banks
Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Zerohash, which handles crypto plumbing for Morgan Stanley's E*Trade, said it's planning on re-filing and hoping for a swift resolution.
Crypto-friendly bank Erebor in talks to raise $1.5 billion at $9.5 billion valuation: FT
Total deposits grew from $1.1 billion in March to $4.6 billion by July, driven by clients in crypto, AI and defense.
UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets All-Party Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital asset businesses.
Yellow Card raises $40 million to link banks to stablecoin processing
The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago.
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface.
BNY targets $8.6 trillion transfer agency market on blockchain rails
The world’s largest custodian will keep its existing system while adding a digital ownership record for tokenized funds.
Hong Kong’s central bank puts a number on lenders' quantum preparedness. It's very low.
The Hong Kong Monetary Authority published a whitepaper on the quantum preparedness of Hong Kong’s banking industry and its first Quantum Preparedness Index.
Russia’s largest bank Sberbank plans crypto trading infrastructure by December
New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July 2027.
24/7 financial rails: How BNY plans to eliminate the weekend lag in U.S. Treasuries
The bank will begin testing tokenized Treasuries on a private blockchain by year-end and expand its settlement network to cover more international trading hours.
Revolut hits $115 billion valuation in employee share sale: WSJ
The company reported strong 2025 performance, with a $2.3 billion pre-tax profit, $6 billion in revenue, and over 75 million customers.
