Banking


Finance

Citigroup Gearing Up to Trade CME Bitcoin Futures: Sources

Citi will begin trading CME bitcoin futures first and then bitcoin exchange-traded notes, one of the sources said.

Citigroup tower in London

Finance

Compass Mining Says Chase Shut Down Bank Accounts Without Warning

The accounts held about 7% of the company's cash.

Máquinas de minería de bitcoin (Shutterstock)

Markets

Samsung Plans to Test Mobile Phone Functionality With South Korea's CBDC Pilot

The electronics giants will look at whether transactions can be completed without internet availability.

Samsung

Finance

PNC Bank Planning Crypto Offering With Coinbase

A source said PNC, the fifth-largest bank in the U.S., plans to offer crypto investment services to clients.

PNC Bank

Markets

Colombia's First Commercial Bank Will Let Users Transfer Money to Crypto Exchange

Banco de Bogotá will allow money transfers with crypto exchange Buda.com as part of a pilot program in August.

The Colombian flag

Finance

UBS Mulls Offering Prime Brokerage Services for Crypto ETPs to European Hedge Funds: Sources

The Swiss bank is operating a pilot program with plans to possibly launch a wider rollout to clients in a few months, one source said.

UBS' headquarters in Zurich

Finance

Goldman Sachs Settling Crypto ETPs in Europe: Sources

The U.S. bank’s prime brokerage division is offering services in crypto-linked ETPs to some of its European hedge fund clients.

Goldman Sachs

Finance

Bank of America Is Clearing Crypto ETPs for Hedge Funds in Europe: Sources

The bank’s prime brokerage unit is said to be allowing clients to access various crypto exchange-traded products.

Bank of America

Finance

Silvergate Took $4.3B in Deposits From Digital Currency Customers in Q2

The majority of the bank’s new deposits came from cryptocurrency exchange clients.

Silvergate CEO Alan Lane (CoinDesk)

Finance

Bank of America Approves Bitcoin Futures Trading for Some Clients: Sources

Clients are in the process of being set up, with some already live, according to one of two sources.

Bank of America is the second-largest bank in the U.S.