Tag: Banks

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Dubai Tops Asian Crypto Hubs, India Isolates Banks From Crypto: Asia Express

India's central bank revives push to isolate banks from crypto: ReportThe Indian central bank reportedly urged lawmakers to keep banks insulated from crypto and...

How big banks plan to capture a quadrillion-dollar market

"If we don't have a euro on the blockchain, the banks will use the dollar because it's there, it's available and it has a...

J.P. Morgan broadens Kinexys blockchain settlement network as banks modernize cross-border payments

J.P. Morgan has expanded the number of currencies supported by its Kinexys blockchain payments platform, a move that could make it easier for multinational...

Chainlink Launches Project Pangea With 50+ Banks Across 16 Countries for T+0 FX Settlement

Chainlink and a multinational consortium of more than 50 banks across 16 countries launched Project Pangea at Point Zero Forum in Zurich, targeting real-time...

Chainlink teams up with 47 South Korean, European banks to speed up international money transfers

"This is not just a POC," Ariyasinghe said. "Everyone's coming in with their eyes wide open. Appetite is very much about building real infrastructure...

Anchorage Digital aims to bring banks onchain with new tokenized deposit platform

Federally chartered crypto bank Anchorage Digital is rolling out infrastructure that allows banks to issue tokenized deposits, joining a growing effort by financial institutions...

US Agencies Push User ID Requirements for Stablecoin Issuers Akin to Regulated Banks

Several US government agencies responsible for financial regulation have issued a proposed rule as part of the implementation of stablecoin-focused legislation, pushing for similar...

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

These standards, according to the rule proposal, "must include reasonable procedures for: (1) verifying the identity of any person seeking to open an account...

Big banks are ditching private blockchains to build tokenized cash networks on public infrastructure

Banks are focusing on pulling stablecoins and tokenized forms of more traditional financial instruments into one integrated package to meet growing institutional demand for...

Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions

The Coinbase-backed group Stand With Crypto UK called on its 286,000 members to file formal complaints against British retail banks over blanket restrictions on...

Banks Get Direct Access to Ethereum, Solana Staking Through Taurus Custody

Swiss digital asset infrastructure firm Taurus has partnered with P2P.org to let banks and financial institutions access staking services directly through Taurus’ custody platform.The...

Japan’s three largest banks eye joint stablecoin issue by March 2027

Three of Japan's largest banks said they will jointly issue a stablecoin this financial year, which ends in March.Mitsubishi UFJ Financial Group (MUFG), Sumitomo...