Banks

Highlights: The digital euro cleared a key EU committee vote and could get final approval by the end of this year. Users will face holding limits and earn no interest, keeping banks safe from large deposit outflows. If approved, the […]

Highlights: China central bank official urged regulators to monitor stablecoins’ impact on payments and monetary systems. Wang Xin said safer, more connected payment systems are needed as cross-border finance grows. He also called for deeper study of CBDCs and stronger […]

Highlights: Japan’s three largest banks plan to use a jointly issued stablecoin in business transactions. The banks formed a council to study rules, systems, governance, and issuance infrastructure. The project follows an FSA-backed experiment and targets real commercial use in […]

Highlights: Tim Draper said Bitcoin may be safer than dollars held inside traditional bank accounts. Draper argued that quantum computers could threaten banks before they seriously affect blockchain networks. He said Bitcoin’s blockchain could recover through a fork if a […]

Highlights: U.S. senators urged bank regulators to create fair capital rules for digital assets. Lawmakers criticized Basel rules that give some crypto assets a 1,250% risk weight. Senators said banks need risk-based crypto rules to participate safely in digital asset […]

Highlights: Mastercard is adding regulated stablecoins to give partners more flexible settlement options. The service will support USDC, RLUSD, PYUSD, USDG, USDP, and SoFiUSD. Stablecoin settlement will first expand in the U.S. and Latin America through selected partners. Mastercard has […]

Highlights: ECB’s Isabel Schnabel warned on Monday that stablecoins could put pressure on banks if deposits shift into digital tokens. She said stablecoin runs could force reserve asset sales and affect broader financial markets. Schnabel warned that dollar-backed stablecoins could […]

Highlights: President Trump ordered a review of rules that may limit fintech and crypto firms. The Fed will study whether crypto firms can access payment accounts directly. Regulators must identify barriers, streamline approvals, and maintain proper safeguards. President Donald J. […]

Highlights: Elizabeth Warren criticized the OCC for approving crypto trust charters without full banking safeguards. Warren said some crypto firms may be using trust charters to act like banks. The senator asked the OCC to share charter documents and legal […]

Highlights: Minnesota has legalized crypto custody services for state banks and credit unions. Financial institutions must keep customer crypto assets fully separate from their own holdings. The new law takes effect on August 1, covering all custody services launched on […]

Highlights: Senate leaders released a 309-page crypto bill before the May 14 committee markup. The draft clarifies SEC and CFTC roles over crypto assets, trading, and disclosures. The bill also covers DeFi, stablecoins, self-custody, customer protection, and anti-money-laundering rules. Senate […]

Highlights: Galaxy says regulated stablecoins could support U.S. credit markets, not weaken the banking system. Offshore demand may drive most stablecoin growth under the GENIUS Act, Galaxy’s model shows. The report estimates stablecoins could add up to $1.2 trillion in […]