bank News
Latest bank News
News
Major US banking trade groups have asked the Treasury Department and the FDIC to pause three GENIUS Act rulemaking comment periods until the OCC finalises its primary stablecoin framework, while stablecoin startup Agora simultaneously filed for a national trust bank…
News
SBI and Visa launch a crypto rewards card for BTC, ETH and XRP as SBI pursues Bitbank subsidiary talks in Japan.
News
U.S. crypto lobbying group Blockchain Association has urged the Federal Reserve to formalise the removal of “reputation risk” from bank supervision rules, warning that the concept has been used to restrict access to financial services. In a comment letter submitted…
News
Bitbank launches EPOS Crypto Card in Japan, letting users settle bills with bitcoin from exchange balances and earn 0.5% crypto cashback.
News
Morgan Stanley has introduced a new portfolio designed to hold stablecoin reserves within its money market fund structure. According to Morgan Stanley, the “Stablecoin Reserves Portfolio” allows issuers to place backing assets into its Institutional Liquidity Funds trust while earning…
News
European investors are starting to weigh crypto offerings when choosing banks, even as regulatory gaps and low awareness continue to slow adoption. A Börse Stuttgart Digital survey found that 35% of investors across Germany, Italy, Spain, and France would consider…
News
Traditional banks could see their market dominance challenged by the rise of stablecoins and tokenized real-world assets as these digital currencies move beyond their current niche uses. Moody’s Investors Service Digital Economy Group associate vice president Abhi Srivastava told crypto…
News
Raoul Pal claims banks will use Ethereum, sparking debate as experts question blockchain adoption in global financial systems.
News
Plans to release revised stablecoin yield language in the Clarity Act have been delayed, extending uncertainty around one of the bill’s most divisive provisions. According to a report from Politico, Senator Thom Tillis said the updated draft is unlikely to…
News
Morgan Stanley’s newly launched spot Bitcoin exchange-traded fund has overtaken the WisdomTree Bitcoin Fund in total net inflows just over a week after entering the market. Farside Investors data shows the Morgan Stanley Bitcoin Trust (MSBT) pulled in $19.3 million…
News
The American Bankers Association has warned that allowing stablecoins to offer interest could trigger a massive exodus of deposits from the traditional banking system. The American Bankers Association (ABA) issued this warning on Monday, countering a recent White House research…
News
The European Central Bank has thrown its weight behind a proposal to give the EU’s markets watchdog direct control over the continent’s largest crypto firms. The ECB issued a formal opinion on Friday stating that it fully supports moving the…
News
European banks and corporates are picking stablecoin partners as MiCA rules and payment demand push adoption across markets
News
Bank of Montreal has set up a new institute dedicated to advancing its artificial intelligence and quantum computing work, as the lender looks to strengthen its capabilities in emerging technologies. The BMO Institute for Applied Artificial Intelligence and Quantum will…
News
Morgan Stanley is set to launch its Bitcoin exchange-traded fund on the NYSE Arca stock exchange this Wednesday. A listing notice issued by the New York Stock Exchange on Tuesday confirms that the Morgan Stanley Bitcoin Trust will start trading…
News
China’s regulators are pushing for banks to upgrade the “bank-tax interaction” model in a bid to expand financing for small businesses. According to a policy notice issued by the State Administration of Taxation and the National Financial Regulatory Administration, banks…