Reading Time: < 1 minute Morgan Stanley may soon allow its 15,000 brokers to suggest that customers invest in spot Bitcoin exchange-traded funds.
Tag: Banks
Banks
JPMorgan Bank: Interest of Venture Investors in Blockchain Industry is Weaking
Reading Time: < 1 minute According to JPMorgan, the declining interest of venture investors in the blockchain industry could prolong the downward trend in the cryptocurrency market.
Crypto Bank Sygnum Reaches a $900M Valuation
Reading Time: < 1 minute Sygnum, a cryptocurrency bank regulated in Switzerland, has successfully raised over $40 million in a funding round led by Azimut Holding.
BBVA Uses Ripple’s Platform for Crypto Storage
Reading Time: < 1 minute BBVA has transferred its cryptocurrency storage services in Switzerland to Ripple-owned Metaco Harmonize platform.
French State Bank BPI Gives €1M Loan to DeFi Project Atlendis
Reading Time: < 1 minute French public investment bank BPI has recently granted a €1 million loan to DeFi lending platform Atlendis.
Standard Bank Branch in South Africa Will Not Invest in Crypto Business, Not Yet
Reading Time: < 1 minute The Standard Bank branch in South Africa has not yet made a decision to invest in digital currencies or cooperate with crypto companies.
Singapore’s DBS Bank Adds Support for China’s e-CNY
Reading Time: < 1 minute DBS Bank, the largest Singaporean bank, has enabled customers to receive payments in the Chinese Central Bank Digital Currency (CBDC) or digital yuan (e-CNY).
EU Will Oblige Banks to Provide Data on Their Crypto Reserves
Reading Time: < 1 minute The European Commission has recently proposed a clause to be incorporated into the newly approved MiCA (EU Crypto Regulation) legislature, requiring the banking sector to make information public concerning reserves held in digital currencies.
Central Banks Are Testing Curve AMM Technologies for CBDCs
Reading Time: < 1 minute The BIS Innovation Hub, working in collaboration with the central banks of France, Switzerland, and Singapore, have initiated Project Mariana with the aim of testing the Curve v2 hybrid automatic market maker function for wholesale CBDC pool operations.
