Banking News
Ripple Taps Saudi Banking Giant to Explore Blockchain Under Vision 2030
Ripple has partnered with Riyad Bank’s innovation arm, Jeel, to explore blockchain applications across cross-border payments, crypto custo...
No Turning Back for Crypto in Wall Street’s Engine Room, Says PwC
PwC says crypto is now embedded in payments, settlement and treasury systems, making institutional adoption harder to unwind as regulation m...
UBS CEO: Blockchain’s Takeover of Traditional Banking Is Inevitable
Sergio Ermotti said banks are moving beyond debate and focusing on integrating blockchain safely and at scale to improve efficiency, trust a...
Revolut Aims at Remittances, Seeks Banking License in Peru
Revolut has applied for a full banking license in Peru as part of its Latin American expansion, which would allow it to operate as a regulat...
Coinbase Hits Pause on Argentina’s Peso On-Ramp
Coinbase will halt peso-to-USDC trading and local bank withdrawals in Argentina starting Jan. 31, 2026, roughly a year after. ...
Palmer Luckey’s Erebor Bank Hits $4.35bn Valuation After $350m Raise
Erebor, the banking startup co-founded by Anduril CEO Palmer Luckey, has raised $350 million at a $4.35 billion valuation, shortly after sec...
Bank of America Opens the Door to Crypto Allocations for Wealth Clients
From next year, Bank of America advisers can proactively offer 1%–4% crypto exposure through approved Bitcoin ETFs, shifting digital asset...
JPMorgan Closes Another Crypto-Linked Account, Deepening Fears of Industry Debanking
JPMorgan closed accounts for ShapeShift's Houston Morgan. The bank's vague "concerning activity" justification fuels "crypto debanking" fear...
ECB Warns Stablecoin Run Could Ignite ‘Fire Sale’ Shock in US Treasury Markets
Stablecoins like USDT and USDC are considered risky, with the ECB warning that runs could disrupt US Treasury markets while eurozone exposur...
Sony Stablecoin? Electronics Giant Seeks U.S. Banking Licence to Offer Crypto Services
Sony Bank, the banking division of Japanese consumer electronics giant Sony, has filed an application with the US Office of the Comptroller ...
MrBeast Files Trademark for ‘MrBeast Financial’ Covering Crypto and Banking Services
James “MrBeast” Donaldson, the world’s most-followed YouTuber, has submitted a trademark application for “MrBeast Financial” throu...
Citi Steps Into Crypto: Banking Giant to Launch Digital Asset Custody by 2026
Citi is preparing to launch a cryptocurrency custody service for institutional investors by 2026, marking another step by a major Wall Stree...