Fraud platform integrates JPMorgan’s blockchain solution to verify vendor banking data
Trustpair taps JPMorgan's blockchain-based solution Confirm to reduce payment fraud risk and reduce delays.
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The development positions BNY Mellon to challenge Coinbase's current dominance in crypto asset management.
The crypto bank also expressed interest in expanding its services into Hong Kong.
Regulatory challenges and massive withdrawals by clients forced Silvergate to cease operations and ultimately file for bankruptcy.
The bank reported a strong increase in crypto trading volumes on its digital exchange, DDEx.
The enforcement action is the second one within a month, as the financial watchdog also hit Customers Bank in early August.
ZKB said it will secure the private keys of its customers and ensure thier asset security.