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.
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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.
Demand For Crypto Retirement Goes Global
Financial havens like the Cayman Islands and Singapore are figuring out how to run digital assets for retirement investors around the world.
Bitwise Asset Management Expands DeFi Suite With Launch of the World’s First Uniswap and Aave Funds
Total outstanding loans on Aave’s platform grew from $93.7 million in July 2020 to $6.92 billion in July 2021, up over 70x year over year.
Dimon Called Crypto A "Fraud" But Clients Demand Access
A "large numbe"r of JPMorgan clients see digital currencies like Bitcoin as an asset class, the company’s director of wealth management reveals.
