Abele Trust (BANK) News


Avanti US crypto bank

First regulated US crypto-bank will launch

by

Well-known cryptocurrency supporter and co-founder of Wyoming Blockchain Coalition, Caitlin Long announced the development of a new bank focused on providing regulated services in the field of digital currencies. The Blockstream technology company, known for its developments in the field of...

Banks Germany crypto

More than 40 German banks want to become Bitcoin custodians

by

According to the German Federal Financial Supervisory Authority, more than 40 banks are interested in obtaining a license for crypto depository services, reports Handelsblatt. On January 1, 2020, the updated Anti-Money Laundering Law entered into force, which requires a license to provide customers...

Santander Ethereum bond

Santander bank redeemed issued $20 million Ethereum-bond

by

Santander, which is the largest bank in Spain, redeemed a $20 million bond, issued on the Ethereum blockchain this September. The head of digital investment banking at Santander and chairman of Enterprise Ethereum Alliance, John Whelan, also wrote about this in his Twitter account. We just...

Mike Novogratz bank

$58 million: 3 quarters profit of Mike Novogratz crypto bank

by

The net cumulative income of Galaxy Digital, the cryptocurrency trading bank for the first nine months of this year, was $58.4 million, despite a net loss of $68.2 million in the third quarter. The most problematic enterprise for Galaxy in the third quarter was the OTC platform. It accounts for...

Royal Bank of Canada

Royal Bank of Canada plans to launch a crypto exchange

by

Reportedly the most extensive by market capitalization bank of Canada is going to launch its crypto exchange. Royal Bank of Canada’s patents revealed some of the technologies that the financial institution may integrate and which would bring digital currency trading to RBC’s 16 million clients....

Silvergate IPO

Silvergate bank goes public on the New York Stock Exchange

by

On Thursday, Nov. 6, a crypto-friendly Silvergate bank started marketing its shares on the New York Stock Exchange. The IPO day of the bank was exactly after a year it has registered for going public, according to a tweet in NYSE account. NYSE Opening Bell 🔔: Silvergate (NYSE: $SI) celebrates...

Italy’s Banking industry is going to boost cooperation with blockchain

Italy’s Banking industry is going to boost cooperation with blockchain

by

Finextra published that starting from March 2020 The Italian Banking Association (ABI) is going to deploy blockchain technology to manage reconciliations. The primary thing that’ll be implemented in the banking system of Italy is the distributed ledger technology for agreements acceleration....

Alior bank in Poland applies Ethereum blockchain for new authentication feature of documents

Alior bank in Poland applies Ethereum blockchain for new authentication feature of documents

by

Several banks all over the world have already tried themselves in the usage of blockchain technologies. Commonly, they are implementing systems on permissioned ledgers that only invited participants can join, but Poland’s Alior bank took the game to a higher level. Alior bank declared that it...