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      Wells Fargo in talks with Kraken parent over crypto trading liquidity partnership

      PANews, October 8 – According to CoinDesk, two people familiar with the matter said Payward, the parent company of Kraken, is in talks with U.S. financial giant Wells Fargo to become a liquidity provider for its crypto asset trading. The negotiations are still ongoing and may not result in a deal; both parties declined to comment. Wells Fargo has previously offered spot Bitcoin ETFs to eligible wealth management clients and served as the exclusive capital markets advisor for Nasdaq's $100 million investment in Payward in September. In addition, Payward is also in talks with BNY.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud