Wells Fargo


Finance

Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg

CoinDesk reported on Wednesday that another Wall Street giant, Morgan Stanley, might soon offer its clients exposure to the new products as well.

(Chenyu Guan/Unsplash)

Videos

Federal Reserve Launches Instant Payments Service 'FedNow'

The U.S. Federal Reserve announced that the central bank has officially gone live with its controversial instant payments service, FedNow. Early adopters include JPMorgan Chase and Wells Fargo, with 16 other institutions supporting the service. "The Hash" panel discusses the recent criticism as the Fed says its new service will operate for 24 hours every single day.

Recent Videos

Finance

Wells Fargo, HSBC Add Offshore Yuan to Blockchain Foreign-Exchange System

The banking giants have settled over $200 billion in transactions using the blockchain-based system.

Chinese yuan (Shutterstock)

Finance

Crypto Bank Silvergate Capital's Shares Fall After Wells Fargo's Bearish Call

The bank's analysts say Silvergate's growth potential is limited during crypto winter.

(Andriy Onufriyenko/Getty Images)

Finance

Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk

Wells Fargo rated Coinbase as underweight and said it will face headwinds in its path to sustaining profitability.

(Sophie Backes, Unsplash)

Finance

Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says

The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target.

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Layer 2

Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds

The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions.

More than $8M worth of USDT passed through Bankoff's wallets since December 2020, but less than $2,000 remains.

Finance

Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain

The banking giants will use a blockchain product to settle U.S. dollar, Canadian dollar, pound and euro transactions.

Wells Fargo (Shutterstock)

Finance

Anchorage Hires Former Wells Fargo Digital Assets Executive for Banking, Capital Markets

Chapman will connect banks to Anchorage’s trading, custody and lending products.

Diogo Mónica, co-founder and president, Anchorage

Markets

Wells Fargo Launches Passive Bitcoin Fund for Wealthy Clients

JPMorgan also registered its passive bitcoin fund with U.S. regulators Thursday.

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