Tag: Bank

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U.S. Senator Warren rebuffed on delay of World Liberty bank charter over Trump ties

The OCC says the trust-bank application tied to President Donald Trump-connected World Liberty Financial will move ahead without the senator's requested pause.

Bitcoin surges to $91,000, showing signs of life on suspected Bank of Japan intervention

Having earlier breached $100 per ounce for the first time ever, silver has risen to $101, while gold sits just shy of $5,000 per...

US Bank Lobby Says Fighting Stablecoin Yields A Top Priority

The American Bankers Association (ABA) has made cracking down on stablecoin yield a top priority for 2026, amid its ongoing debate with US lawmakers...

Revolut drops U.S. bank merger plan to seek standalone license: FT

The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need...

Stablecoins Could Reach 20% of Bank Deposits in Some Emerging Markets: S&P Global

The report looks at foreign currency stablecoin adoption, namely of USD-pegged assets, in 45 emerging market countries. S&P Global Ratings says stablecoins, primarily those pegged...

Bank lobby targets stablecoin yield and open banking in policy push

The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S....

Coinbase CEO Brian Armstrong spars with France’s Central Bank chief at Davos over yield and ‘bitcoin standard’

Ripple’s Brad Garlinghouse called the WEF panel ‘spirited’ as Coinbase’s CEO defended bitcoin and stablecoins, while Villeroy warned of threats to monetary sovereignty and...

Mal Breaks MEA Records with $230m Seed Round to Build ‘World’s First’ AI-Native Islamic Digital Bank

Mal, an Abu Dhabi-based fintech founded by serial entrepreneur and former Botim CEO Abdallah Abu-Sheikh, has closed a record-breaking $230million seed funding round.Led by...

Bank of Italy Governor Says Bank Money May Become Tokenized

Commercial bank money is likely to become fully digital in the future, alongside central bank money, according to Fabio Panetta, the governor of Italy’s...

Iran’s central bank bought $507 million USDT to underpin rial, report finds

Elliptic traced more than $500 million in USDT tied to Iran’s central bank, suggesting the stablecoin was used to manage foreign-exchange pressures and build...

Punjab Provincial Cooperative Bank Taps AlHuda CIBE for Islamic Banking Overhaul

Punjab Provincial Cooperative Bank Limited (PPCBL) has formally engaged the AlHuda Center of Islamic Banking and Economics (AlHuda CIBE) to lead its transition from...

Report: RBI Proposes Linking BRICS Central Bank Digital Currencies for Payments

India’s central bank proposes linking BRICS central bank digital currencies to ease cross‑border payments. The Reserve Bank of India reportedly recommended that a proposal...