Tag: Banking

Italy’s largest bank Intesa Sanpaolo enters Bitcoin market with initial €1 million investment

Bitcoin January 14, 2025

Intesa Sanpaolo, Italy’s largest financial institution, has reportedly entered the Bitcoin market by buying €1 million value of the main digital asset.This interprets to...

Major Portuguese bank blocks fiat transfers to crypto platforms

Bitcoin January 7, 2025

Banco of Investimentos Globais (BiG), one in every of Portugal’s largest banks, began blocking fiat transfers to crypto platforms, in keeping with a notification...

French banking giant Groupe BPCE secures regulatory greenlight for crypto services

Bitcoin December 20, 2024

Hexarq, the cryptocurrency subsidiary of Groupe BPCE, has obtained regulatory approval from France’s Monetary Markets Authority (AMF) to supply crypto providers to its purchasers...

Deutsche Bank to develop Ethereum layer-2 blockchain to tackle TradFi compliance issues

Ethereum December 19, 2024

Deutsche Financial institution is constructing a layer-2 blockchain primarily based on Ethereum to resolve the regulatory hurdles monetary establishments face utilizing public blockchains, Bloomberg...

Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift

Ethereum December 10, 2024

Goldman Sachs CEO David Solomon stated the agency may discover changing into a spot market maker spot marketplace for Bitcoin (BTC) and Ethereum (ETH)...

Goldman Sachs sets sights on standalone blockchain entity for digital assets expansion

Bitcoin November 19, 2024

Goldman Sachs is charting a daring new course in monetary know-how, unveiling plans to remodel its digital belongings platform right into a standalone blockchain-focused...

German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid

Bitcoin November 4, 2024

German telecom big Deutsche Telekom has partnered with Germany’s oldest financial institution, Bankhaus Metzler, to launch a pilot venture testing Bitcoin mining infrastructure powered by...

Guggenheim issues $20 million worth of tokenized commercial paper on Ethereum

Solana September 27, 2024

Guggenheim Treasury Securities (GTS), a subsidiary of monetary consulting agency Guggenheim Capital, has issued $20 million value of Digital Industrial Paper (DCP) on Ethereum.The...

Major Swiss bank ZKB launches 24/7 Bitcoin and Ethereum trading

Bitcoin September 4, 2024

Switzerland’s fourth-largest financial institution, Zürcher Kantonalbank (ZKB), has launched buying and selling and safe storage for main digital belongings, together with Bitcoin and Ethereum,...

Crypto lender Ledn gets $50M boost with Bitcoin-backed loan from Sygnum

Bitcoin August 20, 2024

Crypto lending platform Ledn stated it secured a $50 million Bitcoin-backed syndicated mortgage from Sygnum, a Swiss international crypto banking group, based on an...

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Tag: Banking

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