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10 months, 1 week agoGoldman Sachs in Talks to Play Key Role for Bitcoin ETFs in the US
Goldman Sachs, a prominent investment bank on Wall Street, is expected to play a significant role in the introduction of bitcoin exchange-traded funds (ETFs) by BlackRock and Grayscale in the United States.…
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10 months, 1 week agoGoldman Sachs Explores Role as Authorized Participant in Bitcoin ETFs
Banking giant Goldman Sachs is reportedly positioning itself to become an authorized participant (AP) for Bitcoin exchange-traded funds (ETFs) introduced by BlackRock and Grayscale. These ETFs are awaiting approval…
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10 months, 1 week agoCompetition Intensifies as Swiss Private Banks Seek Top Talent Amidst Departure of CS and UBS Bankers
The Swiss private banking sector is currently engaged in a fierce competition to attract top talent from Credit Suisse (CS) and UBS. In order to entice experienced bankers, these banks are offering high salary…
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10 months, 1 week agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrencies
The head financial regulator in South Korea is proposing a new amendment to the credit financing regulations that would make it illegal for residents to use credit cards to purchase cryptocurrencies. The Financial…
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10 months, 1 week agoGamma Strategies Offers Bounty to Recover Stolen $3.4 Million in Digital Assets
Gamma Strategies, an Ethereum-based liquidity management protocol, has experienced a significant exploit resulting in the loss of $3.4 million in digital assets. The attack was detected by blockchain security firm…
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10 months, 1 week agoLiechtensteinische Landesbank Expands into German Market with New Locations in Munich, Frankfurt, and Düsseldorf
The Liechtensteinische Landesbank (LLB) has recently opened new branches in Germany, specifically in Munich, Frankfurt, and Düsseldorf. These expansions are aimed at leveraging the bank’s close relationship with Sw…
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10 months, 1 week agoLiechtensteinische Landesbank Expands into Germany to Strengthen Swiss-European Relations
The Liechtensteinische Landesbank (LLB) has recently opened new branches in Germany, specifically in Munich, Frankfurt, and Düsseldorf. These locations were chosen to strengthen the bank’s close relationship wi…
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10 months, 1 week agoHuobi Korea to Terminate Local Virtual Asset Trading Services, Focuses on Brand Renewal and System Upgrades
Huobi Korea, a leading virtual asset exchange, has announced the termination of its local virtual asset trading services. The decision comes as part of the exchange’s strategic move to adapt to the changing m…
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bob wrote a new post
10 months, 1 week agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrencies
The Financial Services Commission (FSC) in South Korea has proposed a ban on citizens purchasing cryptocurrencies using credit cards. The FSC aims to limit crypto trading on foreign exchanges and address concerns…
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10 months, 1 week agoJob Insecurity Among UBS Bankers Revealed in Recent Survey
A recent survey conducted among employees of a major Swiss bank suggests that nearly half of the combined workforce of UBS and Credit Suisse are concerned about their job security. According to the survey conducted…
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10 months, 1 week agoUBS Strengthens Market Position in the Middle East with New Leadership Team
The Swiss bank UBS is making a significant move to strengthen its market position in the Middle East. It has appointed a new leadership team for its investment banking division in the region. This move is seen as a…
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10 months, 1 week agoGrayscale Investments in Talks with JPMorgan and Goldman Sachs for Potential Role in Bitcoin ETF
Crypto asset manager Grayscale Investments is reportedly in talks with investment banks JPMorgan and Goldman Sachs regarding their potential involvement in a proposed spot Bitcoin exchange-traded fund (ETF).…
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bob wrote a new post
10 months, 1 week agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrency
South Korea’s Financial Services Commission (FSC) is proposing changes to the country’s credit finance laws that would prohibit local citizens from using credit cards to purchase cryptocurrency. The FSC exp…
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10 months, 1 week agoGrowing Concerns Over Malicious Solana Drainer Kits Targeting Users
One of the largest online communities dedicated to Solana, a popular cryptocurrency, has over 6,000 members, according to blockchain security firm Chainalysis. Recently, there has been growing concern about…
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10 months, 1 week agoInvestors Demand Billions in Compensation from CS Bank
The forced sale of Credit Suisse (CS) to UBS has brought some stability to the troubled bank. However, the low sale price and the decision by the Swiss Financial Market Supervisory Authority (FINMA) to write off…
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10 months, 1 week agoSEC Approves First Leveraged Bitcoin Futures ETF, Paving the Way for Mainstream Adoption
The U.S. Securities and Exchange Commission (SEC) has made a groundbreaking decision by approving the launch of the first-ever leveraged Bitcoin futures exchange-traded fund (ETF). This move signifies the growing…
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10 months, 1 week agoNew US Tax Law Requires Reporting of Cryptocurrency Transactions
The Infrastructure Investment and Jobs Act, passed by the US Congress in November 2021, introduced a new provision into the Tax Code. Under this provision, individuals who receive over $10,000 in cryptocurrency in…
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bob wrote a new post
10 months, 1 week agoNew US Tax Law Requires Reporting of Cryptocurrency Transactions
The Infrastructure Investment and Jobs Act, passed by the US Congress in November 2021, introduced a new provision into the Tax Code. Under this provision, individuals who receive over $10,000 in cryptocurrency in…
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bob wrote a new post
10 months, 1 week agoFidelity's Bitcoin ETF Registration Accepted by Cboe Exchange
The United States-based exchange Cboe has accepted the registration for listing shares of a spot Bitcoin exchange-traded fund (ETF) proposed by Fidelity Investments. The Fidelity Wise Origin Bitcoin Fund has filed…
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10 months, 1 week agoBlackRock and Grayscale May Add Goldman Sachs as Authorized Participant for Bitcoin ETF
Two leading spot Bitcoin exchange-trade fund (ETF) applicants, Grayscale and BlackRock, are reportedly considering adding Goldman Sachs as an authorized participant. This role would involve Goldman Sachs creating…