Banking News

Arthur Hayes Warns Banque de France’s €7.7B Loss Could Trigger Money Printing and Boost Bitcoin
Arthur Hayes, co-founder of BitMEX, believes France’s deepening fiscal shortfall is adding pressure on the European Central Bank (ECB) to ...

China Opens Shanghai Hub to Drive Digital Yuan’s Global Expansion
China’s central bank, known officially as the People’s Bank of China (PBOC), has launched a new international operations centre in S...

Japan Post Bank to Join DCJPY Network, Bringing Tokenised Assets to 120M Accounts
From FY2026, Japan Post Bank customers will be able to convert their savings into DCJPY tokens for instant settlement of securities transact...

El Salvador Greenlights Bitcoin Banking for Major Financial Institutions
El Salvador’s National Assembly has passed the Investment Banking Law, enabling large financial institutions to provide services denominat...

BoE’s Andrew Bailey Hits the Brakes on Bank-Issued Stablecoins, Bets on Tokenised Deposits
Andrew Bailey, Governor of the Bank of England (BoE), has warned that allowing commercial banks to issue their own stablecoins could undermi...

Ripple Labs Seeks U.S. Bank Charter to Cement Crypto–Finance Bridge
Ripple Labs recently applied for a national bank charter with the US Office of the Comptroller of the Currency and a Master Account with the...

Germany’s Largest Banking Group to Offer Crypto Trading by Summer 2026
Times are changing fast. Crypto is becoming more institutionalised and everyone wants a slice. Following a three-year prohibition, Germanyâ€...

Crypto Fever Grips Bolivia: $430M in Transactions Drive 630% Year-On-Year Surge
Bolivia’s crypto payments have sharply increased in the past year, reaching over US$430M (AU$658M). This marks a 630 % jump since regula...

US Central Bank Chair Open to Crypto-Friendly Banking, Wants Legislative Clarity
Chair of the US Federal Reserve, Jerome Powell, told the US Congress on June 24 that he sees no problem with banks working with crypto firms...

Cantor, SoftBank, Tether, Bitfinex Team Up for $3B Crypto Mega-Venture
Cantor Fitzgerald’s newly appointed chair, Brandon Lutnick, who is US secretary of commerce Howard Lutnick’s son, is reportedly work...

Melbourne Accountant Sees $30K Assets Frozen: CommBank Flags Legit Crypto Purchase as a Scam
Andrew Broadbent, a Melbourne accountant, tried to invest AU$30,000 in Bitcoin last August through crypto brokerage Stormrake. But the Commo...

Stablecoin Surge Threatens Traditional Banking, Senator Gillibrand Warns Against FDIC Protection
US Senator Kirsten Gillibrand believes the stablecoin bill introduced by Senator Bill Hagerty in February presents necessary restrictions an...