banks

banks

Finance

Latin America’s biggest digital bank just won a key battle to offer crypto custody in U.S.

The Brazilian digital bank announced it received conditional OCC approval to provide deposit accounts, credit cards, lending and digital asset custody in the United States.

Nubank office in Mexico. (Photo: Provided by Nubank Press Office/Modified by CoinDesk)

Policy

UK banks’ anti-crypto stance intensifies even as regulatory process moves forward

A crypto lobby group said it found "increased hostility" from British banks, casting a shadow over the global cryptocurrency leadership the country said it is vying for.

Tower blocks including HSBC, Citi in Canary Wharf. (Andrea De Santis/Unsplash/Modified by CoinDesk)

Policy

Trump’s AI and crypto czar says crypto and traditional banks will become ‘one industry’

Sacks believes the divide between banking and crypto industries will disappear, with banks potentially seeing stablecoin issuance as a way to enter the market.

Crypto and Artificial Intelligence Czar David Sacks speaks at the White House (Jesse Hamilton/CoinDesk)

Policy

Trump-linked World Liberty Financial-connected firm applies for federal bank charter

World Liberty Financial is trying to launch the World Liberty Trust Company, a stablecoin-focused national trust bank, it said Wednesday.

Donald Trump (Jesse Hamilton/CoinDesk)

Policy

PayPal, issuer of PYUSD, applies for Utah industrial bank license

The company behind the PYUSD stablecoin said it wants to offer business lending and interest-bearing savings accounts.

PayPal building

Policy

Small Texas Lender Monet Joining Field of Crypto-Focused Banks

The bank is owned by billionaire Andy Beal, a major supporter of U.S. President Donald Trump's 2016 campaign.

(Brock Wegner/Unsplash/Modified by CoinDesk)

Finance

Russian Banking Giant VTB to Become Country's First to Offer Spot Crypto Trading: Report

In 2026, VTB plans to be the first Russian bank to allow clients access to spot crypto trading services.

Moscow's International Business Center, where Federation Tower is located. Garantex and a host of other non-compliant Russian exchanges operate out of Federation Tower. (Getty Images/ValerijaP)

Policy

Banks' Capital Rules When Holding Crypto Need to Be Reworked, Says Basel Chair: FT

Erik Thedéen said a different approach is needed as the U.S. and U.K. refused to implement the rules already set out.

The BIS building in Basel

Policy

Japan Regulator to Support Country's 3 Largest Banks in Stablecoin Issuance

Japan's financial regulator, FSA, said the venture will see MUFG, SMBC and Mizuho explore the joint issuance of a stablecoin as an electronic payment instrument.

Aerial view of Tokyo (Jaison Lin/Unsplash, modified by CoinDesk)

Finance

Fnality Raises $136M to Expand Blockchain Payment Systems for Banks

Funding round backed by Bank of America, Citi, WisdomTree and others highlights institutional push into tokenized finance.

Major banks' logos light up the night atop skyscrapers. (Miquel Parera/Unsplash)