RAKBank's in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race.
Banking News

Banking is any kind of business activity conducted by a bank, such as accepting deposits and creating credits, and other financial services. Banking is an old industry which has been around since ancient times. Banks in their current form (or at least similar to it) first appeared in Italy, during the period of Renaissance. Since then, banking has undergone many centuries of evolution, developing new kinds of services and financial techniques. Thanks to the advances in computer hardware and software over the past decades, a lot of banking is now done online.
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The investment banking giant’s filings for Bitcoin and Solana ETFs follow an uptick in investor demand for regulated crypto investment vehicles, driven by the new year’s “clean-slate” effect.
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JPMorgan has launched a tokenized money market fund on Ethereum, highlighting how regulated cash products may integrate into onchain settlement and collateral workflows.
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Behind the scenes, US banks are rebuilding core financial infrastructure so cash, custody and funds can move onchain under regulatory oversight.
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The Federal Reserve is seeking public feedback on a new “payment account” that could give fintechs and crypto companies easier access to the central bank’s systems.
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Michael Saylor explains why governments should consider Bitcoin-backed digital banks. It is time to examine the potential benefits and risks of Bitcoin banks.
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The conditional approvals clear a path for major crypto companies to operate as national trust banks under the supervision of the US OCC.
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Ripple Payments partnered with Swiss crypto bank Amina to plug its fiat-to-stablecoin payment infrastructure into the FINMA-regulated institution.
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The Office of the Comptroller of the Currency said crypto was one of many industries that banks had denied services to, and it could refer its findings to the Justice Department.
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Office of the Comptroller of the Currency’s Jonathan Gould says crypto companies should have a path to supervision in the banking system, which can evolve to embrace blockchain.
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While crypto offers banks an opportunity to generate new sources of revenue, Fitch warns it could bring risks that could lead to rating revisions.
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Argentina’s central bank is reportedly considering whether to allow traditional financial institutions to offer crypto services, marking the potential lifting of a ban.
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The digital bank now offers BTC, ETH, SOL and more via a secure app integration with US fintech firm Alpaca.
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Trump hasn’t confirmed who he will have replace Fed Chair Jerome Powell with next year, but two recent hints, taken together, point to his crypto-friendly adviser.
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Bank of America’s wealthiest clients will gain access to Bitcoin ETFs, while its network of over 15,000 wealth advisers can recommend crypto exposure for the first time, Yahoo reported.
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