Category: Banks
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JPMorgan will get into Bitcoin ‘at some point’, says co-president
JPMorgan co-president Daniel Pinto said that the current demand “isn’t there yet” for the firm to get into Bitcoin, but he is sure that “it will be at some point.”
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America’s oldest bank, BNY Mellon, will custody Bitcoin
The chief executive of the bank’s asset-servicing business says digital assets are becoming “part of the mainstream.”
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Major Malaysian Bank Kenanga Acquires 19% Stake in a Crypto Exchange
One of Malaysia’s top investment banks has bought a 19% stake in a local crypto exchange via its private equity arm. The Kenanga Investment Bank announced its inception into the crypto business by investing in Tokenize Xchange. Tokenize Xchange Is One of the Three Malaysian Licensed Crypto Exchanges Per the official announcement, the bank made…
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Major Thai bank’s venture arm sets up $50M fund to invest in blockchain, DeFi
Siam Commercial Bank, over a century old, doesn’t fail to keep up with the times.
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Hedge or cyclical? Eternal debate on Bitcoin’s status sees a new twist
Crypto might not be a great hedge in the strict traditional sense, but it can guard investors against policy and currency risks.
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Irish central bank governor says crypto investors could lose all their money
Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability.
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SBI Holdings and SMFG to launch digital securities exchange in 2022
The upcoming digital stock exchange is expected to be the first Japanese exchange to trade digital securities using blockchain technology.
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Reserve Bank of India ‘exploring the possibility’ of a digital currency
The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.