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Bitcoin Daily: US Banks Eye Third-Party Custodians For Crypto Investors; UK FinTech Cashaa To Launch Crypto Bank In India

PYMNTS

number of big crypto custodians like Anchorage, Coinbase, and a number of others, have been contacted by banks about whether they’d be willing to be like the third-party custody providers for national banks whose customers want to invest in bitcoin,” he said, according to CoinDesk. “Well, what I have heard.a

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Why is Southeast Asia’s Largest Bank Making a Play in Crypto-Assets?

Fintech News

The approval of Bitcoin Spot Exchange Traded Funds (ETFs) by the US Securities and Exchange Commission earlier this year for one, has boosted sentiment while across the globe, governments are actively working towards spelling out new rules for this asset class, suggesting much potential for further growth and development.

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Bitcoin Tracker: The Unbanked-Profit Dilemma

PYMNTS

Can the unbanked benefit from bitcoin, or are they merely the experimental subjects of bitcoin adherents, lobbyists and scientists? This week’s Bitcoin Tracker takes a look at the recent bitcoin projects that are in the news and that are targeting the unbanked. Vogel also wanted to clarify regulations surrounding bitcoin.

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New Bank of Bahrain Investment Product Pairs Bitcoin Growth Potential With Capital Security

The Fintech Times

In a move to offer accredited investors the ability to capitalise on Bitcoin’s long-term growth while ensuring capital preservation, the National Bank of Bahrain (NBB) has launched a new Bitcoin-linked investment product, developed in partnership with digital asset financial services firm ARP Digital.

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Singapore is A Global Leader in Crypto Adoption – Here’s Why

Fintech News

Singapore, long known for its financial prowess and technological innovation, has emerged as an unexpected leader in cryptocurrency adoption. From the bustling streets of Marina Bay to the fintech hubs in the Central Business District, cryptocurrency has woven itself into the fabric of Singaporean life.

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DBS Plans to Offer Crypto Options, Structured Notes for Institutional Clients

Fintech News

According to DBS , it is the first bank in Asia to offer financial products linked to the value of Bitcoin and Ethereum, the two most prominent cryptocurrencies. Currently, DBS clients can trade digital assets through cryptocurrency and security tokens on the DBS Digital Exchange (DDEx).

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5 Top Fintech Trends Shaping the APAC Region in 2024

Fintech News

Cryptocurrencies Market Resurgence The resurgence in cryptocurrency prices and the anticipated halving of Bitcoin in mid-2024 has reignited interest in the potential of distributed ledger technology to reshape the financial landscape. It remains to be seen how the industry will evolve and address these challenges in 2024.

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