banks
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.
Banks have stopped asking if stablecoins belong in finance, now they're considering how
Financial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030.
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.
Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.
Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions
Stand With Crypto UK is telling its members to file formal complaints with high-street banks over sector-wide transfer bans.
'I will not vote for Clarity until we address ethics': Sen. Angela Alsobrooks
Senator Angela Alsobrooks joins hosts Rebecca Rettig and Renato Mariotti to discuss the three outstanding issues she needs resolved before voting Clarity off the Senate floor. Plus, insights into Jamie Dimon's criticism over stablecoin yield. And, former Congressman George Santos named person of the week for the Kalshi insider trading investigation.
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.
