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US Bank, JPMorgan Among Top Banks Making Big Crypto Moves


US Bank, JPMorgan Among Top Banks Making Big Crypto Moves
April 28, 2021
JPMorgan and U.S. Bank are both looking to dip their toes into the crypto water, launching services that deal with Bitcoin. JPMorgan will purportedly be offering an actively managed bitcoin fund, while U.S. Bank is launching its own cryptocurrency custody offering, per reporting from CoinDesk.
JPMorgan’s Bitcoin fund, which would be offered only to the firm’s private wealth clients, could be coming as early as this summer, with New York Digital Investments Group (NYDIG) serving as custodian for the fund.
The Bitcoin fund would be actively managed, a notable departure from the passively managed Bitcoin funds offered by the Galaxy Digital and other competitors. ....

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Илън Мъск: Цената на биткойна е твърде висока

Илън Мъск: Цената на биткойна е твърде висока
bgonair.bg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bgonair.bg Daily Mail and Mail on Sunday newspapers.

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Мъск счита цената на биткойна за твърде висока:: Investor.bg

Мъск счита цената на биткойна за твърде висока:: Investor.bg
investor.bg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investor.bg Daily Mail and Mail on Sunday newspapers.

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Wall Street opens its arms to bitcoin, but doubts linger


Wall Street opens its arms to bitcoin, but doubts linger
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By Lynn Thomasson and Joanna Ossinger
February 19, 2021 4.30am
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A week after Tesla announced its $US1.5 billion investment in bitcoin, the digital asset continues to make inroads into traditional finance, including news that an investment unit of Morgan Stanley is considering whether to bet on bitcoin. Canada also approved the first North American bitcoin exchange-traded fund.
Bitcoin is gaining more acceptance with Wall Street giants, but it still has its sceptics.
Credit:AP
And there’s evidence that more companies are beginning to add services for cryptocurrencies an asset class that is still lightly regulated and controversial among policymakers. On Thursday, BNY Mellon said it’s formed a new team that’s developing a custody and administration platform for tr ....

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