Tag: Banks
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.
Taiwan Will Test Crypto Storage Services Through Local Banks
Reading time: < 1 minuteThe Taiwanese government is seeking to accelerate the integration of cryptocurrency into financial institutions by proposing a pilot program for crypto storage services to be offered through local banks.
BNY Mellon Plans to Offer its Crypto ETF Clients a Custody Service
Reading time: < 1 minuteBNY Mellon is making progress towards providing custodial services for Bitcoin and Ether held by its ETF clients.
Goldman Sachs Will Launch 3 New Tokenization Funds
Reading time: < 1 minuteGoldman 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 minuteSilvergate 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 minuteAccording 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 minuteDespite 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 minuteThe 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 minuteSpanish 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.
