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The Bank for International Settlements (BIS) says U.S. dollar-pegged stablecoins are repeating a pattern central banks have watched for decades, and the regulatory tools that used to work no longer…
A cross-party group of U.K. lawmakers has opened an inquiry into banking restrictions affecting crypto companies and their customers. The review will assess whether account closures, payment blocks and transfer…
Emirates NBD has gone live on the blockchain-based Partior network, becoming the first financial institution in the region to offer blockchain-enabled cross-border U.S. dollar payments. Instant Settlement via JPMorgan Dubai-based…
Strategy unveiled its Bitcoin Banking Adoption Index on July 13, finding that major banks and financial institutions are expanding bitcoin services while overall adoption stands at 32%. What’s Behind the…
The bank, which has repeatedly applied for a Federal Reserve master account, has filed a petition with the U.S. Supreme Court to determine whether regional Federal Reserve presidents have the…
Sony Bank has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to open a national trust bank built for a stablecoin business. The company…
Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement…
BNY has added USDC mint and burn capabilities to its Digital Asset Custody platform, giving institutional clients a direct path between U.S. dollars and Circle’s stablecoin without leaving the bank’s…
Chainlink, a coalition of Korean commercial banks, and a 37-member European bank consortium announced Project Pangea on June 23, a working group focused on replacing the global foreign exchange market’s…
U.S. banks held $325.1 billion in unrealized losses on their investment securities at the end of the first quarter of 2026, according to the Federal Deposit Insurance Corporation. The figure…