Day: 23 July 2025

PNC Bank Partners with Coinbase to Launch Crypto Buy, Sell, and Hold Services

PNC Bank, a major financial institution based in Pittsburgh, has announced a new partnership with Coinbase to offer customers the ability to buy, hold, and sell cryptocurrencies directly through PNC’s platform. Utilizing Coinbase’s Crypto-as-a-Service (CaaS) technology, this collaboration is designed to provide secure and seamless access to digital assets for ...

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Goldman Sachs and BNY Mellon Launch Blockchain-Powered Tokenized Money Market Funds, Pioneering a New Era for Institutional Investors

Goldman Sachs and BNY Mellon, two giants of global finance, have announced the launch of tokenized money market funds for institutional investors, ushering in a transformative step in the integration of blockchain technology with traditional asset management. The move represents a significant milestone for the $7.1 trillion U.S. money market ...

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FBI Concludes Inquiry into Kraken Founder Jesse Powell; Devices Returned with No Impact on Exchange

The FBI has officially concluded its investigation into Jesse Powell, founder of the cryptocurrency exchange Kraken, and has returned the devices it had previously seized from him. This development closes a chapter of uncertainty surrounding Powell, a prominent figure known for advocating privacy and regulatory clarity in the crypto industry. ...

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South Korea Orders Asset Managers to Limit Crypto ETF Exposure Amid Regulatory Uncertainty

South Korea’s financial regulators have issued fresh directives requiring domestic asset managers to limit their exposure to crypto-related companies, such as Coinbase and MicroStrategy, within exchange-traded funds (ETFs). The move, confirmed on July 23, comes as the nation’s Financial Supervisory Service (FSS) seeks to reinforce a longstanding policy restricting institutional ...

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