Global private bank LGT to open Bitcoin and Ether trading

Global private bank LGT to open Bitcoin and Ether trading

LGT Bank has partnered with the Swiss crypto bank Seba to offer custody and trading services for Bitcoin and Ether. LGT Group, a top family-owned private banking and asset management group, is moving into cryptocurrency by launching Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein.Managing over $292 billion of assets, LGT Bank is preparing to debut digital asset custody and trading services in cooperation with Swiss cryptocurrency bank Seba, according to a joint announcement released on Wednesday.LGT Bank will initially offer custody and trading services for BTC and....


Related News

Coincheck Offers Global JPY Trading Market For Bitcoin and Ethereum

Bitcoin companies expanding their services across borders will help to get the digital currency into the hands of as many people as possible. Coincheck, Japan’s largest bitcoin exchange which recently added an Ethereum trading pair as well, is expanding their service on a global scale. Anyone living inside or outside of Japan can now trade Bitcoin and Ether for JPY with their credit card or international bank transfer. Coincheck Bitcoin And Ether Trading Opportunity. Even though the number of digital currency exchanges operating on a global scale has grown significantly over the past few....

Falcon Private Bank Singapore Branch Shut Down Over Money Laundering Concerns

There is more trouble brewing for banks active in Singapore, though. A final assessment of Standard Chartered Bank is expected to be revealed soon. The financial relationship between Switzerland and Singapore has come under even more pressure than before. Singapore central bank officials forced Falcon Private Bank to shut down immediately. This is a direct result of the ongoing money-laundering operations in the country, and Falcon Private Bank is the second Swiss financial institution forced to close its doors. The Monetary Authority of Singapore has ordered the local branch of Falcon....

Kenya's central bank exploring CBDCs due to 'mushrooming' of private cryptos

The Governor of the Central Bank of Kenya told reporters the institution is "already feeling left out." The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central bank digital currency space.CBK governor Dr. Patrick Njoroge told reporters during Georgetown's DC Fintech week that:"“We [the CBK] are already having discussions with other global players, in various ways, around the introduction of Central Bank Digital Currencies. The push comes as a result of mushrooming of private cryptocurrencies....

CME Group plans to launch options on ETH futures prior to the Merge

The group reported it had observed an increase in trading volume and open interest for ETH futures and micro-sized ETH futures options, possibly in anticipation of the Merge. Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether (ETH) futures products.In a Thursday announcement, the CME Group said that subject to regulatory review, it plans to launch options contracts for its Ether futures, sized at 50 ETH per contract. The futures options, expected to start trading on Sept. 12, will follow the firm launching micro-sized Bitcoin....

UBS Launches Competition for Fintech Entrepreneurs and Bitcoin Startups

UBS has shown particular interest in fintech developments, creating an innovations lab to explore potential applications of bitcoin and the blockchain technology. Just recently, the company announced the launch of the Future of Finance Challenge, which is a competition open to fintech entrepreneurs and bitcoin startups. UBS is a Swiss global financial services company based in Zurich. It provides investment banking, asset management and wealth management services for private, corporate, and institutional clients worldwide and operates in more than 50 countries with about 60,000 employees....