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Tether’s Bank ‘Bought Bitcoin’ for its Clients As Part of Its Investment Portfolio

Bahamas-based Deltec Bank & Trust, which is the banking partner of Tether to hold its reserves, revealed that it has a “large position in bitcoin. ” Chief Investment Officer Hugo Rogers disclosed this during a year-in-review video while explaining its investment portfolio, which also contains gold and other commodities, including the digital asset. дальше »

2021-1-15 19:54


Morgan Stanley Increases its Stake In BTC HOLDer MicroStrategy to 10.9%

Banking giant Morgan Stanley has jumped on the Bitcoin bandwagon via MicroStrategy Inc. by increasing its stake in the company to more than 10% late last year. According to a filing with the US Securities and Exchange Commission (SEC) on Friday, the investment management arm of the bank held 792,627 shares of MicroStrategy by the […] The post Morgan Stanley Increases its Stake In BTC HOLDer MicroStrategy to 10.9% first appeared on BitcoinExchangeGuide. дальше »

2021-1-9 18:03


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US Federal Regulator Allows Banks to Issue or Use Stablecoins for Payments

The Office of the Comptroller of Currency has announced on January 4 that financial institutions like banks can now make use of stablecoins and blockchains to process payments, via a letter. The OCC informed banks that they could use these new methods as long as they comply with regulations and best banking practices in the US.Read More дальше »

2021-1-6 11:00


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Unicas launches the first-ever physical crypto banking branch in India

Unicas, a joint venture between Cashaa and the United Multistate co-op society, has rolled a physical crypto bank branch in Jaipur, India. The Cashaa team unveiled this bullish news through a blog post on December 29, noting that the physical bank branch is located at C-52, Keshav Enclave, Janpath, Lal Kothi, Jaipur, 302015, Rajasthan. дальше »

2020-12-30 19:32


Bitcoin Most Crowded Trade After Long Tech and Short US Dollar: Bank of America (BOA) Survey

Bitcoin’s over 170% YTD rally has everyone rushing in, which makes it one of the most crowded trades of December 2020, according to Bank of America (BOA). The investment banking giant revealed its latest survey findings, according to which about 15% of fund managers with $534 billion under management said Bitcoin is the third-most crowded […] The post Bitcoin Most Crowded Trade After Long Tech and Short US Dollar: Bank of America (BOA) Survey first appeared on BitcoinExchangeGuide. дальше »

2020-12-17 20:25