banks
24/7 financial rails: How BNY plans to eliminate the weekend lag in U.S. Treasuries
The bank will begin testing tokenized Treasuries on a private blockchain by year-end and expand its settlement network to cover more international trading hours.
Revolut hits $115 billion valuation in employee share sale: WSJ
The company reported strong 2025 performance, with a $2.3 billion pre-tax profit, $6 billion in revenue, and over 75 million customers.
UK Parliament begins inquiry into banking chokepoint for crypto businesses
The U.K.’s Crypto and Digital Assets All-Party Parliamentary Group (APPG) is focused on banks that refused crypto firms accounts or introduced restrictions on crypto transactions.
Crypto executives say digital native generations may never need a bank account
Steakhouse Financial co-founder Adrian Cachinero says digital-native generations may rely less on banks, while Binance says younger users are already driving crypto adoption in emerging markets.
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.
Mizuho says Circle bank approval doesn't solve USDC growth, stablecoin competition risks
Japanese investment bank Mizuho reiterated its neutral rating on Circle, saying OCC approval for a national trust bank doesn't address slowing USDC growth or rising competition.
Circle soars after securing U.S. trust bank approval in crypto expansion
The approval adds to a growing list of crypto firms seeking federal banking licenses as the industry moves into the regulated financial system.
Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants
HSBC, UBS, Wells Fargo and Citi are among the 17 banks now preparing to pilot live transactions using tokenized digital assets on Swift’s new blockchain payments platform.
Sony secures conditional approval to set up U.S. stablecoin trust bank
The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.
Russia's largest bank plans crypto wallet launch as Moscow clears market path
Services will integrate into "Sberbank Online" and "SberInvestments" once the "On Digital Currency and Digital Rights" bill takes effect in September.
