Wells Fargo

Anchorage Hires Former Wells Fargo Digital Assets Executive for Banking, Capital Markets

Chapman will connect banks to Anchorage’s trading, custody and lending products.

People  ·  26 August 2021

Wells Fargo Launches Passive Bitcoin Fund for Wealthy Clients

JPMorgan also registered its passive bitcoin fund with U.S. regulators Thursday.

News  ·  19 August 2021
Bitcoin

SEC Again Warns Investors Against Bitcoin Futures Funds

The U.S. Securities and Exchange Commission (SEC) sent out a second note to investors urging to reevaluate bitcoin futures-focused funds.

News  ·  10 June 2021
Investment

Wells Fargo to Offer Crypto Investment to Some Clients

The investments will likely be available to qualified investors next month.

Business  ·  19 May 2021
Bitcoin

First Mover: Why Wells Fargo Won’t Recommend Bitcoin to Clients

A Wells Fargo unit doesn't recommend bitcoin to clients, since they can't yet hold cryptocurrency in their accounts. What if that ever changed?   

Markets  ·  9 December 2020
Robinhood

Robinhood Taps Former Fidellity, Wells Fargo Execs as Compliance Heads

Robinhood announced on Thursday it hired Norm Ashkenas and Kelly Zigatis as chief compliance officers of its Financial and Securities teams.

News  ·  28 August 2020
Lawsuits

Victims Accuse Wells Fargo Subsidiary of Turning Blind Eye to $35M Crypto Ponzi

Plaintiffs claim Wells Fargo Advisors did not check on the activities of a financial advisor accused of defrauding 150 investors.

Policy & regulation  ·  6 April 2020
Investments

Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks

Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.

Business  ·  13 February 2020
JPM Coin

Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec

Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT. 

Business  ·  20 September 2019
Stablecoins

Wells Fargo to Pilot Dollar-Linked Stablecoin for Internal Settlement

U.S.-based financial giant Wells Fargo is developing a digital dollar that will run on the firm’s first blockchain platform.

Business  ·  17 September 2019
Gaming

How to Explain Crypto Collectibles to Your Banker

When Wells Fargo thinks your video game company is a money services business, it's time to start educating people in other fields about blockchain.

Markets  ·  17 June 2018
Tether

Dutch Bank ING Says Crypto Exchange Bitfinex Is An Account Holder

Troubled cryptocurrency exchange Bitfinex has reportedly secured a banking relationship, according to reports by Bloomberg and Reuters.

Business  ·  20 February 2018
Banking

Swift Selects Hyperledger Tech For Cross-Border Blockchain Test

Swift has revealed new details of its banking-focused blockchain proof-of-concept that already has a number of notable partners participating.

Business  ·  25 April 2017
Exchanges

Wire Transfer Problems Worsen for Digital Currency Exchange Bitfinex

Digital currency exchange Bitfinex can't send wire transfers abroad due to its ongoing banking issues, representatives said.

Markets  ·  20 April 2017
Exchanges

Bitfinex Withdraws Lawsuit Against Wells Fargo

Digital currency exchange Bitifnex has withdrawn its lawsuit against US banking giant Wells Fargo, a week after it was first filed.

Markets  ·  12 April 2017