Austria’s Raiffeisen Bank to Roll Out Crypto Trading for Retail Customers in January
The bank will start its crypto services to customers in Vienna in partnership with Bitpanda.
Bank
Artificial Intelligence Technology Brings Benefits, Risks to Banking: Bank of America
AI has the potential to improve productivity and enhance bank returns, the report said.
Santander Private Bank Introduces Bitcoin, Ethereum Trading for Swiss Clients
Santander Private Banking International is offering buy, sell and hold services with bitcoin and ether to clients in Switzerland.
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A Bank for International Settlements, or BIS, study found that privacy increases participants’ willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.
Singapore Central Bank to Start ‘Live’ Wholesale CBDC Trials
The trials are part of a broader initiative to set up infrastructure for digital money transfers, including tokenization of banking assets.
What an SEC Proposal Means for RIAs in Crypto
The SEC’s Custody Rule requiring advisors to safeguard digital assets has big implications for advisors working in the crypto industry, says Nathan McCauley, CEO and Co-Founder of Anchorage Digital.
Kazakhstan Central Bank Marks Digital Tenge Pilot With First Retail Payment
The National Bank of Kazakhstan plans to implement a digital tenge by the end of 2025.
Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief
The public sector should continue to prepare for CBDC deployment, IMF Managing Director Kristalina Georgieva said.
U.S. CBDC Is Unlikely in the Near Term: Bank of America
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
Tokenized Cash Fintech Fnality Raises $95M Led by Goldman and BNP Paribas
DTCC, Euroclear, Nomura and WisdomTree also participated in the Series B funding round.