The Provident Bank Now Offers Deposit Services for Crypto-Related Entities

U.S.-based bank The Provident Bank has begun offering deposit services to digital currency-related customers. American community bank The Provident Bank has begun offering deposit services to digital currency-related customers, according to an announcement published on July 9. The Provident Bank now offers deposit and other banking services to cryptocurrency issuers, exchangers and investors. The bank […]

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Binance Expands Fiat Trading Pairs for Singapore Exchange

Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore. Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore in a press release shared with Cointelegraph on July 10. Binance Singapore has been first launched in April, but with limited functionalities and only one trading pair. […]

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Coinbase Looks to Launch a Captive Insurance Company With Aon: Report

Major United States-based cryptocurrency exchange Coinbase is reportedly looking to launch a captive insurance company. United States’ biggest cryptocurrency exchange, Coinbase, is reportedly looking to launch a captive insurance company, industry news outlet Coindesk reports on July 10. Per the report, industry sources told the outlet that Coinbase is looking to launch its captive insurance […]

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Ex-PBoC Governor: China Must Take Precautions Against Libra Trend

The former People’s Bank of China governor says “China should take precautions” against the trend represented by Facebook’s Libra cryptocurrency. The former governor of the People’s Bank of China (PBoC) says “China should take precautions” against the trend represented by Facebook’s Libra cryptocurrency. Twitter-based Chinese crypto news source CnLedger reported on Xiaochuan Zhou’s remarks on […]

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