Société Générale Launches Euro-Pegged Stablecoin, Expanding European Banking Giants’ Presence in Crypto Market

Société Générale, one of France’s largest banks, has entered the stablecoin market with the launch of its native euro-pegged stablecoin, EUR CoinVertible (EURCV). This move makes Société Générale one of the first major European banks to venture into the stablecoin space. EURCV will be fully backed by the euro, allowing bank customers to participate in […]

Mainstream Institutional Interest in Bitcoin Gains Momentum as Animoca Brands Eyes Lucrative Partnerships and Investments in 2024

Yat Siu, co-founder of Animoca Brands, is optimistic about the potential success of investments and partnerships in 2024, as institutional interest in Bitcoin continues to grow. Speaking at the Next Block Expo event in Berlin, Siu highlighted the 70 investments made in 2023 that are expected to yield results next year.One of the key partnerships […]

Mainstream Institutional Interest in Bitcoin Gains Momentum as Animoca Brands Eyes Lucrative Partnerships and Investments in 2024

Yat Siu, co-founder of Animoca Brands, is optimistic about the potential success of investments and partnerships in 2024, as institutional interest in Bitcoin continues to grow. Speaking at the Next Block Expo event in Berlin, Siu highlighted the 70 investments made in 2023 that are expected to yield results next year.One of the key partnerships […]

Société Générale Issues First Digital Green Bond on Public Blockchain

Société Générale, one of the largest banks in France, has issued its first digital green bond on a public blockchain. The bond, worth €10 million and with a maturity of 3 years, was fully subscribed by AXA Investment Managers and Generali Investments through a private placement. This move is part of Société Générale’s efforts to […]

Société Générale Issues First Digital Green Bond on Public Blockchain

Société Générale, one of the largest banks in France, has issued its first digital green bond on a public blockchain. The bond, worth €10 million and with a maturity of 3 years, was fully subscribed by AXA Investment Managers and Generali Investments through a private placement. This move is part of Société Générale’s efforts to […]

Zurich Financial Firm Faces Turmoil as CEO Resigns and Cyber Attack Threatens Data Security

A Zurich-based financial company called Finaport has recently been in the spotlight due to its involvement with wealthy Russian clients and their money transfers through Swiss bank accounts. The media has dubbed the scandal “Finaport-Leaks,” and it has been part of a series of revelations, including the Panama Papers, Pandora Papers, and the recent “Cyprus […]

Zurich Financial Firm Faces Turmoil as CEO Resigns and Cyber Attack Threatens Data Security

A Zurich-based financial company called Finaport has recently been in the spotlight due to its involvement with wealthy Russian clients and their money transfers through Swiss bank accounts. The media has dubbed the scandal “Finaport-Leaks,” and it has been part of a series of revelations, including the Panama Papers, Pandora Papers, and the recent “Cyprus […]

UBS Confronts Obstacles in Merging Credit Suisse Wealth Management

The integration of Credit Suisse (CS) into UBS is facing challenges in the Swiss market. Concerns among CS bankers have arisen as UBS aims to present a positive image of the integration. The Central Switzerland region, which stretches from the Bernese Oberland to Solothurn, has become a hotbed for bankers switching to competitors. In addition, […]