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Swiss crypto bank Sygnum Bank has reported profitability for the first half of 2024, largely due to a spike in trading volumes following the approval of Bitcoin and Ethereum ETFs in the U.S.

Coinbase has announced the addition of three new members to its board of directors as part of its strategic efforts to influence U.S. crypto policy.

Ripple has successfully expanded its liquidity network to over 80 markets globally. By building innovative liquidity pathways, the fintech company aims to make cross-border payments faster, more affordable, and seamless.

On July 25, non-bank Revolut announced that it had received a restricted banking license from the UK’s Prudential Regulation Authority (PRA), which oversees the banking sector.

2023 was a tough year for Binance – from the Paxos lawsuit, to Changpeng Zhao’s sentence, to the change in management.

Renowned economist Peter Schiff has warned that conditions in the cryptocurrency sector are predisposing for a potential crash.

HSBC Australia has implemented a ban on payments to cryptocurrency exchanges starting July 24, 2024.