Crypto Services

MailChimp CEO Ben Chestnut has announced that he’s stepping down from his executive role to be replaced by Rania Succar. Interestingly, his resignation is occurring shortly after multiple crypto companies have reported being ejected from the platform.  In a tweet on Tuesday, Decrypt editor-in-chief Daniel Roberts said Mailchimp deactivated the firm's newsletter account “without warning or explanation.” Decrypt is a cryptocurrency news publication founded by the blockchain software technology company, Consensys. Messari – a crypto markets intelligence provider – has…

Spanish banking giant Santander is planning to start offering crypto trading services in Brazil in the coming months. Local newspaper Folha de S. Paulo reported on July 28, citing the bank’s CEO, Mario Leao. According to Leao, Santander might introduce crypto trading in its next quarterly results or earlier. Explaining why the bank has decided to offer crypto services, Leao said: We recognize that it is a market that is here to stay, and it is not necessarily a reaction…

Speaking to the Financial Times, Tuchman revealed that Citi is seriously considering launching crypto trading, financing, and custody services. Tuchman mentioned that there are different options from their perspective, and they are considering where they can best serve clients. He added that this would not be a prop-trading effort, referring to trades a bank makes with its own money.  The move will render it the latest Wall Street bank to do so. Earlier, Morgan Stanley announced that it would allow…