Banking


Finance

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.

SIX Swiss Exchange is based in Zurich.

Finance

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.

JPMorgan

Markets

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.

Patrick Sells

Markets

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.

ECB

Policy

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.

BitPay CEO Stephen Pair

Finance

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.

Standard Chartered Bank Building, Hong Kong

Finance

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.

BBVA headquarters in Madrid

Policy

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.

russia central bank

Finance

Gemini Exchange Is Using ClearBank for UK Banking Services

Gemini announced it was expanding into the United Kingdom in late September.

Gemini ad