bank News
Banks are adapting to a financial landscape shaped by blockchain, digital currencies, and fintech innovation. Bank news covers regulatory policies, institutional crypto adoption, and the challenges of integrating decentralized finance. As central banks explore digital currencies, the role of traditional banking continues to evolve.
Latest bank News
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Erebor Bank is reportedly nearing a $1.5B raise at an $8B pre-money valuation after deposits reached $4.6B by July, months after U.S. approval.
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OCC chief Jonathan Gould says digital asset firms should have a route to U.S. national bank charters as applications and scrutiny rise.
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Brazil’s largest bank by market value has joined a pilot involving more than 50 financial organizations to test the issuance, trading, and settlement of tokenized fixed-income securities and investment funds. OpenAssets said in an Aug. 11 announcement that it has…
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The FCA is discussing tokenized gold standards with banks as UK regulators explore its use as wholesale collateral under existing market rules.
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Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after receiving regulatory approval for the required ownership control procedure, creating a combined digital asset business with about 300 employees. An announcement released on Wednesday said the…
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Taurus completes its 18-month Hedera integration, giving 40+ banks access to HBAR custody, staking, tokenization and smart contracts.
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Ripple President Monica Long says banks are moving tokenized funds into production as ZILO and Licuido expand XRPL’s institutional stack.
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Intesa Sanpaolo cut its IBIT shares 94%, added a 500,000 share put and tripled its staked Ethereum ETF holding during the second quarter.
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Circle has secured a New York trust charter to expand its state regulatory footprint. According to an announcement from Circle on Friday, the stablecoin issuer has received a limited-purpose trust charter from the New York Department of Financial Services for…
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Stablecoin remittances cost up to 9% in a Bank of Italy test, with fiat on- and off-ramps driving most fees across 10 corridors.
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White House crypto adviser Patrick Witt criticized banking leaders seeking tighter stablecoin reward restrictions as Senate delays pushed the CLARITY Act’s passage odds to a record low. Patrick Witt challenges banks over CLARITY Act Witt pushed back after 134 banking…
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Cantor Fitzgerald is advising Swiss digital asset lender AMINA Bank on a possible public listing as the Wall Street firm expands its role in crypto capital markets. AMINA Bank considers a public listing According to reports, Cantor Fitzgerald is advising…
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KB Kookmin Bank has expanded its blockchain strategy by preparing to launch a Kinexys-powered cross-border corporate payment service next month, becoming the first South Korean bank to use J.P. Morgan’s blockchain payment network for trade settlements. South Korea’s Yonhap News…
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Wise plans a new U.S. national trust bank charter bid under the GENIUS Act after the OCC rejected its first filing over compliance concerns.
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While the market watched the token, the company spent $4 billion assembling what it was never granted: custody, prime brokerage, corporate treasury, and payment rails, acquisition by acquisition. This is the audit of what the money bought, what it earns,…
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The European Union has targeted 14 crypto service platforms and 94 banks and financial institutions under its 21st sanctions package against Russia. According to the Council of the European Union, the measures cover crypto providers based in Georgia, Panama, the…