Crypto firm LevelField secures Illinois approval to buy Chicago bank
LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Russia’s largest bank Sberbank secures approval to trade crypto
Sberbank plans to open crypto trading to all clients Dec. 1 and is already testing BTC, ETH and USDT trades in its app.
South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans
Bitcoin Magazine South Korean Lender Jeonbuk Bank to Offer Bitcoin-Backed Loans Jeonbuk Bank has become the first bank in South Ko...
Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge
Standard Chartered has launched custody for Ripple's RLUSD stablecoin as it prepares to expand its use as collateral for instituti...
South Korea’s Jeonbuk Bank Lends Won Against Bitcoin, Using Court Sales for Defaults
Jeonbuk Bank, a regional South Korean lender, has extended a corporate loan in won secured by Bitcoin, under a setup in which the...
Sberbank Lands on Both of Russia’s Crypto Registers With Bank of Russia Exchange Listing
Sberbank can now run crypto exchange services in Russia. The Bank of Russia put the bank on its register of crypto exchange operat...
Russia clears Sberbank for crypto trading ahead of December launch
Russia’s largest bank, Sberbank, has secured crypto exchange authorization as it prepares to offer Bitcoin, Ether and Tether USDt...