UBS Group’s Wealthy Clients Can Now Trade Some Crypto ETFs in Hong Kong: Bloomberg
The news comes a day after HSBC, one of the world’s largest banks, said it plans to start a digital-assets custody service for institutional clients.
Bank
CBDCs Are ‘Central’ to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.
Swiss National Bank to Work With SIX Digital Exchange, 6 Banks on Wholesale CBDC Pilot
The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange.
St.Galler Kantonalbank Works With SEBA Bank to Offer Swiss Customers Bitcoin, Ethereum
The first tier of customers will be wealth-management clients; retail customers are next in line, and other coins and staking services are planned, said SEBA Bank’s Christian Bieri.
First Mover Americas: Bitcoin and Ether Options Activity Hits $20B
The latest price moves in crypto markets in context for Oct. 26, 2023.
First Mover Americas: Deutsche Bank Trials a SWIFT Alternative for Stablecoins
The latest price moves in crypto markets in context for Oct. 25, 2023.
Deutsche Bank and Standard Chartered Ventures Test SWIFT Killer for Stablecoins and CBDCs
The Universal Digital Payments Network instructs and allows transactions, ranging from stablecoins on public blockchains to central bank digital currencies.
How Japan Is Leading the Race to Regulate Stablecoins
Japan’s new law tries to address one of the biggest fears about major stablecoins: Do issuers really have the assets to back them?
Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks
The FDIC’s watchdog concluded the agency has been lax in figuring out how to guide U.S. bankers on crypto matters, and it called for a new strategy by January.
Digital Euro Project Moves to ‘Preparation’ Phase
The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.