Swiss bank UBS ponders offering Bitcoin investments to wealthy clients

Major Swiss investment banking company UBS is currently in the “early stages of planning” to offer its rich clients some options to invest in cryptocurrencies, knowledgeable sources told Bloomberg today.
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American institution Citibank is building a crypto trading and custody service

American multinational investment bank Citigroup is reportedly developing crypto-related services such as trading, custody, and financing due to rapidly growing interest from clients.
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Bitcoin (BTC) is reportedly coming to ‘hundreds’ of U.S. banks in 2021

Executives of crypto custody firm NYDIG said Wednesday that hundreds of US banks are onboarding Bitcoin (BTC) related services for their clients, as per a report on business outlet CNBC.
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Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.

The Digital Dollar Project, a non-profit organization co-founded by former Commodity Futures Trading Commission (CTFC) chairman Christopher Giancarlo, plans to launch five pilot programs focused on central bank digital currencies (CBDCs) within the next 12 months, a report by Reuters said yesterday.
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Crypto enthusiast projects ‘Bitcoin fixes this’ on Bank of England

On Friday night, a massive image appeared on the Bank of England’s building in London stating that “Bitcoin fixes this.” Look what someone projected onto the Bank of England last night.
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Crypto converts JPMorgan, DBS, Temasek pivot to blockchain for interbank remittances

American investment bank JPMorgan has teamed up with Singaporean DBS Bank and holding company Temasek to develop a blockchain-based interbank remittance system, dubbed Patrior, that aims to soothe some of the most common “pain points” in the sector.
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This small Caribbean island fully embraces Bitcoin in absence of banks

Bequia, a small island in the Caribbean just 18 square kilometers in size, is primed to become the world’s first fully Bitcoin-enabled community, Euronews reported earlier this week.
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Major UK bank NatWest won’t serve businesses dealing in crypto

National Westminster Bank (NatWest), a major retail and commercial bank in the United Kingdom, will stop serving any businesses that accept or otherwise transact cryptocurrencies, news daily The Guardian reported yesterday.
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