Tag: Bank

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Standard Chartered becomes first bank to distribute Hong Kong dollar stablecoin

The London-based multinational bank with $850 billion in assets announced it will distribute Anchorpoint's HKDAP to eligible clients and partners.

XRP sinks below $1 for first time since 2024 as Korean bank adopts Ripple Payments

Fiona Murray, Ripple's managing director for Asia Pacific, said in a statement the deal reflects growing momentum across Korea's institutional financial sector, with banks...

Trump-backed World Liberty wins conditional bank charter from federal regulator

A federal bank regulator has granted World Liberty Trust Co. a conditional bank charter, it announced Friday.The Office of the Comptroller of the Currency,...

Bank Leumi taps Galaxy (GLXY) to offer crypto trading in Israel

Bank Leumi, Israel’s largest bank, will offer cryptocurrency trading to customers from early 2027 becoming the first Israeli bank to announce such a service.Customers...

Bank of Russia Proposes 3 Crypto Assets for Exchange Trading

Russia’s central bank has compiled a proposed list of crypto assets that could be admitted to public trading on exchanges under new rules approved...

Morgan Stanley’s infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank

Unlike denials (as received by Wise and Bunq) a return doesn't come with a detailed explanation. The company didn't publicly disclose the development when...

Bank of England Tests Stablecoins and Digital Pound in the Same Cross-Border Trade Flow

The Bank of England’s Digital Pound Lab is testing whether stablecoins and a digital pound can work together in cross-border trade.The experiment combines instant...

Brazil’s central bank orders exchanges to delay large crypto transfers abroad

Brazil’s central bank will require crypto exchanges to delay some customer transfers to foreign platforms and self-custody wallets for up to 24 hours as...

Bank of Russia speeds up digital asset rules following fresh western sanctions

The Bank of Russia published its first draft rules as part of the introduction of cryptocurrency regulations in the country, including capital requirements for...

Russia’s Biggest Bank Plans Crypto Trading Infrastructure By Year End

Sberbank, Russia’s biggest bank, plans to build cryptocurrency trading infrastructure including a digital depository no later than Dec. 1 as the country brings crypto...

Russia’s largest bank Sberbank plans crypto trading infrastructure by December

Russia’s largest bank, Sberbank, plans to build cryptocurrency trading infrastructure and launch a digital depository by Dec. 1 as Russia moves to bring crypto...

North Korea arrests hackers accused of laundering stolen bank funds through crypto

North Korean authorities arrested former military hackers accused of stealing state funds from two banks and laundering the proceeds through cryptocurrency.The group, according to...