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American Bankers Association Encourages Partnerships With Crypto Firms
The ABA is nudging member banks toward using crypto assets in various client contexts ranging from pure deposit accounts and lending to insurance.
Wells Fargo Starts Offering Crypto Investments to Clients
A growing number of major investment banks have started offering crypto to clients or are deep in the process, including all the majors.
SEC's Gensler Opens Door To Bitcoin ETFs
Gensler also signaled an openness to an 40 Act ETF [sic] focused exclusively on Bitcoin futures that follows mutual fund oversight rules.
Even Institutions That Derided Bitcoin Are Buying In
A number of institutional investors who in one survey likened cryptocurrency to rodents’ least-favorite dish seem to be warming to the asset class.