Tag: Banks

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Why AI-powered hackers are keeping big banks off the blockchain

Traditional financial institutions are preparing to move trillions of dollars of assets onchain, but the risk of hacks and exploits is putting them off,...

ECB Rejects Euro Stablecoin Push, Warning of Risks to Banks and Monetary Policy

The European Central Bank warned EU finance ministers on Friday that proposals to expand euro stablecoin issuance could weaken bank lending and complicate monetary...

Why Minnesota is empowering local banks to fight Wall Street for crypto revenue

Minnesota financial institutions can no longer afford to remain on the sidelines as Wall Street aggressively captures digital asset infrastructure, driving a state-level legislative...

EUR-Denominated Stablecoins Surge 12-Fold as European Banks Scale MiCA-Compliant Assets

European banks are rapidly moving stablecoin projects from concept to production, with EUR stablecoins processed at retail VASPs growing 12-fold to $777 million in...

MoonPay expands into tokenized assets and DeFi markets with new platform for banks

MoonPay is betting institutions want broader access to onchain financial products beyond simple crypto purchases.The crypto payments firm said Thursday it started MoonPay Trade,...

Minnesota Law Opens Crypto Custody To Banks, Credit Unions

Minnesota has become the latest state to grant banks and credit unions the legal authority to offer cryptocurrency custody services, a move...

Senator Elizabeth Warren accuses U.S. regulator of approving unqualified crypto banks

The Senate Banking Committee's top Democrat sent a letter to the Office of the Comptroller of the Currency questioning the charters of nine crypto...

Minnesotan banks and credit unions set to provide crypto custody August 1

Minnesota established the midwest’s first unified digital asset safety net for banks and credit unions.

Minnesota Legalizes Crypto Custody Services for Banks, Credit Unions

Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August.On Friday, Governor Tim Walz signed House File...

Solana is shedding its memecoin reputation as big banks move billions into its ecosystem

Wall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the...

Taurus Secures MiFID II License to Provide Regulated Tokenization Infrastructure for 40+ Global Banks

Taurus SA, the digital asset infrastructure platform serving major financial institutions including Deutsche Bank, Santander, and State Street, has secured a MiFID II investment...

ABA Pushes Banks to Lobby Senators Over Stablecoin Yield Provisions

The American Bankers Association is lobbying US senators ahead of this week’s Senate Banking Committee markup of crypto legislation, warning that proposed stablecoin rules...