Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
Summary UBS boosted its quarterly call option exposure for BlackRock’s IBIT by over 24-fold, reaching
Israel’s largest bank to offer crypto trading with Galaxy
Summary Bank Leumi customers will be able to buy, hold and sell bitcoin, ether and
MUFG to test real-time blockchain settlement for Japanese government bond trades
Summary MUFG plans to use blockchain technology to offer faster settlement of Japanese government bond
Morgan Stanley’s infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Summary Zerohash, a crypto infrastructure provider for high-profile firms such as Morgan Stanley’s E*Trade, failed
Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT
Summary Erebor Bank is negotiating a $1.5 billion funding round for a total valuation of
UK lawmakers question lenders over lack of banking for the country’s crypto firms
Summary The Crypto and Digital Assets All-Party Parliamentary Group noted repeated instances where crypto and
Yellow Card raises $40 million to link banks to stablecoin processing
Summary Yellow Card raised $40 million in strategic equity funding, lifting its total equity financing
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Summary Wells Fargo will launch tokenized deposits this fall, starting with a limited dollar-to-pound exchange
BNY targets $8.6 trillion transfer agency market on blockchain rails
Summary Bank of New York Mellon is shifting its core transfer agency record-keeping onto blockchain
Hong Kong’s central bank puts a number on lenders’ quantum preparedness. It’s very low.
Summary The Hong Kong Monetary Authority gave the banking sector a Quantum Preparedness Index score
