banks
Banks' survey says people don't want to rock the boat if stablecoin yield risks lending
The American Bankers Association, which lobbies against the crypto sector over the Clarity Act's stablecoin section, unveiled its new polling.
Franklin Templeton says Wall Street fears blockchain because it threatens its profits
Jenny Johnson, Franklin Templeton's CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.
Strategy sells Bitcoin for the first time in 4 years
Strategy sold 32 bitcoin between May 26 and May 31 at an average price of $77,135. Proceeds will fund distributions on its preferred stock. The news pushed bitcoin under $72,000. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
Wall Street gets new crypto rival after Texas bank completes regulatory pivot
By establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept global digital dollar volumes.
Why is Asia the epicenter of the next digital asset supercycle?
At #ConsensusMiami, Joseph Chee, Executive Chairman of Solana Company, shared a strategic vision for the "Pacific Backbone" and the institutional road to 5 billion users. Key Takeaways: - Utility & Compliance: APAC institutions are prioritizing stable, end-to-end workflows over market speculation. - Institutional Scale: Partnerships with giants like Mirae ($800B AUM) are moving RWA tokenization from theory to massive scale across Korea, Indonesia, and Singapore. - The Talent Moat: With 10M+ annual STEM grads, the region is no longer just a consumer—it is building the next global financial layer.、 - The B2B2C Path: Navigating 21 different jurisdictions requires a regulated, partner-led strategy—the only viable way to achieve true mass adoption. Watch the interview to see how Solana Company is bridging infrastructure and institutional finance across the Pacific.
Why Minnesota is empowering local banks to fight Wall Street for crypto revenue
A local banker told CoinDesk that in light of Wall Street’s aggressive push into the crypto industry, Minnesota's financial institutions could not afford to remain on the sidelines.
Senator Elizabeth Warren accuses U.S. regulator of approving unqualified crypto banks
The Senate Banking Committee's top Democrat sent a letter to the Office of the Comptroller of the Currency questioning the charters of nine crypto firms.
Standard Chartered to acquire remainder of subsidiary Zodia Custody
The bank's offer to acquire the slice of Zodia Custody it doesn't already own has been accepted by the firm's other shareholders and noteholders.
It might be too late for bitcoin’s quantum migration, Project Eleven report argues
Quantum computing does not only pose a risk to up to $3 trillion in digital assets, it also threatens the security of banking systems, military communications, digital identities and more, Project Eleven’s report warns.
Emerging-market users are treating crypto exchanges like banking apps, Binance says
One point three billion adults lack financial services, 4.7 billion lack credit, and 1.4 billion savers in low-income nations earn no deposit interest, Binance said.
