Zeta Network Group has raised nearly $230.8 million through a private share offering using Bitcoin (BTC) or SolvBTC — a wrapped Bitcoin token issued by Solv Protocol. The […]
Sony’s Banking Arm Eyes US National Bank License for Crypto Services
Sony Group’s banking division has taken the first step towards operating in the cryptocurrency space by submitting an application for a U.S. national bank license. Connectia Trust, the […]
Peter Thiel’s Erebor Secures Key Banking Charter in US
Erebor, a financial services firm backed by billionaire Peter Thiel, has obtained regulatory approval to operate in the United States. This clearance, granted by the Office of the […]
Sony Subsidiary Seeks National Bank Charter for Crypto Services
Sony’s Connectia Trust is seeking a US national bank charter to provide cryptocurrency services, including issuing a stablecoin and managing digital assets. The company’s application marks the latest […]
OCC Grants Erebor Bank License to Enter Crypto Market
Erebor Bank, a fintech company backed by Peter Thiel, has received conditional approval from the OCC to enter the cryptocurrency and AI banking sectors. This significant move signals […]
U.S. Regulators Approve New Bank Focused on Innovative Sectors
The U.S. has granted conditional approval for the launch of Erebor, a new bank aiming to serve companies and investors working within sectors like cryptocurrency, artificial intelligence, defense, […]
Erebor Bank Receives National Bank Charter, Signaling Shift in Cryptocurrency Regulation
Entrepreneur Peter Thiel’s investment firm has played a key role in launching Erebor Bank, the first new bank to receive a national charter since 2018. This move signifies […]
Bujeti: Africa’s Financial Control Center Powering Business Growth
YC-backed startup Bujeti is revolutionizing African business finance by empowering companies with a comprehensive financial control center. Unlike traditional systems focused on payments and wallets, Bujeti takes a […]
Record $15B Bitcoin Seizure Signals New Dawn for Crypto Crime Crackdown
A landmark seizure of $15 billion in Bitcoin from a major international crime ring has sent shockwaves through the cryptocurrency market. This unprecedented act by US authorities, targeting […]
Ripple Expands Global Custody Reach with Absa Group Partnership
Ripple, a prominent blockchain company, has forged a strategic alliance with Absa Group, one of the world’s leading financial conglomerates. This partnership will bolster Ripple’s global custody services […]
Revolut’s UK Banking License Stalls Amidst Regulatory Scrutiny
Revolut’s journey to obtain a full UK banking license has hit a snag as British regulators scrutinize the company’s risk management systems. The London-based fintech firm has been […]
JPMorgan Launches Crypto Trading for Clients, Signaling Strategic Shift
JPMorgan Chase has taken a significant step towards integrating cryptocurrencies into its core business model by launching cryptocurrency trading services for clients. This move marks a strategic shift […]
Citibank to Launch Crypto Custody Services by 2026
Citigroup, a global financial giant with assets exceeding $1.7 trillion, is set to launch crypto custody services by 2026, according to WatcherGuru reports. This move marks the entrance […]
CryptoDotCom Secures Crucial Payment License in the UAE
CryptoDotCom has achieved a significant milestone by receiving preliminary approval for a Stored Value Facilities (SVF) license from the UAE Central Bank. This landmark decision paves the way […]
Tria Raises $12 Million for Self-Custodial Neobank with AI Integration
Tria, a self-custodial neobank focused on both human and AI users, has raised $12 million in pre-seed funding. This investment will propel the company’s development of a global […]