News
UK Finance said that tokenized deposits could play a “vital role” in a future multi-money system alongside other digital assets.
2010
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
Stablecoins and custody lead adoption priorities, with firms focusing on how to build or source digital asset infrastructure.
1690 - Market Analysis
Author and personal finance educator Robert Kiyosaki says Bitcoin is going to $750,000, but there's a catch.
4070 - News
SBI VC Trade said users could lend assets directly to its platform, but added that the company may re-lend funds as part of its operations.
2074 - News
PayPal is rolling out its PYUSD stablecoin in 68 additional countries beyond the US and UK, aiming to reduce cross-border fees and offer rewards on holdings.
2126 - How to
Bitcoin adoption is surging across institutions, banks and corporations, but the price tells a different story. What explains the divergence?
2214 - News
Five companies, including bank affiliates and a major conglomerate, are competing for Vietnam’s first crypto exchange licences as authorities plan to restrict offshore trading.
2292 - News
Cari Network is building a bank‑governed tokenized deposit platform on ZKsync’s Prividium stack, giving US regional lenders a stablecoin‑style, onchain payments rail.
2078 - News
Regulatory uncertainty around stablecoins may disadvantage banks, as crypto firms continue expanding while financial institutions wait for clearer rules.
3527 - News
Banks seek to deploy capital in the most efficient way possible, but capital rules under the Basel III framework make crypto holdings costly.
5328 - News
Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions.
3234 - News
Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported.
4777 - News
The Bitcoin Policy Institute wants to ensure “US regulators get Bitcoin’s treatment right” when the Federal Reserve issues proposals to implement the Basel framework.
2596 - News
The financial tech company was granted a full UK banking license on Wednesday and has also applied for a federal bank charter in the United States.
2055 - News
The US banking giant seeks trademark protection for “WFUSD,” covering crypto trading, payments, staking software and blockchain-based financial services.
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