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PNC Bank Partners With Coinbase to Launch Crypto Services for Institutional Clients
Jul 22, 2025
PNC Bank announced Tuesday it will offer cryptocurrency services to institutional and banking clients through a partnership with digital asset exchange Coinbase, making it one of the largest U.S. banks to embrace digital assets at scale. What to Know: PNC will use Coinbase's infrastructure to let cl
JPMorgan Eyes Bitcoin-Backed Loans Despite CEO's Crypto Skepticism
Jul 22, 2025
JPMorgan Chase is exploring plans to offer loans backed by clients' cryptocurrency holdings, including Bitcoin and Ethereum, as early as next year, according to a Financial Times report citing people familiar with the matter. The potential move represents a significant shift for the nation's largest
JPMorgan Chase Surpasses Estimates With $14.9 Billion Quarterly Profit
Jul 15, 2025
JPMorgan Chase reported second-quarter earnings of $14.9 billion Tuesday, beating analyst expectations despite a 17% decline from the previous year. The nation's largest bank posted earnings of $5.24 per share on revenue of $45.68 billion, exceeding Wall Street forecasts as fixed income trading and
Hungary Implements Prison Sentences Up to 8 Years for Unauthorized Crypto Trading
Jul 15, 2025
Hungary enacted sweeping cryptocurrency legislation on July 1 that imposes prison sentences of up to eight years for individuals and service providers operating unauthorized digital asset exchanges, marking one of Europe's most stringent regulatory approaches to cryptocurrency enforcement. What to K
Goldman Sachs Deploys First AI Software Engineer in Major Tech Shift
Jul 14, 2025
Goldman Sachs is testing an autonomous software engineer from artificial intelligence startup Cognition that will soon join the investment bank's 12,000 human developers, according to the firm's technology chief Marco Argenti. The program, called Devin, represents a significant milestone in Wall Str
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