In an announcement on Wednesday, VersaBank said it plans to launch a digital currency called VCAD, which will reportedly be backed by Canadian dollars deposited with the bank. The Canadian bank claimed that VCAD would […]
Reports that legacy banks like BNY Mellon and Deutsche Bank are becoming active in the cryptocurrency space, including through custody services, should come as welcome news for crypto investors. Lost or misplaced private keys, after […]
Sberbank, the largest state-owned bank in Russia, has reportedly filed an application with the Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin. Sergey Popov, director of the transaction business at Sberbank, […]
VTB, the second largest bank in Russia after Sberbank, has piloted a new blockchain-based system to issue bank guarantees. According to an official announcement on Dec. 16, VTB provided a blockchain-enabled bank guarantee to the […]
The Puerto Rico Office of the Commissioner of Financial Institutions (OCIF) has granted permission to FV Bank to provide custody services for cryptocurrency assets such as Ethereum and Bitcoin. The institution plans to integrate the […]
A Puerto Rico-based digital challenger bank is launching a custody service for digital assets, offering clients the chance to securely store and exchange major cryptocurrencies from early 2021. FV Bank (which stands for fintech ventures) […]
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