Student loan and financial service provider Social Finance Inc. (SoFi) has received conditional approval from the Office of the Comptroller of the Currency (OCC) to create a full service national bank, provided the new entity does “not engage in any crypto-asset activities or services,” the OCC announced on Tuesday. The approval accounts for SoFi Bank, […]
SoFi Can Launch Bank Provided It Doesn’t Touch Crypto
From Bachelor to Crypto Bull: The Matt James Story
“All my life, I’ve gotten to where I’ve gotten to by doing things that other people wouldn’t do … putting myself into situations that could make or break me.” TV personality Matt James is used to putting his head, heart and resources on the line, whether it’s on the romantic reality TV show “The Bachelor” […]
BitMEX CEO, CFO to Buy One of Germany’s Oldest Banks
BXM Operations, a firm founded by the CEO and CFO of crypto trading platform BitMEX, plans to purchase Bankhaus von der Heydt, one of the oldest banks in Germany. The Munich-based bank’s current owner, Dietrich von Boetticher, has signed a purchase agreement with BXM, BitMEX announced Tuesday. Terms of the deal were not disclosed. Bankhaus […]
CoinDesk DACS
DACS was created in response to the significant growth in terms of the number and types of digital assets offered in the market and the realization that traditional classification standards used for equities and other asset classes could not be adapted accurately to classify digital assets. While DACS is unique to digital assets, it will […]
Bitcoin Dips Below $40K as ‘Death Cross’ Looms on Price Charts
They call it bitcoin’s “death cross” – a bearish indicator that appears when the 50-day moving average (MA) dips below the 200-day MA. The ominously named chart pattern looks set to be confirmed this week amid mounting concerns of faster liquidity withdrawal by the U.S. Federal Reserve (Fed), a bearish development for bitcoin and asset […]
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