Major bank BBVA supports Bitcoin services
Spain’s second-largest bank, BBVA, is launching a new business for private banking clients in its Swiss arm that will allow investments in alternative digital assets alongside Bitcoin trading and custody…
Project Jura: The next step for a Swiss CBDC?
The Swiss National Bank (SNB) is continuing its experiments in the field of central bank currencies (CBDCs). “Project Jura” is investigating cross-border payment processing in cooperation with the central bank…
Standard Chartered launches trading platform for cryptocurrencies
Standard Chartered Bank (StanChart) wants to establish an institutional trading platform for cryptocurrencies in the UK and Europe. The new exchange is expected to launch in the fourth quarter of…
Federal Reserve Considers Central Bank Digital Currency (CBDC)
The Federal Reserve Bank will publish a report on the potential transition to a Central Bank Digital Currency (CBDC) in the summer of 2021. The advanced projects of several countries,…
China Bans Crypto Services
Chinese financial authorities have banned financial institutions and payment companies from offering services related to cryptocurrencies and warned investors against speculative crypto trading. Instead, they are developing a central bank…
Tesla Suspends Payments with Bitcoin
A few months ago, US car manufacturer Tesla announced a billion-dollar investment in Bitcoin. Since then, it was also possible to buy electric cars with the cryptocurrency. This option has…
UBS wants to offer cryptocurrencies to clients
Over the past year, some banks have expanded their services to cryptocurrencies due to strong demand. Especially in the US, this trend is picking up. Now UBS also wants to…
US Banks considering Bitcoin services
According to crypto custodian and Stone Ridge subsidiary NYDIG, hundreds of U.S. banks will soon allow trading and holding of Bitcoin. After a long period of reluctance, established financial services…
Warren Buffet and Charlie Munger on Bitcoin
Berkshire Hathaway Vice Chairman Charlie Munger has lambasted Bitcoin in the company’s annual shareholder meeting over the weekend, despite its accelerated growth. CEO Warren Buffet has also made negative comments…
Crypto Highlights April
A monthly review of what’s happening in the crypto markets enriched with institutional research on the most important topics in the industry in cooperation with the Swiss digital asset specialist,…