Tag: Institutional

Contextualizing LMAX Digital’s record-breaking year

Contextualizing LMAX Digital’s record-breaking year

Quick Take Institutional spot exchange LMAX Digital is seeing record volumes as interest soars LMAX Digital has the second-highest monthly volume of all exchanges that support fiat currencies Its average trade size is more than three times higher than the trailing Bitstamp This research piece is available to members of The Block Genesis. You can […]

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US bank regulator unveils push to compel banks to provide fairer access to banking services

US bank regulator unveils push to compel banks to provide fairer access to banking services

A proposed rule from the US Office of the Comptroller of the Currency seeks to provide a particular kind of equitable relief to affected businesses: fairer access to banking services.  Published on November 20, the OCC’s stated position is that “banks should provide access to services, capital, and credit based on the risk assessment of […]

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Lukka teams up with financial services giant IHS Markit to plug crypto data into Wall Street

Lukka teams up with financial services giant IHS Markit to plug crypto data into Wall Street

In a bid to woo institutional investors and large financial services firms to the digital asset market, crypto tax services and data provider Lukka has teamed up with information services giant IHS Markit to provide its data products to Wall Street.  In an announcement Wednesday, Lukka — best known for its retail crypto tax business — […]

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Fiat Freeway: Norges Bank studies CBDC’s effect on ‘Safe Asset’ Funding

Fiat Freeway: Norges Bank studies CBDC’s effect on ‘Safe Asset’ Funding

Quick Take ‘Fiat Freeway’ is a weekly column providing the latest updates on central bank digital currencies (CBDCs) and Stablecoins.  Pieces thus far have focused on the ECB’s ‘digital euro’ initiative and the Fed’s classification of CBDC literature to date.  This week’s column starts with an overview of Norges Bank’s third CBDC report, which considers […]

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Gazprombank’s Swiss bank receives approval to provide crypto custody services to clients

Gazprombank’s Swiss bank receives approval to provide crypto custody services to clients

The Swiss Financial Market Supervisory Authority (FINMA) has authorized Gazprombank Ltd to offer cryptocurrency custody services as well as trading between crypto and fiat currency, according to a release published Oct. 29.  Such services are intended for the bank’s corporate and institutional clients and, after following a stringent evaluation process, will extend to a limited […]

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The Interchange: Bitcoin as an investor relations tool

The Interchange: Bitcoin as an investor relations tool

Quick Take Microstrategy gives a historic earnings update this week as the first US-listed public company to hold bitcoin; could we see a subset of lower-quality public companies look to bitcoin to drive new investor interest? This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on […]

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Mapping out Bitcoin’s ecosystem

Mapping out Bitcoin’s ecosystem

Quick Take It’s been more than eleven years since Bitcoin, the peer-to-peer digital currency, was created and launched by its pseudonymous creator Satoshi Nakamoto Over the past year, legacy financial services and prominent fintech firms have been accelerating their strategic desires to expand into digital assets The Block has mapped out a total of 114 […]

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