Tag: Banks
Big Banks Join Crypto: Societe Generale Debuts Dollar Stablecoin
Reading time: < 1 minuteBreaking new ground, Societe Generale is rolling out a dollar-pegged stablecoin, marking the first major bank-backed entry into the fast-growing stablecoin market.
JPMorgan’s Bitcoin ETF Collateral Move Signals Mainstream Crypto Shift
Reading time: < 1 minuteJPMorgan Chase is set to accept Bitcoin ETFs as loan collateral in a significant nod to crypto’s growing legitimacy in traditional finance.
Santander’s Stablecoin Plans Face Industry Pushback
Reading time: < 1 minuteBanco Santander is weighing a foray into stablecoins and retail crypto offerings—but not without resistance from traditional finance players.
JPMorgan Will Offer BTC Purchases to its Clients
Reading time: < 1 minuteIn a significant shift, JPMorgan Chase will now allow clients to buy Bitcoin, even as CEO Jamie Dimon remains skeptical.
Europol Dismantels a Mafia Crypto Bank
Reading time: < 1 minuteEuropean authorities dismantled a “mafia crypto bank” in a series of raids earlier this year, seizing weapons and over €2.5 million ($2.7 million) in real estate.
OCC Says National Banks Can Buy and Sell Customers’ Crypto
Reading time: < 1 minuteThe OCC has given national banks the go-ahead to buy, sell, and custody digital assets for customers, effective immediately.
Morgan Stanley to Offer Crypto Services
Reading time: < 1 minuteMorgan Stanley has recently expressed interest in the cryptocurrency industry.
Hong Kong’s ZA Bank Introduces Crypto Trading For Retail Users
Reading time: < 1 minuteZA Bank, the largest digital bank in Hong Kong, has announced that it will be the first Asian bank to offer crypto buying and selling services to retail users.
UBS Unveils a Tokenized Fund
Reading time: < 1 minuteUBS Asset Management has recently launched uMINT, a money market investment fund built on ethereum distributed ledger technology.
Deutsche Bank Teams Up with Keyrock to Boost Cross-currency Operations
Reading time: < 1 minuteDeutsche Bank and Keyrock have formed a strategic partnership to strengthen payment and foreign exchange services for their market-making and over-the-counter trading operations.
