banks
Trump-Linked World Liberty Financial raises insider access questions
On-chain data analyzed by CoinDesk shows World Liberty Financial used its own stablecoin and governance tokens to borrow tens of millions through a DeFi protocol whose co-founder is an advisor of the venture. The transactions have left retail depositors exposed to concentrated liquidation risk. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Banks are treading carefully on stablecoins despite market growth, S&P Global says
Most U.S. lenders remain in a wait-and-see mode as deposit risks, regulatory shifts and new competition complicate strategy, according to the report.
Why big banks are snubbing open ledgers to build their own private blockchains
DRW founder Don Wilson says public blockchains conflict with how institutions trade and manage risk, limiting adoption.
Monument Bank to tokenize 250 million pounds of retail deposits in UK first
The deposits will remain interest-bearing, fully backed, and protected by the country's Financial Services Compensation Scheme.
Court closes Custodia fight with Federal Reserve just as Fed opens master-account door
Just days after the Federal Reserve granted a limited master account to Kraken, crypto bank Custodia's years-long court battle with the Fed concludes in a loss.
Crypto-friendly fintech Revolut gains full UK banking license
The move is a major step in Revolut's goal to become a global digital bank. Services like crypto and stock trading remain separate.
Senators try to unlock stalled crypto Clarity Act with compromise on stablecoin yield
As the window narrows to pass a crypto market structure bill this year, lawmakers told bankers at a Washington summit that the final bill won't risk deposits.
Crypto-friendly fintech giant Revolut files for U.S. banking license
The license would allow the firm to operate like a traditional bank and gain direct access to payment networks like Fedwire and ACH.
Crypto world faces growing pressure to relent on stablecoin rewards to win bigger prize
As much as crypto negotiators paint bank lobbyists' campaign against stablecoin yield as unfair, it landed a blow that one dramatic move could end.
EU banks’ euro-pegged stablecoin in talks with crypto exchanges to ensure liquidity
Qivalis is a group of 12 major EU banks developing a euro-pegged stablecoin they plan to debut in the second half of the year.
