Banking News
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...
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...