No Crypto Banking Port Has Really Opened Up in This U.S. Storm
The largest U.S. bank, JPMorgan, hasn’t slammed the door on crypto companies, but it’s being especially careful with any new customers, according to a person familiar with the situation. It won’t take on any full-on crypto businesses, but it’s still willing to extend basic banking services to a handful of companies that touch the industry, the person said, such as firms investing in some crypto projects.
Related Posts
Bitcoin News Roundup for Aug. 25, 2020
Aug 25, 2020 at 16:00 UTCBitcoin News Roundup for Aug. 25, 2020With bitcoin still under $12K and Aave pulling ahead of MakerDAO, CoinDesk’s Markets Daily is back for your latest crypto news roundup! For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. Today's stories:Today’s…
Bitcoin News Roundup for Jan. 22, 2021
With bitcoin back above $30K and analysts calling for a deeper correction, CoinDesk’s Market’s Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories: A mixture of bearish price-chart patterns and ill-understood news items combined to cause bitcoin’s biggest price plunge since March,…
Binance Launching NFT Loan Feature
Binance marketplace is launching a non-fungible token (NFT) loan feature where digital asset holders can secure ETH loans by using their NFTs as collateral.The new service, called Binance NFT Loan, "will allow people to use blue-chip NFTs to borrow crypto, starting with ETH, introducing the benefits of DeFi to the Binance NFT community," Binance said…
Binance to Open Beijing Office Amid China’s Renewed Blockchain Push
feature Malta-based cryptocurrency exchange Binance is opening an office in Beijing, two sources with knowledge of the matter told CoinDesk. The new outpost will join Binance’s current mainland China office in Shanghai. It’s not clear what exactly the office will do or when it will open, but the move follows a slew of announcements from Chinese…
SEC Can Argue for Right to Appeal Groundbreaking XRP Ruling in Ripple Case, Judge Says
A federal judge has let the U.S. Securities and Exchange Commission (SEC) argue it can appeal against her ruling that Ripple didn’t violate securities laws in making XRP available to retail traders by putting it on exchanges.Judge Analisa Torres, of the U.S. District Court for the Southern District of New York, granted the request for…
Game Creator Lucid Sight Bringing ‘Star Trek’ to the Blockchain
news Blockchain games developer Lucid Sight is teaming up with media firm CBS Interactive to bring “Star Trek” game play and collectibles to the blockchain. Lucid Sight announced Tuesday that it has signed a deal with CBS to introduce the iconic starships from the popular TV and film franchise into a digital universe through its…
Crypto Price Betting Game MoonRekt Now Allows Bitcoin Wagers
news Hxro, the startup behind the crypto-denominated game of skill, chance, and social engineering – MoonRekt – announced that players will be able to wager bets in bitcoin. From 600 early-stage users, MoonRekt has grown to more than 37,000 registered players – albeit if some were enticed with free HXRO, tokens native to the platform.…
Flipside Crypto Raises $7.1 Million to Give Tokens Better Analytics
feature Data analytics startup Flipside Crypto, already backed by Coinbase Ventures and Digital Currency Group, has raised another funding round to solidify its service offerings. Galaxy Digital, headed by hedge fund veteran (and runway model) Mike Novogratz, led a fresh $7.1 million round in Flipside Crypto this summer. Previous investors, such as Castle Island Ventures,…