Tag: Banks
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.
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.
