Search results for Taurus
Crypto
Big banks expand bitcoin custody vaults, but key issue turns to quantum computers
Global big banks are expanding bitcoin custody as a strategic business, but a report warns today’s crypto custody infrastructure could face structural risks in a future quantum-computing era. Swiss digital asset technology company Taurus said major custodians carry significant risk during a shift to quantum-resistant cryptography. It said upgrades require blockchain protocol changes and broad coordination. The report argues MPC may face bigger hurdles than HSM, though the view is contested.
Crypto
UBS starts direct bitcoin, ethereum trading for some clients
UBS began offering direct bitcoin and ethereum trading to some private banking clients from January 2026. A blockchain outlet said the move is seen as pushing Swiss banks’ crypto services into a broader adoption phase. Zurich Cantonal Bank and PostFinance launched crypto services in 2024, expanding access for more than 2.5 million Swiss accounts. Swiss banks’ crypto revenue contributions have grown, while surveys show institutional investors plan to increase digital asset exposure amid custody and regulatory concerns.
Finance
Hana Fund Services to provide AI-based accountability management system
Hana Fund Services said on Thursday it will provide an AI-based accountability management system it co-developed with Deloitte Anjin to four small and mid-sized asset management firms. It signed contracts from November with Taurus and Gudo Asset Management, followed by HDC Asset Management in December and Shinyoung Asset Management in January. The company held briefings and demonstrations last year and plans to offer the solution to more firms before a revised governance law takes effect in July.