Mmastodon BusinessBanking first seen 4 d ago, last 1 d ago, peak #4
Kraken parent Payward moves to buy Lithuania's Saldo Bank
Original: Kraken parent eyes EU license with bank acquisition Buying Lithuania-based Saldo Bank would give Payward an upgrade from
Payward, the parent company of crypto exchange Kraken, is in talks to acquire Lithuania-based Saldo Bank, a move that would give the company a full banking licence in the European Union. That would upgrade its current standing from the electronic money institution licence it holds in Ireland, allowing broader banking services across the bloc. Terms of the deal were not disclosed.
Why now: The crypto industry is pushing for regulated banking status in the EU as MiCA rules take effect, making this a notable compliance move.
KrakenPaywardSaldo BankLithuaniaEuropean Union
Rank over time, top of the chart is #1. 35 snapshots from 4 d ago to 1 d ago.
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- Kraken parent eyes EU license with bank acquisition Buying Lithuania-based Saldo Bank would give Payward an upgrade from the Ireland-issued electronic money institutions license it now carries. Terms of the deal were not disclosed. https://www. bankingdive.com/news/payward-k… · AlexJimenez@mas.to · 1
- Kraken parent eyes EU license with bank acquisition Buying Lithuania-based Saldo Bank would give Payward an upgrade from the Ireland-issued electronic money institutions license it now carries. Terms of the deal were not disclosed. https://www. bankingdive.com/news/payward-k… · AlexJimenez@mas.to
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