Banking


Markets

Colombia's First Commercial Bank Will Let Users Transfer Money to Crypto Exchange

Banco de Bogotá will allow money transfers with crypto exchange Buda.com as part of a pilot program in August.

The Colombian flag

Finance

UBS Mulls Offering Prime Brokerage Services for Crypto ETPs to European Hedge Funds: Sources

The Swiss bank is operating a pilot program with plans to possibly launch a wider rollout to clients in a few months, one source said.

UBS' headquarters in Zurich

Finance

Goldman Sachs Settling Crypto ETPs in Europe: Sources

The U.S. bank’s prime brokerage division is offering services in crypto-linked ETPs to some of its European hedge fund clients.

Goldman Sachs

Finance

Bank of America Is Clearing Crypto ETPs for Hedge Funds in Europe: Sources

The bank’s prime brokerage unit is said to be allowing clients to access various crypto exchange-traded products.

Bank of America

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Finance

Silvergate Took $4.3B in Deposits From Digital Currency Customers in Q2

The majority of the bank’s new deposits came from cryptocurrency exchange clients.

Silvergate CEO Alan Lane (CoinDesk)

Finance

Bank of America Approves Bitcoin Futures Trading for Some Clients: Sources

Clients are in the process of being set up, with some already live, according to one of two sources.

Bank of America is the second-largest bank in the U.S.

Markets

First Midwest Bank Trust Division Holding 29.5K Shares of Grayscale Bitcoin Trust

First Midwest Bank Trust Division has $14 billion of assets under management and is the third-largest independent Illinois-headquartered bank.

The Grayscale Solana Trust was launched in 2021 as the asset managers 16th product.

Finance

Santander Blocks Binance Payments for UK Customers

The bank said it’s heeding the FCA’s warnings about Binance.

Santander

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Markets

UK Bank Nationwide to Review Its Cryptocurrency Policies: Report

The bank is monitoring cryptocurrency activity and placing extra safeguards on certain activities.

UK London flags

Finance

Singapore’s DBS Bank Enlists Nivaura’s ‘One-Click’ Blockchain Security Issuance

Nivaura is also launching the open-source GLML Foundation to help create automated tokenized securities.

DBS CEO Piyush Gupta