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Banking
SDX Chief Gets Philosophical About Crypto's Swiss-Singapore Connection
The crypto corridor connecting Switzerland and Singapore is firming up, involving many of the usual suspects in banking, custody and trading.

JPMorgan Completes Live Blockchain Repo Trade Ahead of New Product Launch
The live repo trade used a blockchain application built in-house, as well as the bank's jpm coin.

Crypto Asset Manager NYDIG Hires Tech-Savvy Banker to Pitch Its Wares to Institutions
Former Quontic Bank executive Patrick Sells will be responsible for developing NYDIG’s white-labeled crypto services for banks.

Mass Adoption of a Digital Euro Could Be a ‘Clear Negative’ for Europe’s Banks: BofA
A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank.

Crypto Startup BitPay Files to Become Federally Regulated US Bank
Crypto payments firm BitPay has filed to become a national bank in the U.S., according to a Dec. 8 legal notice.

Standard Chartered Bank to Launch Crypto Trading for Institutional Investors: Sources
Standard Chartered has gathered a group of crypto exchanges for a new digital asset trading platform tailored to the institutional market, according to sources.

Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources
BBVA is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans.

Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report.

US Regulator Seeks End to Bank Deplatforming of 'Disfavored' Industries (Like Crypto)
Call it the CPR for Operation Choke Point.

Gemini Exchange Is Using ClearBank for UK Banking Services
Gemini announced it was expanding into the United Kingdom in late September.
