Cryptocurrency Banking News and Dynamics Research

ChainCatcher news, according to CoinDesk, Swiss crypto-friendly financial bank AMINA Bank has announced support for Ripple's newly launched USD stablecoin RLUSD, becoming the first global bank to offer custody and trading services for this currency.It is reported that the service will initially be available to institutional clients and professional investors, with plans for further expansion in the coming months. RLUSD is backed by U.S. Treasury securities and regulated by the New York Department of Financial Services, with a current issuance of $430 million. AMINA Bank stated that its goal is to connect traditional banking with crypto financial infrastructure, and it has established regulated business hubs in Switzerland, Hong Kong, and Abu Dhabi.

ChainCatcher news, according to Cointelegraph, Swiss crypto bank AMINA Bank (formerly SEBA Bank) announced its 2024 financial report, with revenue increasing by 69% year-on-year to $40.4 million, and the scale of crypto asset management growing by 136% to $4.2 billion.The bank's business revenue in Abu Dhabi grew by 150%, Hong Kong's business grew by 570%, and derivatives revenue increased by 40%.

ChainCatcher news, according to Cointelegraph, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Christopher Giancarlo has joined Swiss crypto bank Sygnum as a senior policy advisor. Giancarlo will provide advice to Sygnum on global regulatory and public-private partnership strategies alongside 11 other advisory board members.Sygnum is a Swiss banking group focused on crypto asset services, achieving unicorn valuation after a recent $58 million funding round. Giancarlo served as CFTC Chairman from 2017 to 2019 and is known as the "father of cryptocurrency" for his support of digital asset development. He stated that the global digital asset industry is currently at a turning point for institutional adoption.

ChainCatcher news, according to Barron's, the anti-money laundering and financial crimes unit under the U.S. Department of Homeland Security has launched an investigation into the crypto custody bank Anchorage Digital Bank.The company, backed by Wall Street capital, has publicly supported Trump's policies in the digital asset space. The investigation focuses on its compliance and financial transaction practices, with details not yet disclosed.

According to ChainCatcher news reported by Cointelegraph, the world's largest stablecoin Tether USDT accounts for 85% of the crypto deposits on the Brighty platform, making it the most widely used currency for payroll payments and savings.In B2C savings, Tether USDT accounts for 33%, second only to the euro. In contrast, USDC and Bitcoin each account for only 5% of the crypto deposits on the Brighty platform.Additionally, the Tron-based TRC-20 USDT, due to lower transaction fees, accounts for over 60% of the overall USDT transactions on the platform.