News
The move by the traditional banking giant would represent a significant deepening of ties to the crypto industry and change in CEO Jamie Dimon’s approach to digital assets.
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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
Expanding the stablecoin yield prohibition to include the application layer is an anti-competitive practice, industry advocacy groups say.
2138 - Newsletter
FDIC reveals a path for bank-issued stablecoins under the GENIUS Act as corporate BTC treasuries expand, Anchorage buys Securitize’s RIA arm and Bhutan taps reserves.
1760 - News
Issued by SoFi Bank, the dollar-backed token is designed for payments and settlement across banks, fintechs and enterprise platforms.
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The Federal Reserve says it has withdrawn its old guidance around crypto as it was outdated, and its understanding has evolved.
3402 - News
More than 46,000 claimants could potentially receive a payout from a court-approved settlement involving the FTX-tied Silvergate Bank, which shuttered in 2023.
2318 - News
Custodia Bank is asking the full Tenth Circuit Court of Appeals to review the US Fed’s decision denying it a master account, which would allow it to process payments directly.
2058 - News
SBI Holdings and Startale plan a regulated yen stablecoin via Shinsei Trust, aiming for tokenized assets and cross-border settlement by Q2 2026.
1977 - News
The deal folds adviser-facing tools into Anchorage’s platform while allowing Securitize to remain focused on tokenizing real-world assets.
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The new Ethereum-based fund backed by JPMorgan allows qualified investors to earn US dollar yields and subscribe or redeem using cash or stablecoins.
2921 - News
Following a missed key deadline, South Korea’s government aims to reach common ground on stablecoin regulation by January 2026.
2869 - Explained
Michael Saylor explains why governments should consider Bitcoin-backed digital banks. It is time to examine the potential benefits and risks of Bitcoin banks.
- News
The conditional approvals clear a path for major crypto companies to operate as national trust banks under the supervision of the US OCC.
3228 - News
Ripple Payments partnered with Swiss crypto bank Amina to plug its fiat-to-stablecoin payment infrastructure into the FINMA-regulated institution.
5310 - News
Standard Chartered Malaysia and AirAsia parent Capital A plan to issue and test a ringgit-pegged stablecoin for wholesale applications.
2022