Europol Dismantled a Mafia-linked Cryptocurrency Bank
European authorities have dismantled a vast money laundering network known as the “mafia crypto bank.”
OCC: US Banks Can Buy and Sell Customer Digital Assets
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 May Issue its Own Stablecoin
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 State-Owned Bank Launches Crypto Staking Service
Swiss government-owned investment bank PostFinance AG is now offering Ethereum staking to its customers.
Italy’s Largest Bank Acquires $1M in Bitcoin
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 to Add Crypto to its Brokerage Platform
Morgan Stanley is considering the addition of cryptocurrency trading to its E-Trade online brokerage platform.
Goldman Sachs Plans to Spin Off its Digital Assets Platform
Goldman Sachs is in the process of creating a new company that will focus on using blockchain technology for large financial institutions.
