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Spain’s Second Largest Bank BBVA Launches Bitcoin Trading and Custody in Switzerland
10.12.2020
BBVA, the second-largest bank in Spain, has announced the launch of its bitcoin trading and custody service through its Swiss subsidiary. Beginning with bitcoin, BBVA plans to expand its services for other cryptocurrencies. BBVA Rolls Out Bitcoin Trading and Custody Services BBVA announced...
ECB Boosts Emergency Bond-Buying Program By 37% to €1.85T Amid Pandemic Resurgence
10.12.2020
The ECB says the additional monetary policy actions were needed because of a resurgence in coronavirus cases
Singapore’s largest bank DBS sets up crypto exchange platform
10.12.2020
Singapore’s stock exchange SGX will also have a stake in the platform
As Citizens Suffer Central Banks Flush Trading Houses With Trillions, Ease Corporate Strains
10.12.2020
Central banks across the world have been increasing stimulus and letting inflation run high in order to combat the disastrous economic effects of the coronavirus outbreak response. The Bank of Japan has recently become the country’s largest stockholder and the European Central Bank...
DBS Bank’s Digital Exchange to Begin Trading Crypto ‘Next Week’
10.12.2020
The DBS Digital Exchange is 10% owned by Singapore's SGX stock exchange
Bitcoin will gain from distrust in traditional finance, says bank strategist
10.12.2020
Will Bitcoin end the dollar’s supremacy one day?
Israel's Bank Hapoalim joins blockchain bank guarantee platform
10.12.2020
Blockchain is changing how banks handle debt
Paxos seeks approval to become fully-regulated crypto bank
10.12.2020
The stablecoin issuer and PayPal partner wants to increase its range and scope of services by becoming the first crypto services provider to be regulated at both state and federal levels
Standard Chartered to Launch Crypto Custody Service for Institutional Investors Next Year
10.12.2020
SC Ventures, the innovation and ventures unit of Standard Chartered, will launch a crypto custody service targeting institutional investors in London next year. According to a Dec. 9 press statement, the British bank is partnering with U.S. wealth and asset management firm Northern Trust for...
Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter
9.12.2020
Stablecoin issuer and crypto services firm Paxos has filed to become a federally-regulated bank in the U.S. According to a public document released Wednesday and dated Dec. 8, Paxos is seeking to create the Paxos National Trust, filing an application with the Office of the Comptroller of...
BitPay files with OCC to become national crypto-native trust bank
9.12.2020
Another crypto player has taken steps to go mainstream, but a lot of work still remains ahead
‘Absolutely Inevitable’: Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption
9.12.2020
Standard Chartered Bank CEO Bill Winters sees the adoption of digital currencies as “absolutely inevitable.” He says there is a role for both private digital currencies and state-backed ones. His bank subsequently announces that it is launching a crypto custody service, supporting...
Crypto Asset Manager NYDIG Hires Tech-Savvy Banker to Pitch Its Wares to Institutions
9.12.2020
Former Quontic Bank executive Patrick Sells will be responsible for developing NYDIG’s white-labeled crypto services for banks
Crypto Startup BitPay Files to Become Federally Regulated US Bank
9.12.2020
Crypto payments firm BitPay has filed to become a national bank in the U.S
Standard Chartered, Northern Trust to Launch Crypto Custody Service in the UK
9.12.2020
Zodia Custody is currently pending approval by the U.K.'s Financial Conduct Authority and is expected to launch in 2021
ING Bank Opens Up About Crypto Custody Solution at Singapore Fintech Event
9.12.2020
Speaking at the Singapore Fintech Festival, ING's blockchain lead spoke publicly for the first time about the bank's trials with digital assets
Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
9.12.2020
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). Crypto Exchange Founder Taken Into Custody by Chinese Police...
Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush
9.12.2020
On Monday, the U.S. bank Wells Fargo’s wholly-owned subsidiary and registered investment adviser the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The institute’s contributing author and Head of Global Asset...
Standard Chartered Bank to Launch Crypto Trading for Institutional Investors: Sources
8.12.2020
Standard Chartered has gathered a group of crypto exchanges for a new digital asset trading platform tailored to the institutional market
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...