Temenos to Offer Institutional Clients Crypto Services

  • The banking software provider decided to integrate with Taurus to provide its customers with access to crypto services.
  • The more than 3,000 Temenos institutional clients will now be able to use services such as tokenization, staking, DeFi, trading and custody of crypto.

MoneyGram to Enable Retail Bitcoin Buying, Selling in the U.S.

  • The collaboration between the payment service provider and Coinme will allow U.S. customers to buy and sell Bitcoin at 12,000 locations across the country.
  • While initially targeting U.S. customers, the new service will also be available at "select international markets" by the end of the year.

Revolut to Support Crypto Withdrawals

  • Elliptic will provide Revolut with an automatic compliance solution that meets FCA requirements.
  • Revolut Metal customers in the U.K. will be able to withdraw their cryptocurrencies, with the service set to roll out globally in the future.

BitPay Adds DAI, WBTC as Payment Options

  • The addition of DAI and WBTC brings the total number of tokens BitPay supports to 10.
  • Expanding its offering is part of BitPay's larger plan to offer alternatives to traditional payment methods.

Citigroup Exploring Crypto Amid Increased Interest

  • Citigroup put crypto under consideration after it saw an increase in its clients interest for Bitcoin around August 2020.
  • The company said it was not going to rush the launch of the service until it was confident it could build "something that benefits clients and that regulators can support".

Wirex Migrates a Portion of WXT to Ethereum

  • A fifth of WXT's total supply (2 billion tokens) will be moved from Stellar to Ethereum.
  • The move is part of Wirex's wider plan to widen access to DeFi and boost crypto adoption.

Revolut Enables Bitcoin Withdrawals in U.K.

  • The new crypto withdrawal service is still in beta, and is limited to only U.K.-based customers with Revolut Metal accounts and Bitcoin withdrawals.
  • Once the beta is finished, Revolut is likely to roll out the service to more jurisdictions, and support more digital assets.

Cryptocurrencies Are PayPal’s Key Growth Engine, CEO Says

  • PayPal recorded a net profit of $1.10 billion in Q1 2021.
  • CEO David Schulman said its crypto efforts have been hugely successful and that PayPal will roll out a digital wallet in Q3 2021.

NYDIG, FIS to Offer Bitcoin Trading to Banks

  • The firms have claimed "hundreds" of banks have signed up for the new program, though most of them smaller financial institutions.
  • The solution will allow banks to offer Bitcoin trading to their customers directly from their existing accounts.

MasterCard Survey Shows Increased Appetite For Digital Assets

  • Four in ten MasterCard users said they plan to use cryptocurrencies in the next year, while 77% said they would like to know more about the asset class.
  • The survey is expected to encourage businesses to expand their payment options.