Crypto Exchange QuadrigaCX Awaits Ruling on $22 Million in Frozen Funds

2018-10-10 00:00

QuadrigaCX is waiting on a judge's decision after the Canadian Imperial Bank of Commerce froze CA$28 million in multiple bank accounts.

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The Daily: EU Budgets €1M to Monitor Crypto, Wyoming Mulls Fintech Bank

The European securities and markets watchdog ESMA has dedicated over 1 million euros to finance the monitoring of developments in the crypto sector. Also in The Daily this Saturday, Wyoming legislators are working on a bill that would facilitate the provision of banking services to crypto and blockchain companies, and according to a new survey, […] The post The Daily: EU Budgets €1M to Monitor Crypto, Wyoming Mulls Fintech Bank appeared first on Bitcoin News.

2018-10-7 16:50


UBS Banker-Run Regulated Crypto Bank has Bitcoin ETF Level Importance for Budding Crypto Industry

The former UBS executives of Swiss multinational investment bank raised $104 million this week to start the first regulated crypto bank. Launching such a fully licensed and regulated digital currency kind of a bank could prove just as vital as having a Bitcoin exchange-traded fund (ETF). ETF Vs Bank In the last nine months, even […]

2018-9-29 20:19


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Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank

A Swiss cryptocurrency startup has raised over $103 million from private investors to build a crypto bank, reported Reuters on Sept. 27. Providing Banking to Crypto The parent company, SEBA Crypto AG, aims to provide financial services to cryptocurrency businesses across the globe, circumventing the problematic legislation and internal policies that most crypto-firms face while […] The post Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank appeared first on CryptoSlate.

2018-9-28 00:30


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Bitwala Promises ‘Blockchain Bank’ Operations Will Begin From November

German money-transfer-turned-Blockchain-banking startup Bitwala has confirmed its integrated fiat and cryptocurrency bank account will go live in November following a €4 million funding round. ‘Closing Gap’ Between Fiat And Crypto Banking In a press release from September 25, Bitwala, which shuttered its previous cryptocurrency debit card offering in January when Visa cut ties with issuer Wavecrest, said an undisclosed German partner bank would now take over regulatory responsibilities.

2018-9-25 17:00