UK’s Starling Bank to Lift Ban Blocking Payments to Crypto Exchanges in 3 Weeks
The temporary ban was in response to concern about “high levels of suspected financial crime” associated with such payments.
A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.
State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more.
Switzerland-based Sygnum Bank is helping institutional clients get staking rewards from the new Ethereum network. And they’re not alone.
The committee proposed splitting crypto assets into two groups: those eligible for treatment under existing frameworks and those that are not.
This is the first time Anchorage has extended ETH-backed loans through a traditional, FDIC-insured bank.
"We created an Office of Innovation, updated the framework for chartering national banks and trust companies, and interpreted crypto custody services as part of the business of banking. I have asked staff to review these actions," Acting Comptroller Michael Hsu said.