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Banking
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.
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.
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.
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.
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.
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.
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.
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.
First Midwest Bank Trust Division Holding 29.5K Shares of Grayscale Bitcoin Trust
First Midwest Bank Trust Division has $14 billion of assets under management and is the third-largest independent Illinois-headquartered bank.
Santander Blocks Binance Payments for UK Customers
The bank said it’s heeding the FCA’s warnings about Binance.
