Daily Crypto News 30 July

Coindesk announced that the first Colombian commercial bank plans to issue deposits and withdrawals with the crypto exchange. Deposits and withdrawals will go through the Chilean crypto exchange Buda.com. Earlier this year, the bank launched a pilot program for crypto asset business models.

 

Coindesk reported that State Street is about to plan to offer crypto services to its clients from private funds. The software he will use is from Lukka to include digital assets. State Street also unveiled the infrastructure for a new crypto trading platform called Pure Digital.
 

New stable DeFi coins have the potential to reduce volatility, Cointelegraph reported. An asset may remain close to its value if the protocol has the ability to automatically manage deliveries by cutting and burning assets in response to market conditions.