HSBC taps Ripple’s Metaco to launch security token custody
HSBC has partnered with Ripple-owned tech firm, Metaco, to allow institutional investors hold tokenized securities on its new custody platform. Go to Source
Banks
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Caitlin Long’s Custodia Bank launches Bitcoin custody platform
Custodia Bank’s launch of Bitcoin custody follows a series of regulatory challenges the firm faced earlier this year. Go to Source
DZ Bank, third-largest German bank, to start crypto custody for institutional investors
DZ Bank AG launches its own digital assets custody platform, built on blockchain. Go to Source
Swiss wholesale CBDC pilot kicks off in alliance with central, commercial banks
The Swiss wCBDC pilot project will be hosted on SDX and use the infrastructure of Swiss Interbank Clearing (SIC). Go to Source
Top Swiss bank launches Bitcoin and Ether trading with SEBA
Switzerland’s St.Galler Kantonalbank has launched Bitcoin and Ether trading for select customers, planning to add more coins in the future. Go to Source
HSBC and Ant Group test tokenized deposits under HKMA sandbox
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by Ant Group’s banking partners. Go to Source
AI’ takes Collins dictionary word of the year, ‘debanking’ makes shortlist
The Collins dictionary named AI word of the year, describing AI-powered language models as “bursting into the public consciousness” and “much talked about” in 2023. Go to Source
Standard Chartered-owned crypto platform Zodia launches in Hong Kong
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said. Go to Source
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found. Go to Source
Banks’ crypto exposure must be disclosed: BIS’ Basel Committee
The proposed regulations are currently open to the public for comments and if approved they will come into effect by Jan. 1, 2025. Go to Source
