The post from Eric Trump, tagging his crypto company, came hours after his father claimed banks were holding a market structure bill “hostage.”
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.
- News320
- News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
1508 - News
Revolut’s renewed push for a US banking license follows a failed 2021 attempt, as the $75 billion fintech expands globally.
1147 - News
The bank's asset manager and 3iQ debut an actively managed crypto ETF to Canadian investors, offering exposure to Bitcoin, Ether, Solana and XRP at a competitive 0.25% fee.
1844 - News
In a first for crypto, Kraken’s banking unit gained access to the US Federal Reserve’s payment system, Fedwire, though without full banking privileges such as interest on reserves.
3857 - News
The upgrade integrates custody, treasury automation and settlement tools as Ripple pushes deeper into institutional cross-border payments.
2189 - News
Visa and Stripe-owned Bridge aim to expand stablecoin-linked Visa cards to 18 countries, and plan 100-plus by the end of the year, while testing stablecoin settlement with Lead Bank.
1768 - News
The European Central Bank warns in a new working paper that as stablecoin adoption grows, deposits may leave banks, affecting lending and monetary policy transmission.
1574 - News
BOJ Governor Kazuo Ueda said the experiments will examine links between blockchain systems and Japan’s existing settlement infrastructure.
1388 - Opinion
Bitcoin exposes banks' hidden hierarchy of fragile IOUs, mirroring crypto's own risky layered claims on base assets.
1150 - News
Sony Bank and JPYC will study real-time transfers enabling customers to buy the yen-pegged stablecoin JPYC directly from their bank accounts.
1331 - News
Qivalis, a European banking consortium, is reportedly in talks with crypto exchanges ahead of a planned euro stablecoin launch in the second half of 2026.
3726 - News
The Wall Street banking giant has been accelerating its foray into crypto, filing to launch Bitcoin, Ether and Solana ETFs in January.
4652 - News
The UK lender is reportedly seeking a technology partner to support blockchain-based payments and deposits as stablecoin adoption accelerates across finance and Big Tech.
2231 - News
The Tether-backed crypto payments app is expanding beyond retail spending with wallet-based off-ramps into domestic banking rails.
2461