Tag: Banks
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.
UBS Clients Allowed to Trade Crypto Futures ETFs in Hong Kong
Reading time: < 1 minuteUBS 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 minuteJPMorgan 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 minuteStandard 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 minuteJPMorgan’s payments department head Takis Georgakopoulos has confirmed that the financial institution’s JPM Coin system processes a significant volume of transactions daily.
Deutsche Bank Tests SWIFT Analogue for CBDC and Stablecoins
Reading time: < 1 minuteDeutsche Bank and SC Ventures have successfully transferred and exchanged stablecoins using the Universal Digital Payments Network (UDPN).
Australia’s Bank Blocks High-risk Payments to Crypto Exchanges
Reading time: < 1 minuteBendigo Bank, one of Australia’s “Big Four” banks, has announced that it will be instituting blocks on “high-risk crypto payments.”
Myanmar to Launch a Neobank on Polygon
Reading time: < 1 minuteThe Myanmar National Unity Government (NUG) has announced the launch of the Spring Development Bank neobank on the Polygon platform.
An Australian Bank Stops Cooperating With Cryptocurrency Exchanges
Reading time: < 1 minuteThe National Australia Bank (NAB) has joined the trend this week by suspending partnerships with crypto exchanges.
Denmark’s Authorities Order Saxo Bank to Limit Crypto Trading
Reading time: < 1 minuteThe Danish Financial Supervisory Authority (FSA) has instructed Saxo Bank, a local financial entity, to liquidate its crypto-asset positions by the end of 2024.
