Banking

SWIFT Launches Blockchain Ledger Pilot With 17 Banks for Tokenized Deposits

SWIFT has launched a new blockchain-based ledger pilot with 17 major banks to test how tokenized deposits can move across financial institutions using existing banking…

6 days ago

Germany’s Local Banks Bring Crypto Trading to Millions as Traditional Finance Embraces Digital Assets

Germany's traditional banking sector is taking one of its biggest steps into cryptocy as the country's local savings banks (Sparkassen) and cooperative banks…

2 weeks ago

Russia Confirms Digital Ruble Is Ready for Nationwide Launch as Banks Prepare for September Rollout

Russia's Central Bank says "everything is ready" for the nationwide rollout of the digital ruble, with the country's largest banks and retailers set to…

2 weeks ago

DBS Moves Into Tokenized Gold as Singapore Banks Race to Bring Precious Metals On-Chain

DBS Bank, Southeast Asia's largest bank, is preparing to launch a tokenized gold offering, becoming the latest major financial institution…

1 month ago

Minnesota Becomes First Midwest State to Allow Banks to Offer Crypto Custody Services

Minnesota has officially signed a new law allowing state-chartered banks and credit unions to offer cryptocy custody services, marking a…

2 months ago

Elizabeth Warren Pressures Meta Over Stablecoin Plans Ahead of Key CLARITY Act Votes

Senator Elizabeth Warren is intensifying scrutiny on Meta’s growing stablecoin ambitions as Congress prepares for critical votes surrounding the crypto-focused CLARITY Act. The Massachusetts senator…

2 months ago

Pakistan Lifts Crypto Banking Ban and Opens Doors to Binance and Trump-Linked Deals

Pakistan has officially reversed its long-standing crypto restrictions, lifting an eight-year ban that previously blocked banks from servicing digital asset…

3 months ago

Swiss Banks Launch CHF Stablecoin Sandbox Led by UBS to Test Blockchain Payments

A group of six major Swiss banks—including UBS—have joined forces to launch a Swiss franc-backed stablecoin sandbox, marking one of the…

3 months ago

White House Says Stablecoin Yield Poses Minimal Threat to Small Banks, Undermining Key Industry Argument

The White House Council of Economic Advisers (CEA) has pushed back against one of the biggest claims made by traditional banks—stating that…

3 months ago

SoFi Launches 24/7 Banking Hub Blending Traditional Cash with Crypto

SoFi is pushing deeper into crypto-powered finance with the launch of a new 24/7 banking hub designed to seamlessly integrate traditional…

3 months ago