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Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets under administration surpassing $4 billion, Sygnum caters to clients from over 60 [&#8230;]

Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth

PYTH

Swiss crypto bank Amina Bank has partnered with Pyth Network to provide more accurate price feeds for users. This collaboration brings Amina Bank closer to its goal of enhancing the user experience and accessibility of Web3 applications. The real-time price feeds allow Amina Bank to generate an entirely new revenue stream for its business without [&#8230;]

Swiss Crypto Bank Amina Partners Pyth Network to Provide Accurate Price Feeds

The Hong Kong Monetary Authority said on Sept. 10 that crypto firms presenting themselves as banks are in contravention of the region&#8217;s Banking Ordinance. The HKMA argued such descriptions &#8220;may mislead members of the public into believing that those crypto firms&#8221; are financial institutions that they can trust. False Descriptions Contravene Banking Ordinance The Hong [&#8230;]

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Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth

Swiss Crypto Bank Amina Partners Pyth Network to Provide Accurate Price Feeds

Swiss Crypto Bank Amina Partners Pyth Network to Provide Accurate Price Feeds

Hong Kong Regulator Says Crypto Firms Claiming to Be Banks Are in Contravention of Banking Ordinance