Crypto-Friendly Bank Revolut Launches in the US
The challenger bank reportedly has plans to offer its crypto buying service to US customers in the near future.
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts.
Coinhouse's new status with the Financial Markets Authority should help the firm get banking services in France and bigger institutional clients.
The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs.
Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens.
HSBC is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them.