Zurich-based Maerki Baumann will be the first to offer its customers the Ethereum staking possibilities provided by InCore Bank. InCore’s platform is fully compliant with KYC and AML regulations and uses SDX Web3 services.

The deal will enable PostFinance customers to seamlessly buy, sell and hodl a range of cryptocurrencies, including bitcoin and ether. Digital asset services will be integrated via Sygnum’s fully compliant B2B digital assets banking platform.

After the failure of three U.S. banks (with varying degrees of crypto exposure) in the space of a week last month, the sector seems to have settled back into relative calm, at least for the time being. So it would seem like the perfect opportunity for a recap.

The proposed scheme, in the emerging GIFT City financial hub, will allow customers of Indian banks to make and receive instant US dollar transactions, with 24/7 clearing and settlement processes using distributed ledger technology.

The bankers are finally coming around to the fact that blockchain technology is a far more efficient vehicle for the transfer of wealth. So now they’re trying to come up with ways to stop that wealth from transferring away from them.

Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX, criticized both custodian and decentralized stablecoins and proposed a new stablecoin called the Satoshi Nakamoto Dollar, or NakaDollar (NUSD). Unlike existing stablecoins, NUSD would be supported only by Bitcoin.

Datachain, Mitsubishi UFJ Trust and Banking Corporation, and Soramitsu announced a technology alliance to enable smooth transfer and exchange of stablecoins to be issued in Japan.

Hong Kong’s recent proposals for a crypto-friendly licensing regime in the region have seen Chinese state banks offering their services to the city’s crypto companies, despite a blanket ban on the mainland.