Banking

Tether’s $10 Billion Profit So Far in 2025 Competes With Major Banks

Tether reported a massive profit of $10 billion for the first three quarters of 2025 Friday, putting the world’s top stablecoin…

6 months ago

DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade

Two of the world’s most prominent financial institutions, DBS and Goldman Sachs (GS), said they executed the first-ever over-the-counter (OTC)…

7 months ago

Absa Bank Partners with Ripple to Expand Digital Asset Custody Offering in South Africa

Absa Bank, a leading pan-African bank, today announced a strategic partnership with Ripple, the leading provider of digital asset infrastructure for…

7 months ago

U.S. Bank To Launch Digital Assets Unit for Tokenized Payments

U.S. Bank (NYSE: USB), the fifth-largest commercial bank in the United States, announced the creation of a new Digital Assets…

7 months ago

Bank of America, BNP Paribas and Deutsche Bank in Collective Exploring Stablecoin

A group of international banks have said they are working together to explore issuing a stablecoin product. The banks—Banco Santander, Bank of America,…

7 months ago

BNY Explores Tokenized Deposits Amid Rising Blockchain Payments

The Bank of New York (BNY) is looking into using tokenized deposits to make payments faster and more secure. This…

7 months ago

Coinbase Pursues OCC Federal Charter as it Looks to Bolster Innovation Between Crypto and Tradfi

Coinbase joined the roster in its pursuit of a national charter on Friday, following other cryptocy firms that have done…

7 months ago

“Banks Want to Ban Rewards on Stablecoins” Coinbase CEO Brian Armstrong States

While stablecoin adoption is growing, big banks are now under fire for trying to stop crypto rewards programs. Coinbase CEO…

8 months ago

Eric Trump: Anti-Crypto Banks Will Be ‘Extinct in 10 Years’

Eric Trump has launched a scathing attack on traditional finance—and is warning banks that if they fail to embrace crypto,…

8 months ago

U.S. Bank Restarts Digital Asset Custody Services, Including Bitcoin, ETF Support for Institutional Investors

Financial services giant U.S. Bank has restarted its crypto custody operations after pausing the service for years due to regulatory…

8 months ago