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Category banks

German Banks to Open Crypto Trading for 50 Million Customers

German Banks to Open Crypto Trading for 50 Million Customers

In Brief Germany's savings and cooperative banks will offer crypto trading inside their own apps. DZ Bank's meinKrypto is live in the VR Banking A...
Central Banks Buy 41 Tonnes of Gold While Prices Log a 4th Straight Monthly Loss

Central Banks Buy 41 Tonnes of Gold While Prices Log a 4th Straight Monthly Loss

In Brief Central banks bought a net 41 tonnes of gold in May, WGC data shows. Poland led with 18 tonnes, while China extended its buying streak to...
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT

French banking giant Crédit Agricole rolls out euro stablecoin, EURXT

EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.
Revolut Reveals the Hiring Secret Behind Its $75 Billion Rise

Revolut Reveals the Hiring Secret Behind Its $75 Billion Rise

In Brief Revolut reviewed over 1 million applications last year to hire just 1,000 people. A 0.1% acceptance rate reflects its bet on talent densi...
Circle’s USDC Becomes First Stablecoin Supported by BNY Mellon for Institutional Clients

Circle’s USDC Becomes First Stablecoin Supported by BNY Mellon for Institutional Clients

America's oldest bank will allow institutional clients to store, mint, redeem, and transfer USDC.