Wells Fargo

(Chenyu Guan/Unsplash)
Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg
CoinDesk reported on Wednesday that another Wall Street giant, Morgan Stanley, might soon offer its clients exposure to the new products as well.
(Chenyu Guan/Unsplash)

Federal Reserve Launches Instant Payments Service 'FedNow'
Federal Reserve Launches Instant Payments Service 'FedNow'
The U.S. Federal Reserve announced that the central bank has officially gone live with its controversial instant payments service, FedNow. Early adopters include JPMorgan Chas...
Federal Reserve Launches Instant Payments Service 'FedNow'

Chinese yuan. (Shutterstock)
Wells Fargo, HSBC Add Offshore Yuan to Blockchain Foreign-Exchange System
The banking giants have settled over $200 billion in transactions using the blockchain-based system.
Chinese yuan. (Shutterstock)

Wells Fargo downgraded its rating on Silvergate Capital's stock on concerns about the bank's growth. (© Andriy Onufriyenko)
Crypto Bank Silvergate Capital's Shares Fall After Wells Fargo's Bearish Call
The bank's analysts say Silvergate's growth potential is limited during crypto winter.
Wells Fargo downgraded its rating on Silvergate Capital's stock on concerns about the bank's growth. (© Andriy Onufriyenko)

(Sophie Backes/Unsplash)
Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk
Wells Fargo rated Coinbase as underweight and said it will face headwinds in its path to sustaining profitability.
(Sophie Backes/Unsplash)

(Will Foxley for CoinDesk)
Silvergate Capital Could Benefit From Institutional Crypto Adoption, Wells Fargo Says
The Wall Street bank initiated coverage of the stock with an "overweight" rating and a $120 price target.
(Will Foxley for CoinDesk)

More than $8M worth of USDT passed through Bankoff's wallets since December 2020, but less than $2,000 remains.
Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds
The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions.
More than $8M worth of USDT passed through Bankoff's wallets since December 2020, but less than $2,000 remains.

Wells Fargo (Shutterstock)
Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain
The banking giants will use a blockchain product to settle U.S. dollar, Canadian dollar, pound and euro transactions.
Wells Fargo (Shutterstock)

Diogo Mónica, co-founder and president, Anchorage (CoinDesk archives)
Anchorage Hires Former Wells Fargo Digital Assets Executive for Banking, Capital Markets
Chapman will connect banks to Anchorage’s trading, custody and lending products.
Diogo Mónica, co-founder and president, Anchorage (CoinDesk archives)

wells, fargo, bank
Wells Fargo Launches Passive Bitcoin Fund for Wealthy Clients
JPMorgan also registered its passive bitcoin fund with U.S. regulators Thursday.
wells, fargo, bank