Binance CEO welcomes Standard Chartered move to launch Bitcoin trading desk
Crypto community members have praised Standard Chartered's move as further evidence of institutional crypto adoption.
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ICBC compared Bitcoin to gold and said Ethereum has established itself as "digital oil" capable of powering myriad applications across the web3 ecosystem.
Hayes said that changes in the G7 central banks' monetary policy create a fertile ground for the crypto market's growth.
The bank will also support Bitpanda’s treasury and payment processes.
Some community members have speculated that the ETH might belong to the bank's customers.
Deutsche Bank is currently testing a new platform built on the Ethereum network that is designed to offer services for tokenized funds.
BlackRock also filed its 13F disclosure, revealing a modest investment its own IBIT ETF.