DZ Bank, third-largest German bank, to start crypto custody for institutional investors
DZ Bank AG launches its own digital assets custody platform, built on blockchain. Go to Source
Banks
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Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks
The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing (SIC). Go to Source
Top Swiss bank launches Bitcoin and Ether trading with SEBA
Switzerland’s St.Galler Kantonalbank has launched Bitcoin and Ether trading for select customers, planning to add more coins in the future. Go to Source
HSBC and Ant Group test tokenized deposits under HKMA sandbox
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by Ant Group’s banking partners. Go to Source
AI’ takes Collins dictionary word of the year, ‘debanking’ makes shortlist
The Collins dictionary named AI word of the year, describing AI-powered language models as “bursting into the public consciousness” and “much talked about” in 2023. Go to Source
Standard Chartered-owned crypto platform Zodia launches in Hong Kong
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said. Go to Source
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found. Go to Source
Banks’ crypto exposure must be disclosed: BIS’ Basel Committee
The proposed regulations are currently open to the public for comments and if approved they will come into effect by Jan. 1, 2025. Go to Source
Scammers prefer banking customers over crypto investors in Ireland: Report
To date, Irish authorities managed to recover approximately 4 million euro of the 20 million euro that were lost in banking scams since January 2023. Go to Source
Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’
Billionaire investor Paul Tudor Jones says he is bearish on U.S. stocks, and bullish on Bitcoin and gold. Go to Source
