty dreams and cleverly worded pitch decks will carry them through to successful exits.
2019-9-18 14:00 | |
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Bakkt, a bitcoin futures market operated by ICE, the parent company of the New York Stock Exchange, is working closely with a major U. S. bank BNY Mellon according to Bakkt COO Adam White. Read about @Bakkt's custody solution and why we've filed to become a NY trust, plus our acquisition of DACC and how we're.
2019-4-29 19:51 | |
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Acquisition To Revolutionize Fin-Tech For Crypto-to-Fiat Transfers? Nimiq recently announced their partnership with WEG Bank AG and Agora. Trade to create a groundbreaking crypto-to-fiat bridge. This strategic collaboration has been further strengthened by Nimiq acquiring a 9.
2019-4-7 10:44 | |
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Banking subsidiary of San Juan Mercantile Exchange begins operating following license acquisition
2019-4-2 17:27 | |
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Morgan Stanley is shelling out $0. 9 billion to acquire stock-plan firm Solium Capital. The acquisition of the firm that mainly specializes in offering Software-as-a-Service for managing employee share plans, ‘financial reporting and compliance’ is expected to bolster Morgan Stanley’s wealth management business.
2019-2-15 13:32 | |
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Every startup is a seed about to grow into something bigger, whether as an independent company or as a perfect fit for an even larger organization. You may not have started your company with this notion in mind, but eventually your employees, investors, and partners will want to know where you’re taking the company.
2019-1-27 16:30 | |
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Global private capital platform CapBridge Pte. Ltd. has garnered a license from the Monetary Authority of Singapore (MAS) to operate a security exchange known as 1exchange (also called 1X), which became operational on November 21, 2018.
2018-11-24 21:31 | |
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Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs.
2018-11-14 00:45 | |
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Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs.
2018-11-14 00:45 | |
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In November 2016, a Dutch cryptotrader tried to buy his first 10 bitcoin, first using funds from his ING bank and later from ABN Amro. Both banks denied the transactions.
2018-8-18 23:22 | |
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Litecoin founder Charlie Lee provided some details about recent acquisition of Litecoin Foundation, and stated that he expects to receive a board position at the German WEG bank, which will positively influence the further adoption of cryptocurrencies in the bank’s operations.
2018-7-18 10:46 | |
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Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG.
2018-7-18 08:09 | |
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Charlie Lee took to reddit Tuesday to clarify his and the Litecoin Foundation's roles in the new acquisition of nearly 10 percent of a German bank.
2018-7-18 23:00 | |
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On July 10th, Founder of the 6th largest cryptocurrency, Charlie Lee announced a partnership between Litecoin and TokenPay wherein the previously acquired 9. 9% of the WEG Bank by TokenPay was moved to Litecoin Foundation.
2018-7-12 21:40 | |
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Litecoin is reporting gains on Wednesday, following news that its foundation has acquired a stake in a German bank.
2018-7-11 18:00 | |
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The acquisition is part of a broader deal between the foundation and TokenPay crypto company, which includes LTC support for TPAY and EFIN coins, and eFin virtual exchange.
2018-7-11 12:34 | |
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PayPal has agreed to enter a $400 million deal to acquire fintech company Hyperwallet Systems Inc. But did the online payment processing company pay for the acquisition using cash or the cryptocurrency Ripple (XRP)? Since its inception in 2000, Hyperwallet has grown to such a size that it is now able to disburse payments to more than 200 countries in a number of ways.
2018-6-29 13:00 | |
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On Monday, the American investment bank JPMorgan & Chase pulled off something pretty remarkable. Ahead of German drugmaker Bayer’s acquisition of the agrochemical company Monsanto, JPMorgan was tasked with collecting the funds so that the deal, two years in the making, could finally be completed.
2018-6-14 15:08 | |
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International regulators propose new transparency measures for banks' crypto asset exposures, following a tumultuous year marked by banking disruptions linked to digital currencies.
The Federal Deposit Insurance Corporation has warned that uncertainty around crypto's legal status, the likelihood of fraud and contagion present key risks to United States banks.
Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape."
The crypto industry is in turmoil, with both major failures, and a lack of banking partners. With the shuttering of major crypto-focused banks like Silvergate, Signature, and the seizure of Silicon Valley Bank (SVB), the sector is scrambling to secure banking partners.
PostFinance will begin offering its 2.5 million customers access to buy, store and sell Bitcoin (BTC) and Ethereum tokens (ETH), thanks to a partnership with Switzerland’s Sygnum Bank.
Regulators are leery of traditional banks offering services to crypto companies, and wary of specialist crypto banks, like Custodia, with new business models. Frances Coppola asks: Where do we go from here?