Wells Fargo News

Two wealth managers on Wall Street will support spot Bitcoin ETFs nearly two months after the products debuted on major U.S. exchanges. 

Ripple CEO slammed Wells Fargo and the U.S. SEC as the regulator seems to have "double standards".

According to the latest news reports, the Federal Reserve Bank of New York and the Global banking giants are initiating a 12-week digital dollar pilot dubbed proof of concept (POC). The pilot aims to test the viability of using tokens…

Wells Fargo calls out a bearish sentiment on Coinbase’s shareholders upon a declaration that the listed cryptocurrency exchange will face challenging and harsh economic environments in the future. The DoomsDay Prediction Wells Fargo, a banking, investment, and mortgage financial institution,…

Researchers and financial analysts at the Wells Fargo Investment Institute’s Global Investment Strategy Team have declared in the bank’s special report for February 2022, that bitcoin (BTC) and other cryptocurrencies are viable investment vehicles that are still very much in…

Wells Fargo and HSBC Bank today announced that they’re planning to settle foreign exchange (forex) transactions on the blockchain, a report by Ledger Insights confirms. Settling Forex Transactions on Blockchain According to a report published today, major global bank HSBC…

Wells Fargo and JPMorgan have both submitted separate filings to the Securities and Exchange Commission (SEC) on August 19, 2021, for the launch of a passively-managed Bitcoin fund that will offer their wealthy clients exposure to bitcoin (BTC). Wells Fargo…

Banking giant Wells Fargo, has become the latest financial institution in the U.S. to delve into crypto, as the bank is close to onboarding an actively managed crypto strategy for its rich clients.  Wells Fargo’s Wealthy Clients to Gain Crypto…

The world’s fourth-largest bank, Wells Fargo, announced plans to use its digital token to pilot internal settlement services, which would run on its distributed ledger technology (DLT) platform. Per the press release September 17, 2019, the pilot project is expected…

Two of the world’s larger banks recently acquired three distinct patents in the field of blockchain technology. Wells Fargo’s, aptly titled “Data element tokenization management,” was filed on July 17, 2018, and looks to tokenize pretty much every possible data…