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Signature Bank Launches New Digital Payments Technology Platform—Signet
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Signature Bank Launches New Digital Payments Technology Platform—Signet

In a press release disclosed with Blockchain.news, New York-based Signature Bank announces that it is planning to launch Signet, its digital payments platform, on the Fireblocks network.

Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021
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Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021

The Avanti Financial Group has recently become the second cryptocurrency company to get a banking license in the United States.

JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini
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JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini

JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.

UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application
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UK Tech Companies Partner to Develop Blockchain-Based Parcel Tracking Application

Triad, a notable UK provider of IT consultancy services and technology solutions, has partnered with Stratis, a London-based enterprise blockchain technology company, for blockchain-enabled solutions to organizations including a parcel tracking application.

Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism
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Grayscale Investors Buying Bitcoin at Remarkable Rate Despite Goldman Sachs’ Skepticism

New data indicates that institutional clients are increasingly buying Bitcoin via Grayscale Bitcoin Trust despite warning from Goldman Sachs.

BitBay Exchange Plans to End Market Trading of Monero on its Platform
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BitBay Exchange Plans to End Market Trading of Monero on its Platform

As reported by BitBay on November 25, the cryptocurrency exchange platform will stop offering market support for the privacy-focused coin Monero, starting from November 29.

Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market
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Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market

Since the coronavirus patient was identified on Dec. 8, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. According to crypto research firm Chainalysis, China has the status as a crypto investment hub, as it houses the most crypto exchanges in the Asia-Pacific region, which has 40 percent of the world’s top 50 exchanges.

German Stock Exchange Subsidiary Blocknox Unveils Cryptocurrency Custody Services to Institutional Clients
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German Stock Exchange Subsidiary Blocknox Unveils Cryptocurrency Custody Services to Institutional Clients

German Stock Exchange Boerse Stuttgart has made an announcement that its subsidiary Blocknox is expanding its crypto custody service to institutional players.

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities
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How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities

There are so many problems in the world. I’m sure you can name them. But here is another one: online identity fraud, which is rampant these days. It’s common, threatening everyone doing business online, especially businesses involving their activities in banking/financial services, online payment services, real estate, insurance, travel, and online market industries. Now, let's take a look at how this Estonian startup utilizes blockchain technology to help protect businesses and their clients from online identity fraud.

BNY Mellon Joins Marco Polo Trade Finance Consortium
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BNY Mellon Joins Marco Polo Trade Finance Consortium

The Bank of New York Mellon, which boasts nearly $2 trillion under management, is the 28th bank to join the Marco Polo trade finance consortium. And according to CoinDesk, the bank is quite eager to go “live:”

Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services
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Top Four South Korean Banks Announce Plans to Provide Cryptocurrency Custodial Services

Two of South Korea’s top banks have recently announced that they were looking into providing cryptocurrency custodial services to their clients.

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