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Wells fargo

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

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

By Bradley KeounOmkar GodboleSebastian Sinclair

Sponsored

Dec 9, 2020 at 1:54 p.m. UTC

Dec 9, 2020

Wells FargoBitcoinInvestingNewslettersFirst Mover

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Markets

Wells fargo

Robinhood Taps Former Fidelity, 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.

By Jaspreet Kalra

Sponsored

Aug 28, 2020 at 4:21 p.m. UTC

Aug 28, 2020

Wells FargoFidelityRobinhood

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Policy

Fraud

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.

By Paddy Baker

Sponsored

Apr 6, 2020 at 10:00 a.m. UTC

Apr 6, 2020

FraudWells Fargo

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Business

Elliptic

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

Banking giant Wells Fargo is backing blockchain forensics firm Elliptic.

By Ian Allison

Sponsored

Feb 13, 2020 at 1:00 p.m. UTC

Feb 13, 2020

EllipticWells FargoinvestmentsBlockchain Analytics

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Markets

Payments

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. 

By Ian Allison

Sponsored

Sep 20, 2019 at 12:00 p.m. UTC

Sep 20, 2019

paymentsWells FargoSWIFTBankingNewsJPM Coinbusiness news

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Markets

Payments

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.

By Ian AllisonDaniel Palmer

Sponsored

Sep 17, 2019 at 12:20 p.m. UTC

Sep 17, 2019

paymentsWells FargoBankingNewsSettlementStablecoinsbusiness news

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Markets

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.

By Courtney Brock

Sponsored

Jun 17, 2018 at 10:00 a.m. UTC

Jun 17, 2018

GamingWells FargoNewsCryptoKittiesERC-721

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Markets

Wells fargo

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.

By Nikhilesh De

Sponsored

Feb 20, 2018 at 11:00 p.m. UTC

Feb 20, 2018

Wells FargoBitfinexINGMerchantsBankingTetherNews

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Markets

Wells fargo

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.

By Michael del Castillo

Sponsored

Apr 25, 2017 at 7:59 a.m. UTC

Apr 25, 2017

Wells FargoSWIFTHyperledgerBankingNews

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Markets

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.

By Stan Higgins

Sponsored

Apr 20, 2017 at 4:52 p.m. UTC

Apr 20, 2017

ExchangesWells FargoBitfinexBankingNews

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