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 2021, depending on approvals from the relevant regulators. London-based Standard Chartered is one of the most influential financial institutions globally. Its innovation arm now wants to create […]

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 digital currency (CBDC). Chinese financial officials announced that the country would crack down on financial institutions that operate cryptocurrency businesses or offer related services. The decision follows […]

Morgan Stanley offers access to Bitcoin funds

Morgan Stanley becomes the first major U.S. bank to offer its wealthy clients access to Bitcoin funds. The Bitcoin rally over the past year has seemingly put pressure on Wall Street to consider diversification into the emerging asset class. In an internal memo on Wednesday, the investment bank told its financial advisors about this development. […]

Another Swiss Private Bank Implements Digital Assets Services

Neue Privat Bank and InCore today announced that NPB is introducing InCore’s comprehensive Digital Asset Banking Services to its clients. As a result, clients are now able to trade in major crypto currencies and benefit from a highly secure Switzerland-based custody solution. NPB, a Zurich-based boutique private bank, has been a partner of InCore Bank, a […]

Swiss private bank integrates extensive crypto strategy

In addition to a comprehensive corporate offering for blockchain and crypto companies as well as the trading and custody of digital assets, the spectrum of innovative crypto services of private bank Maerki Baumann is now being rounded off by investment advice in connection with this asset class. Thus, the independent Swiss private bank headquartered in […]

Rupertus Rothenhäuser on why every bank will need a crypto asset strategy

We live in an age of digital disruption that has accelerated over the last year. Central banks are unleashing record levels of monetary stimulus, while technology continues to rapidly reshape our global economy. Thoughts on the future of digital assets by Rupertus Rothenhäuser. It has shown us that conventional thinking will not bring the answers […]

5 questions answered by Johannes Schmitt, Director of Banking at Kraken

How will blockchain technology affect our lives? Can digital currencies establish themselves as an asset class? The questions that arise in the world of crypto seem limitless. We limit ourselves to five and turn to experts in the field. The development in the blockchain and cryptocurrency space as well as the rapidly growing ecosystem around the new technology is […]

The world’s first bank to issue its shares on a distributed ledger

Sygnum has successfully tokenized its shares, becoming the world’s first bank to issue its shares on a distributed ledger. Tokenization of its own shares lays the foundation for their future public offering, which includes a potential dual listing in partnership with SIX Digital Exchange (SDX). In a world’s first for a bank, Sygnum today announced the successful […]