Banking News
French Bank Crédit Mutuel Arkéa Hit by Cyberattack, ZachXBT Claims Over US$133 Million Stolen
Crédit Mutuel Arkéa confirmed a cyberattack that enabled fraudulent transfers after ZachXBT named the French bank as the alleged victim of...
Ripple Secures Final US Bank Approval and Expands BNY Partnership
Ripple secured approval for a US national trust bank and expanded its BNY partnership, strengthening RLUSD reserves, digital asset custody a...
US Community Banks Unite to Build Nationwide Blockchain Network
Thirty-nine US state bankers associations have launched the BankChain Alliance, an industry-owned consortium representing 3,283 banks, plann...
Russia’s Digital Ruble Set to Go Live as Banks Confirm Readiness for September Deadline
Russia's central bank says the digital ruble is ready for nationwide use on September 1, with all 12 systemically important banks and large ...
Brazil Blocks Crypto in Cross-Border Payments, Tightens Rules on Digital Remittances
Brazil barred crypto settlement inside regulated eFX cross-border payment rails, forcing remittance providers back to fiat channels while or...
Moody’s Says Stablecoins Top $300B but Pose Limited Bank Threat
Moody's says stablecoins have crossed $300 billion in market value but remain a limited near-term threat to banks, with US yield bans slowin...
Banking Woes Rise as Record One-Third of Australians Invest in Digital Assets
Aussies continue to experience banking issues as crypto adoption hits record highs, the latest Independent Reserve Cryptocurrency Index has ...
xAI Recruits Wall Street Experts to Train Grok for Finance
AI developers are targeting finance, with xAI bringing in banking specialists to expand Grok’s capabilities for professional investment re...
Ripple Expands Stablecoin Payments Push to Challenge Legacy Banking Rails
Ripple has upgraded its Payments platform with end-to-end stablecoin capabilities, targeting banks and fintechs with faster cross-border set...
ECB Advances Digital Euro Plans, Targets 2027 Pilot Launch
The European Central Bank is preparing to select payment service providers in early 2026 for a limited digital euro pilot set to run for 12 ...
US Bank Lobby Urges OCC to Pause Crypto Trust Charters Amid Stablecoin Uncertainty
The ABA has called on the OCC to slow approvals of national trust bank charters for crypto and stablecoin firms until regulatory obligations...
Coinbase Calls Out Australian Banks Over “Systemic” Crypto Debanking
Coinbase has accused Australian banks of routinely denying services to legitimate crypto and fintech firms, warning that debanking has becom...