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“# Jack Dorsey confirms Square is building an ‘assisted custody’ BTC hardware wallet ” Digital payments firm Square is building a Bitcoin hardware wallet, with CEO Jack Dorsey and hardware lead Jesse Dorogusker both confirming the plan on Twitter. The tech entrepreneur and Bitcoin proponent, first teased the idea for a Square hardware wallet and…
“# First Midwest Bank Trust Division increases Grayscale Bitcoin Trust holdings by 283% ” Illinois-based financial services company First Midwest Bank’s trust division has reported it held 29,498 shares of Grayscale’s Bitcoin Trust as of the second quarter of 2021. According to an institutional investment manager holdings report filed by the First Midwest Bank Trust…
“# Santander’s UK arm follows Barclays in banning payments to Binance ” Spain-based bank Santander’s U.K. business will no longer be allowing its customers to send payments to Binance, citing warnings from the Financial Conduct Authority. Several replies from Santander’s U.K. Twitter help account today said the bank has “decided to prevent payments” to the…
“# Bank of America reportedly establishes crypto research team ” A new team at the second-largest bank in the United States will reportedly be devoted entirely to researching cryptocurrencies. According to a Thursday Bloomberg report, Alkesh Shah from Bank of America’s data and innovation strategy group will be leading a team looking into digital assets….
“# Thailand’s central bank warns against using digital currencies for payments ” The Bank of Thailand has issued a warning to crypto holders who use their digital assets as a medium of exchange, saying if these practices become widespread it may take strong regulatory measures. In a Thursday statement, the central bank said anyone who…
“# Fiat-to-crypto onramp Simplex integrates SEPA Instant for European partners ” Cryptocurrency payment provider Simplex has added SEPA Instant to its list of payment methods, giving European partners the ability to move funds into digital assets with greater ease and flexibility. SEPA stands for Single European Payment Arena, which enables payment harmonization across the European…
“# Gaming giant Ubisoft joins Aleph.im as core channel node operator ” French video game developer Ubisoft is furthering its blockchain ambitions by joining the Aleph.im network in the capacity of channel node operator, setting the stage for further collaboration with the distributed cloud platform. As a core channel node operator, Ubisoft is contributing to…
“# BREAKING: Stablecoin firm Circle to go public in $4.5B blank-check deal ” Circle, a Goldman Sachs-backed fintech company focused on stablecoin development, has officially announced Thursday its plans to go public. Under the terms of the agreement, a new Irish holding company will acquire both Concord and Circle and become a publicly-traded company that…
“# Young Koreans’ debt soars as they turn to crypto, stocks and real estate ” Household debt for younger Koreans — those born from the 1980s onward — has surged to $22.7 billion, up from $3.9 billion from last year. Data from South Korea’s Financial Supervisory Service (FSS), released today by Representative Kim Han-jeong of…
“# Meitu loses $17.3M on Bitcoin, gains $14.7M on Ether ” Hong Kong tech company Meitu has taken a $17.3 million hit on its Bitcoin (BTC) holdings — but on the upside, its Ether (ETH) holdings have gained $14.7 million. The developer of popular Photoshop-style apps spent a total of $100 million on BTC and…