# US investment bank Cowen launches dedicated crypto division

# US investment bank Cowen launches dedicated crypto division

” US investment bank Cowen launches dedicated crypto division “ Cowen, a major American independent investment bank, has officially launched a dedicated cryptocurrency and digital asset division. Called Cowen Digital, Cowen’s new business is designed to offer full-service trade execution and custody for cryptocurrencies like Bitcoin (BTC) and other digital assets for institutional investors, the…

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#Russians have up to 3 billion stashed in Swiss banks

#Russians have up to $213 billion stashed in Swiss banks

“Russians have up to $213 billion stashed in Swiss banks” ZURICH — Switzerland’s secretive banks hold up to $213 billion of Russian wealth, the country’s financial industry association estimates, as sanctions on Russia give a rare glimpse inside Swiss vaults. The Swiss Bankers Association (SBA) estimated that the banks hold between 150 billion and 200…

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# Bank of Israel issues draft guidelines on cryptocurrency AML/CFT

# Bank of Israel issues draft guidelines on cryptocurrency AML/CFT

” Bank of Israel issues draft guidelines on cryptocurrency AML/CFT “ On March 10, the Bank of Israel published draft regulation of anti-money-laundering and combatting the financing of terrorism (AML/CFT) risk management for the banks facilitating crypto-to-fiat transactions. The move hints at the Israeli government’s preparations to legalize and regulate the relationship between banks and…

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