Tag: Bank

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DOJ Opens Debanking Probe Into JPMorgan, Bank of America and Wells Fargo

Federal prosecutors have subpoenaed JPMorgan Chase, Bank of America and Wells Fargo, examining whether banks unlawfully terminated customer accounts for political reasons. The probe...

Singapore bank DBS to offer tokenized gold to retail customers

Crypto-friendly DBS Bank said it will start offering tokenized gold trading to its retail customers in the second half of 2026.DBS said it will...

Stand With Crypto UK Launches Campaign Against Bank Crypto Limits

Stand With Crypto UK is urging its 286,000 members to challenge British banks restricting transfers to cryptocurrency exchanges, arguing that blanket limits on transactions...

Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One

The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform —...

Every single bank will soon need to hold digital assets, says Zodia CEO Julian Sawyer

Julian Sawyer, CEO of Zodia Custody, described Standard Chartered's ongoing acquisition of the firm as a "major validation" that highlights a growing reality in...

UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions

A U.K. House of Lords committee said the Bank of England (BOE) should reconsider its proposed limits on consumer stablecoin holdings in a new...

Wall Street gets new crypto rival after Texas bank completes regulatory pivot

A forty-year-old Texas bank is stepping onto the national stage to challenge Wall Street’s push to get a grip on the digital asset industry.United...

South Korea FSC Reportedly Reviews Hana Bank Dunamu Stake

South Korea’s financial regulator is reportedly reviewing Hana Bank’s planned $668 million purchase of a 6.55% stake in Dunamu, the operator of the largest...

Intesa Sanpaolo’s Crypto Portfolio Hits $235M as Italy’s Biggest Bank Goes Deeper Into Digital Assets

Intesa Sanpaolo, Italy’s largest bank, more than doubled its crypto exposure in the first quarter of 2026, with holdings climbing from approximately $100 million...

Hana Bank to acquire $670 million stake in Upbit operator Dunamu

The South Korean bank announced plans for a won-pegged stablecoin, blockchain remittances and tokenized securities.

Bank of England ready to water down ‘overly conservative’ stablecoin proposals: FT

The Bank of England (BOE) is set to ease proposed restrictions on stablecoin holdings following pressure from digital asset industry participants, the Financial Times...

Augustus Wins OCC Approval for AI and Stablecoin Bank Charter

Peter Thiel-backed payments startup Augustus received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a US national...