Banks News
Circle Seeks to Open Bank to Expand into TradFi Custody Services
USDC issuer, Circle, is eyeing a move into banking in its latest effort to integrate its web3 technology into the existing financial system....
China Fires Shot at Dollar: Digital Yuan Expansion Begins
China is challenging the dominance of the US dollar in global finance, with central bank governor Pan Gongsheng laying out a vision for a mu...
Standard Chartered and Deutsche Bank Eye US Crypto Comeback Amid Regulatory Shift
After years of sitting on the sidelines, major global banks are reportedly looking to re-enter the US crypto scene. According to a rep...
Bitcoin Too Volatile for Reserve Asset, Claims Swiss National Bank President
2025 should’ve been the year when Bitcoin and other cryptocurrencies become part of national reserve assets – alas it’s not looking gr...
Taurus Launches Enterprise-Grade Tokenisation Platform on Solana, Backed by Deutsche Bank
Taurus, a Deutsche Bank-backed digital asset infrastructure, has launched Taurus-Capital, an enterprise-grade custody and tokenisation platf...
Dashing for Billions: Czech National Bank Sets Pace, South Dakota and Kentucky Race Toward Bitcoin Reserve Strategy
If the race to establish a crypto reserve (or in most cases, a Bitcoin reserve) was a literal race, you’d assume many haven’t heard the ...
Fed Chair Powell Says Banks Open to Crypto With Proper Risk Controls
Crypto markets have gone parabolic after Fed chair Jerome Powell claimed US banks can hold crypto assets as long as they have established ri...
BoA Chief Says US Banks Ready to Adopt Crypto for Payments, Pending Regulatory Clarity
According to Brian T. Moynihan, the boss of Bank of America, US banks are ready to use crypto, as long as regulators are. The chief of the s...
Bitcoin in Bella Italia? Lawmaker Pushes for Crypto Investments but Nixes Reserve Dreams
After Italy’s largest bank, Intesa Sanpaolo, made its first-ever purchase of Bitcoin, the move sparked interest among observers. Now, ...
Italy’s Largest Bank Buys $1 Million Worth of Bitcoin as Texas, Oklahoma Join List of US States Pondering Bitcoin Reserve
How the turns have tabled. In 2017, Carlo Messina, the CEO of Italy’s largest bank, Intesa Sanpaolo, called digital assets a ‘speculativ...
No, Penny Wong Isn’t Being Sued Over a Crypto Scheme: Inside the Fake News Article
Remember that time Australia’s Foreign Minister, Penny Wong, went on live TV and promoted that dodgy cryptocurrency software? Well now eve...
Czech National Bank Considers Adding Bitcoin to Reserves: Which Other Countries Might Follow?
The plot thickens. There’s another potential entrant in the race to establish a Bitcoin reserve. Speaking on CNN Prima News, Czech Nationa...