Banks News
Beijing Halts Chinese Tech Giants’ Stablecoin Ambitions in Hong Kong
Chinese tech and financial companies Ant Group and JD.com are now obligated to halt the issuance of stablecoins in Hong Kong following instr...
Ripple CEO Brad Garlinghouse Urges Equal Treatment for Crypto and Traditional Finance Firms
Ripple CEO Brad Garlinghouse has called on US regulators to give cryptocurrency firms the same access to financial infrastructure as traditi...
Deutsche Bank Predicts Central Banks Will Hold Bitcoin and Gold as Core Reserves by 2030
According to a report by Bloomberg, Deutsche Bank economists Marion Laboure and Camilla Siazon forecast that central banks could soon treat ...
BBVA Launches 24/7 Bitcoin and Ether Trading for All Spanish Customers
BBVA retail clients in Spain can now buy, sell and hold Bitcoin and Ethereum directly from the bank’s mobile app. The move marks another m...
Chainlink, UBS, and Swift Pilot Bridges Banks to Blockchain with Onchain Fund Transactions
A new integration between Chainlink and Swift has enabled UBS Asset Management to trial blockchain-based fund transactions without leaving t...
FinCEN Warns Financial Institutions of Rising Crypto ATM Abuse by Criminals and Cartels
The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a formal warning to financial institutions about increasing cri...
Ripple Faces Scrutiny Over Bank Partnership Claims as CTO Responds to Transparency Concerns
YouTuber Andrei Jikh took to Crypto Twitter to voice his concern over XRP and Ripple, specifically adoption, utility and long-term viability...
Tether Gold Surges as Institutions Seek Safe Haven in Tokenised Bullion
As gold prices hit historic highs in 2025, Tether Gold (XAUt), a blockchain-based gold token, has drawn increased interest from both central...
Fed, OCC, and FDIC Spell Out Crypto Custody Rules – No New Requirements, Just Safeguards
US regulators have issued a formal clarification on how banks should approach crypto-asset safekeeping, confirming that no new supervisory s...
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...