Banking


Markets

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.

The Grayscale Solana Trust was launched in 2021 as the asset managers 16th product.

Finance

Santander Blocks Binance Payments for UK Customers

The bank said it’s heeding the FCA’s warnings about Binance.

Santander

Markets

UK Bank Nationwide to Review Its Cryptocurrency Policies: Report

The bank is monitoring cryptocurrency activity and placing extra safeguards on certain activities.

UK London flags

Finance

Singapore’s DBS Bank Enlists Nivaura’s ‘One-Click’ Blockchain Security Issuance

Nivaura is also launching the open-source GLML Foundation to help create automated tokenized securities.

DBS CEO Piyush Gupta

Finance

Citi Launches ‘Digital Assets Group’ Within Wealth Management Division

It’s the latest megabank to roll out crypto services to at least some of its customers.

Close up of Citigroup logo on the side of a building.

Finance

This NYDIG Partnership Could Bring Bitcoin to Your Local Credit Union

Up to 18.3 million Q2 customers will soon be able to buy, sell and hold bitcoin directly from their bank accounts.

Moneta Money Bank AS Ahead of $1.2 Billion Shareholder Showdown

Finance

MoonPay Takes ‘Sizable’ Stake in Crypto Banking Provider BCB Group

Terms of the deal between the two London-based firms were not disclosed.

MoonPay's Zeeshan Feroz (left) and BCB Group's Oliver von Landsberg-Sadie (right)

Finance

Banks Edge Closer to Ethereum 2.0 Staking

Switzerland-based Sygnum Bank is helping institutional clients get staking rewards from the new Ethereum network. And they’re not alone.

An employee counts a stack of Swiss franc bank notes.

Policy

Texas State Regulator Greenlights Banks to Custody Crypto

A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.

Texas' state bank regulator said existing regulations allow its chartered institutions to provide crypto custody services.

Finance

State Street Bank Launches Cryptocurrency Division

State Street says it plans to evolve into a “multi-asset platform” to support cryptocurrency trading and more.

State Street CEO Ron O'Hanley