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Banking News

Top Banking Stories

Latest Banking News

Goldman Sachs splits from banking lobby over the CLARITY Act - 3
News
Read more - Goldman Sachs splits from banking lobby over the CLARITY Act

Goldman Sachs splits from banking lobby over the CLARITY Act

Goldman Sachs CEO David Solomon has backed the CLARITY Act even as seven Senate Democrats oppose its latest draft and banking groups fight its stablecoin reward rules. Politico reported that Solomon was “very supportive” of moving the bill forward so…
Augustus raises $180M to build stablecoin-era clearing bank
News
Read more - Augustus raises $180M to build stablecoin-era clearing bank

Augustus raises $180M to build stablecoin-era clearing bank

Augustus raised $180 million at a $1 billion valuation to build always-on dollar clearing that connects banks, fintechs and stablecoin rails
Binance and Anchorage bring off-exchange settlement to traders
News
Read more - Binance and Anchorage bring off-exchange settlement to traders

Binance and Anchorage bring off-exchange settlement to traders

Binance partners with Anchorage Digital to let institutions trade while keeping assets in segregated custody through Atlas settlement.
Why the banking industry is fighting the CLARITY Act
Feature
Read more - Why the banking industry is fighting a crypto bill

Why the banking industry is fighting a crypto bill

The American Bankers Association sent 8,000 letters to fight one CLARITY Act provision. The reason: stablecoin yield threatens the bank deposit itself.
Bank of Korea advances deposit token project toward full-scale deployment - 4
News
Read more - Bank of Korea advances deposit token project toward full-scale deployment

Bank of Korea advances deposit token project toward full-scale deployment

The Bank of Korea and participating banks have discussed operating deposit tokens on a continuous basis with the goal of establishing conditions for a formal rollout, according to briefing materials submitted by the Korea Federation of Banks to the office…
The CLARITY Act has a two-month window. Here is the map
Feature
Read more - The CLARITY Act has a two-month window. Here is the map

The CLARITY Act has a two-month window. Here is the map

The crypto market structure bill cleared committee 15-9 and now races the Senate calendar. Every step, dispute, and probability from here to law.
KB Kookmin Bank raises $100m through blockchain powered digital bond sale - 5
News
Read more - KB Kookmin Bank raises $100m through blockchain powered digital bond sale

KB Kookmin Bank raises $100m through blockchain powered digital bond sale

KB Kookmin Bank has completed a $100 million blockchain-based digital bond sale, becoming the first South Korean bank to use distributed ledger technology for foreign currency fundraising. According to local media reports, the bank issued the two-year U.S. dollar-denominated bond…
Galaxy cuts CLARITY Act odds as Senate clock runs out
News
Read more - Galaxy cuts CLARITY Act odds as Senate clock runs out

Galaxy cuts CLARITY Act odds as Senate clock runs out

Galaxy cut CLARITY Act passage odds to 60% as Senate delays, ethics talks and election timing narrow the bill’s 2026 path.
Digital Chamber pushes Senate on CLARITY Act - 6
News
Read more - Digital Chamber pushes Senate on CLARITY Act

Digital Chamber pushes Senate on CLARITY Act

The Digital Chamber is leading a coalition of crypto firms pressing the Senate to pass the CLARITY Act. The Digital Chamber has escalated a coalition push urging the US Senate to pass the CLARITY Act. The trade group is framing…
Evernorth says XRP Ledger can modernize outdated banking rails
News
Read more - Evernorth says XRP Ledger can modernize outdated banking rails

Evernorth says XRP Ledger can modernize outdated banking rails

Evernorth says legacy banking rails lag modern tech as its XRP treasury strategy, Nasdaq plan and XRPL use keep institutions focused in 2026
XRP XRP XRP
Qivalis adds ABN AMRO, Rabobank to euro stablecoin consortium - 7
News
Read more - Qivalis adds ABN AMRO, Rabobank to euro stablecoin consortium

Qivalis adds ABN AMRO, Rabobank to euro stablecoin consortium

Qivalis has expanded its European banking alliance to 37 institutions after onboarding 25 additional banks ahead of its planned euro stablecoin launch in the second half of 2026. According to a May 20 announcement, the Amsterdam-based consortium added new members…
Crypto adoption in the U.S. reached 10% in 2025, Fed survey shows - 8
News
Read more - Crypto adoption in the U.S. reached 10% in 2025, Fed survey shows

Crypto adoption in the U.S. reached 10% in 2025, Fed survey shows

U.S. cryptocurrency adoption has climbed to its highest level in three years, with a growing share of adults using digital assets primarily as investments rather than for everyday payments, according to a new Federal Reserve report. According to the Federal…
Hana Bank’s $668M Dunamu bet sparks Korea banking rule check - 9
News
Read more - Hana Bank’s $668M Dunamu bet sparks Korea banking rule check

Hana Bank’s $668M Dunamu bet sparks Korea banking rule check

South Korea’s FSC is reviewing Hana Bank’s $668M Dunamu stake under bank-commerce rules as finance firms push deeper into crypto assets now.
Clarity Act clears Senate as Bitcoin hits $82K - 10
News
Read more - Clarity Act clears Senate as Bitcoin hits $82K

Clarity Act clears Senate as Bitcoin hits $82K

The Clarity Act cleared the Senate Banking Committee 15 to 9 on Thursday, sending Bitcoin above $82,000 for the first time in weeks. The Clarity Act advanced out of the Senate Banking Committee on Thursday in a 15 to 9…
Bitcoin BTC Bitcoin
Schwab Crypto goes live as retail clients get BTC, ETH access - 11
News
Read more - Schwab Crypto goes live as retail clients get BTC, ETH access

Schwab Crypto goes live as retail clients get BTC, ETH access

Schwab starts phased Bitcoin and Ethereum trading for select U.S. retail clients, with Paxos execution and a 75 bps fee.
Bitcoin BTC Bitcoin Ethereum ETH Ethereum
Denis Beau breaks with Lagarde over stablecoins - 12
News
Read more - Denis Beau breaks with Lagarde over stablecoins

Denis Beau breaks with Lagarde over stablecoins

Denis Beau urged immediate private-sector mobilisation to build euro stablecoins, breaking publicly with ECB president Christine Lagarde’s slower approach. Denis Beau, deputy governor of the Banque de France, called on May 12 for a “mobilization of all relevant European players,…