The OCC’s latest interpretive letter, published Wednesday, cements national banks’ authority to engage in crypto asset transactions and custody without pre-approval—a significant pivot from 2021’s restrictive stance.
Bank of America’s CEO, Brian Moynihan, is considering launching a stablecoin, contingent upon regulatory approval. He discussed this possibility during a recent interview with David Rubenstein.
Swiss government-owned investment bank PostFinance AG is now offering Ethereum staking to its customers.
According to an internal memo reported by Reuters, on Monday, Italy’s largest bank, Intesa Sanpaolo, made its first proprietary trade in Bitcoin worth €1 million ($1.03 million).
Morgan Stanley is considering the addition of cryptocurrency trading to its E-Trade online brokerage platform.
Goldman Sachs is in the process of creating a new company that will focus on using blockchain technology for large financial institutions.
UBS Asset Management has announced the launch of uMINT, a new investment fund token built on Ethereum distributed ledger technology.
