Tag: Banks
Goldman Sachs Will Launch 3 New Tokenization Funds
Reading time: < 1 minute Goldman Sachs plans to launch three new tokenization products in the United States and Europe later this year.
Silvergate Bank Settles Charges with SEC
Reading time: < 1 minute Silvergate Capital Corp., the parent company of a crypto-friendly bank that collapsed in 2023 and contributed to the industry’s banking crisis, has agreed to pay $63 million to settle accusations by US and California regulators.
JPMorgan: Bitcoin Will Fall After Halving
Reading time: < 1 minute According to a report by JPMorgan, the cryptocurrency market is still overvalued, and there is a chance of a correction in the price of the first cryptocurrency following the decrease in miner rewards.
Goldman Sachs Says its Clients Are Not Interested in BTC
Reading time: < 1 minute Despite the growing interest from institutional investors, Goldman Sachs has not observed a significant desire among its wealthy clients to purchase Bitcoin.
Honduras Bans Banks from Conducting Crypto Transactions
Reading time: < 1 minute The National Banking and Securities Commission of Honduras (CNBS) in Honduras has issued a resolution prohibiting financial institutions from engaging in transactions involving digital assets citing lack of regulation and concerns over security.
Santander’s Unit Offers Crypto Trading to Clients in Switzerland
Reading time: < 1 minute Spanish bank Santander’s private division in Switzerland has announced the opening of opportunities for 210,000 affluent clients to trade and store Bitcoin and Ethereum.
UBS Clients Allowed to Trade Crypto Futures ETFs in Hong Kong
Reading time: < 1 minute UBS Group has begun allowing select clients to trade crypto-linked exchange-traded funds (ETFs) in Hong Kong.
JPMorgan Believes Current Crypto Market Rally Is Not Justified
Reading time: < 1 minute JPMorgan has warned against excessive optimism in the cryptocurrency market, especially in anticipation of the approval of a Bitcoin ETF.
Standard Chartered Division Plans to Invest $100M in Crypto-related Startups
Reading time: < 1 minute Standard Chartered’s investment arm plans to establish a $100 million crypto investment vehicle in the United Arab Emirates.
Daily Turnover of JPMorgan’s JPM Coin Hits $1B
Reading time: < 1 minute JPMorgan’s payments department head Takis Georgakopoulos has confirmed that the financial institution’s JPM Coin system processes a significant volume of transactions daily.
