News
South Korea’s KakaoBank is looking at services for the issuance and custody of stablecoins with plans to “actively participate” in the crypto market.
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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
The GENIUS Act’s ban on yield could dampen the appeal of digital dollars, particularly as tokenization efforts in traditional finance gain momentum.
4780 - News
TradFi giants made 345 blockchain investments between 2020–2024, with G-SIBs leading 100+ deals across tokenization, custody and payments.
36707 - News
Following the landmark US passage of the GENIUS Act, Fabian Dori of Sygnum Bank breaks down what lies ahead for stablecoins, institutional adoption and global crypto regulation.
4832 - Opinion
Money2 is a new financial system powered by stablecoins and DeFi. With $225 billion in stablecoins and code-based contracts replacing banks, Money2 is already changing how value moves.
7897 - News
Ripple claims hundreds of bank partners, but with a 30%–40% drop in XRPL activity and institutional use concentrated offchain, transparency concerns persist.
6505 - News
Coinbase and JPMorgan Chase partner to bring crypto purchases, stablecoin rewards and direct bank integrations to Chase customers.
6453 - News
Rakbank became the first traditional bank in the UAE to enable crypto trading for retail users through its mobile app, powered by Bitpanda.
5212 - News
Goldman Sachs and BNY Mellon’s tokenization push aims to keep money market funds competitive as the US accelerates stablecoin adoption, according to a JPMorgan strategist.
19348 - News
Crypto and fintech groups are urging Trump to defend open banking rules, warning the case could affect access to wallets, DeFi apps, and stablecoins.
11413 - News
Societe Generale will provide liquidity for 21Shares’ Bitcoin and Ethereum ETPs, expanding access for institutional crypto investors in Europe.
3215 - News
1inch co-founder Sergej Kunz told Cointelegraph that DeFi’s user experience, wider collateral range and optimized fees give it an edge over TradFi in the lending race.
5164 - News
Institutional interest in crypto has been rising as regulatory clarity increases in the United States.
4486 - News
The Financial Times cited an unidentified source saying CEO Jamie Dimon’s previous remarks about Bitcoin had alienated some potential clients.
4681 - News
US banking and credit union groups asked the OCC to delay deciding on bank license applications from crypto firms, arguing there are “significant policy and process concerns.”
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