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Banking
Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources
BBVA is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans.

Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

US Regulator Seeks End to Bank Deplatforming of 'Disfavored' Industries (Like Crypto)
Call it the CPR for Operation Choke Point.

Gemini Exchange Is Using ClearBank for UK Banking Services
Gemini announced it was expanding into the United Kingdom in late September.

Robinhood Gearing Up for Potential IPO in Early 2021: Report
Robinhood is looking for a banking team to partner in an IPO that could come next year.

Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC
If its application is approved, Anchorage would be the first crypto company to get a national bank charter.

This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs).

Binance.US Joins SEN, Silvergate’s 24/7 Crypto Trading Club
Binance.US has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network operated by Silvergate Bank.

SoFi Receives Conditional US Regulatory Approval to Establish National Bank
The approval, if made final, opens the door for the new bank to custody cryptocurrencies.

Avanti Financial Joins Kraken as a Wyoming-Approved Crypto Bank
Blockchain pioneer Caitlin Long is now the CEO of her own special purpose depository institution (SPDI) in Wyoming.
