banks
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.
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.
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.
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.
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.
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.
Santander’s Openbank Starts Offering Crypto Trading in Germany, Spain Coming Soon
The service allows customers to buy, sell and hold five popular cryptocurrencies: BTC, ETH, LTC, MATIC and ADA.
Coinbase Policy Chief Pushes Back on Bank Warnings That Stablecoins Threaten Deposits
Coinbase’s policy head said concerns of stablecoin deposit flight are myths, claiming banks are really defending profits from an outdated payments system.
Hong Kong's Central Bank Plans to Ease Rules on Banks' Crypto Holding: Report
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets
U.S. Fed Officially Scraps Specialist Group Meant to Oversee Crypto Issues
The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.
