Cryptocurrency lender Nexo has acquired a minority stake in Summit National Bank, a financial institution regulated by the Office of the Comptroller of the Currency (OCC).
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CoinDesk: Robo-Advisor Betterment Partners With Crypto Exchange Gemini to Offer Customized Crypto Portfolios
The partnership gives Betterment’s 730,000 customers access to customized crypto investment plans based on their risk profiles and interests.
The cross-chain lending protocol has raised almost $40 million since June 2021.
Robinhood has been steadily moving away from its original “walled garden” approach to crypto over the past year.
Three projects were announced by governor François Villeroy de Galhau as he seeks to realize the potential of wholesale central bank digital currencies
The new rules would require crypto exchange operators to share customer information when assets are transferred between platforms.
European fintech unicorn Revolut has finally won registration from the United Kingdom’s Financial Conduct Authority (FCA) to offer crypto services in the U.K. following a lengthy wait.
Interpol has issued a Red Notice for Kwon’s provisional arrest pending extradition as a worldwide search for the Terraform Labs co-founder continues.