#Banking

Highlights: Ripple has received final OCC approval to establish a national trust bank for its digital asset services. The new bank will manage RLUSD stablecoin reserves and offer digital asset custody services to institutions. Ripple’s RLUSD stablecoin has reached a […]

Highlights: The Bank of Israel rejected Netanyahu’s crypto proposal, saying cryptocurrencies cannot help the country bypass financial sanctions. Netanyahu asked advisers to explore blockchain payments as Israel faces possible international banking restrictions. The central bank urged Israel to protect its […]

Highlights: Kraken’s parent Payward plans to buy Lithuania’s Saldo Bank, bringing the crypto company into European banking. The planned deal could help Kraken offer loans, deposits, and digital assets through a single platform. The acquisition needs regulatory approval, with completion […]

Highlights: Michael Saylor wants broader digital asset rights covering creation, custody, transfers, payments, banking and tokenized markets. He supports Bitcoin banking access, competition from digital dollars, financial privacy and simpler rules for everyday crypto use. Saylor believes AI-driven finance could […]

Highlights: Revolut’s euro stablecoin EURR starts with selected customers across Denmark, Poland, and Portugal. Bridge issues EURR under MiCA rules, with reserves designed to support a €1.00 peg. Multiple blockchains and external wallets will support euro-denominated transfers.  UK-based neobank Revolut […]

Highlights: Citi plans to launch Bitcoin custody later this year through its Custody+ platform. Institutional clients will access traditional and digital asset custody within one framework. More than 80% of the bank’s event volume now processes in real time. American […]

Highlights: UK lawmakers warn banking restrictions could slow crypto industry growth despite upcoming FCA regulation for digital assets. Crypto firms report difficulty opening bank accounts, while several banks also limit customer transfers to exchanges. The APPG is reviewing banking access […]

Highlights: ECB concerns have placed euro stablecoins at the center of Europe’s digital finance talks. Bruegel says strict MiCA rules could shift tokenized markets toward dollar-backed assets. EU ministers remain split as banks, stablecoin issuers, and policymakers weigh the next […]

Highlights: The euro stablecoin project now has support from 37 banks across 15 European countries. Qivalis plans a MiCA-compliant launch in the second half of 2026. Banks want faster cross-border settlement and less reliance on dollar-backed tokens. Qivalis, a European […]

Highlights: Stablecoins reduce cross-border payment costs in emerging markets where fees can reach up to 8%. Most transfer costs come from banking infrastructure rather than currency conversion in global payment systems. Stablecoins enable faster dollar transfers with near-zero fees compared […]

Highlights: Senator Lummis urges American banks to embrace stablecoins for novel financial products. The CLARITY Act is delayed because of resistance to stablecoin yield provisions. Stablecoins would provide banks with a new source of income and attract more customers. Senator […]

Highlights: UBS is exploring offering crypto trading for select clients in Switzerland. UBS’s crypto offering may include Bitcoin and Ethereum trading for wealthy clients. The move comes as other major banks expand their crypto services to meet growing client demand. […]