10,000 Financial Institutions Can Now Let Customers Buy, Sell, Hold Bitcoin T...
Banks and credit unions of all sizes can now facilitate the buying, selling, and holding of bitcoin within their banking platforms thanks to a collaboration between Finserv and New York Digital Investment Group (NYDIG). Finserv currently has about 10,000 financial institution clients. All Banks Can Now Let Customers Buy, Sell, Hold Bitcoin via Bank Accounts Finserv Inc. (NASDAQ: FISV), a global leader in payments and financial technology, announced Wednesday that “Banks and credit unions of all sizes can facilitate buying, selling, and holding bitcoin within their digital banking....
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Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold bitcoin. Furthermore, Allied will keep bitcoin on its balance sheet. Allied Payment Network (Allied), a digital payment service provider for financial institutions, announced Tuesday it has partnered with New York Digital Investment Group (NYDIG), a bitcoin technology and financial services firm. NYDIG....
Venmo has announced that its customers are now able to buy, hold and sell bitcoin directly within the app — but they cannot withdraw it.
Payments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report quotes the company’s President and Chief Executive Dan Schulman saying they hope “the service will encourage global use of virtual coins and prepare its network for new digital currencies that may be developed by central banks and corporations.” “We are working with central....
Manasquan Bank, a mutual community bank in New Jersey serving residents since 1874, has announced it is partnering with the company Bakkt to give its retail clients the ability to buy, sell and hold cryptocurrency through the bank’s mobile banking application.
Manasquan Bank to Give Customers Access to Crypto
A mutual community bank headquartered in Wall Township, New Jersey will give bank customers the ability to buy, sell and hold cryptocurrencies. Manasquan Bank announced this decision on Tuesday in a press release published by Bakkt Holdings, Inc. (NYSE: BKKT). The....
Nigeria’s central bank has a message for domestic financial firms and institutions: don’t touch virtual currencies. The Central Bank of Nigeria’s Financial Policy and Regulation Department has released a new circular advising banks not to "use, hold and/or transact in any way" with the technology. The document cites bitcoin, onecoin, monero and dogecoin as examples, noting that banks that opt to handle digital currencies “do so at [their] own risk”. Notably, the circular also calls for banks to keep tabs on any customers they may have that operate digital currency exchanges.....