banks

banks

Finance

German Private Bank to Offer Cryptocurrency Services

The private bank is also investigating tokenization of assets, it announced Sunday.

Hamburg, Germany

Finance

Colombia's First Commercial Bank to Pilot Crypto Services

Banco de Bogotá will use the test to explore business models and risks around crypto assets.

Bogotá, Colombia

Markets

Citi: Bitcoin at 'Tipping Point' as Institutions Come on Board

Looking forward, a Citi report suggests bitcoin could "become the currency of choice for international trade."

Citibank (TungCheung/Shutterstock)

Finance

Swiss Private Bank Bordier & Cie Launches Crypto Trading for Clients

Bordier & Cie clients will be able to buy, hold and trade digital assets such as bitcoin, ethereum, bitcoin cash and tezos.

Geneva, Switzerland

Policy

Russia's Digital Ruble Model to Get Bank-Friendly Redesign

Banks had feared being drained of liquidity under the original concept for the digital currency.

Elvira Nabiullina, governor of the Bank of Russia.

Finance

IBM, Top Australian Banks Execute Country's First Blockchain Bank Guarantee

By digitizing the paper process, the Lygon joint venture says it has shown it can speed up bank guarantee issuances.

Sydney, Australia

Markets

Blockchain Bites: The Weird and Wonderful in Crypto This Week

Also: Ether is jumping off, taking DeFi tokens with it.

A man reading something shocking in the newspaper. (CoinDesk Archives)

Markets

Bank of Singapore Says Crypto Could Replace Gold as Store of Value

Cryptocurrencies need to overcome a number of hurdles first, though, according to a research note.

Singapore

Finance

Tether's Bank Deltec Says Stablecoin Is Fully Backed by Reserves

"Every tether is backed by a reserve and their reserve is more than what is in circulation," said Gregory Pepin, Deltec Bank's deputy CEO.

Tether dice

Finance

Analysts Question Silvergate Execs on Whether Crypto Deposit Growth Will Continue

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

Silvergate CEO Alan Lane (CoinDesk)