News
Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank.
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Banks News
While one of the goals of cryptocurrencies is to render traditional banking obsolete, banks as a financial institution still play a critical role in the advent and adoption of the emerging crypto economy in two ways.
Firstly, outside of a physical cash exchange for cryptocurrency, banks provide the fiat bridges to cryptocurrency markets. Without them, the influx of capital and interest in the blockchain industry would be nowhere near the magnitude it is today.
Secondly, many of the world’s leading banks are researching and, in some cases, developing their own central bank digital currencies, or CBDCs, which aim to secure hegemony in the digital asset space largely in response to the growth of the crypto economy.
As digital finance evolves before our eyes, banks as a commonplace financial organization may change drastically in their role and purpose in society — even if it leads to obsolescence.
- News
UBS, PostFinance, Sygnum and others launched a 2026 sandbox to test Swiss franc stablecoin use cases and blockchain payment rails in Switzerland.
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Argentine lenders are reportedly testing JPMorgan’s JPM Coin to improve settlement speed and efficiency, even as the central bank maintains restrictions on crypto services.
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The CEO's annual shareholder letter warned that new tech is reshaping finance, with tokenization and blockchain competitors gaining as the bank scales its own network.
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China’s leading tax and financial authorities are urging banks to incorporate blockchain technology to bolster their credit facilities and data transparency.
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The Independent Community Bankers of America warns Coinbase’s trust charter falls short of regulatory standards and could pose risks to consumers and the financial system.
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The new platform enables companies to hold funds, move money and settle transactions in fiat or crypto within a single regulated system.
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Chief legal officer Paul Grewal announced the approval on Thursday, thanking OCC head Jonathan Gould, who took office less than a year ago.
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The crypto exchange seeks a charter from the US Office of the Comptroller of the Currency to separate custody from trading and expand services under a regulated banking framework.
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Ahead of the November midterm elections, backers are lining up behind a new hybrid political action committee that allows contributions directly to candidates.
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Bitcoin Bond Company CEO Pierre Rochard says US regulators’ Basel III revamp cannot quietly decide how banks treat Bitcoin without clearly explaining the rules and evidence behind them.
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Crypto ETN adoption is spreading across Europe as banks expand offerings and the UK reopens retail access after lifting its ban.
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The Vienna-based crypto broker announced an Ethereum layer-2 designed for European banks and fintechs to issue tokenized assets under MiCA and MiFID II.
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UK Finance said that tokenized deposits could play a “vital role” in a future multi-money system alongside other digital assets.
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Stablecoins and custody lead adoption priorities, with firms focusing on how to build or source digital asset infrastructure.
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