banks
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.
The bank of the future: 77% of stablecoin users say they’d open a wallet with their bank today
YouGov survey published by Coinbase and BVNK also found that 71% of users would use a stablecoin-linked debit card as a means of spending them.
Crypto's banker adversaries didn't want to deal in latest White House meeting on bill
The White House had instructed crypto executives and bankers to come ready to compromise, but bankers maintained their call for a ban on stablecoin yields.
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.
