Chainlink and Swift allow banks to access blockchain through existing systems
Chainlink and Swift enable tokenized fund workflows via existing banking systems. UBS pilots new Chainlink-Swift system, avoiding costly infrastructure upgrades. Global institutions can connect with crypto using their tested rails.…
Low trust in banks drives Americans toward crypto and DeFi adoption
Nearly 18% of Americans have used or owned cryptocurrency. 84% would use DeFi for online shopping, 78% for bills, 77% for saving. 54% want full control over personal and financial…
Bank of America CEO says banks will embrace crypto with clearer regulations
The banking sector could embrace crypto payments if clearer rules are in place Crypto would be another form of payment like Visa and Mastercard, said Brian Moynihan A new crypto…
Taiwan may allow local banks to issue stablecoins tied to the new Taiwan dollar
Taiwan banks may issue NTD-pegged stablecoins. FSC to propose a law in June 2025 for oversight. Stability and regulation will be key for crypto integration. In a groundbreaking move towards…
Ripple launches crypto custody solution for banks
Ripple has unveiled new features for its custody solution for banks and fintechs. The company is looking to tap into the growing tokenization and RWA market. Ripple has launched new…
Three major UK banks experimenting with tokenised deposits amid ‘Britcoin’ uncertainty
Barclays, Lloyds, and Citi banks experimenting with tokenised deposits. The trial aims to explore digital banking potential amidst the uncertain future of ‘Britcoin’. BIS’s Agora project and UK government support…
Sberbank to join Russian Central Bank’s Digital Ruble pilot
Russia’s largest bank, Sber, is set to play a vital role in CBDC testing. Sberbank operates several tech solutions including Okko streaming, Citymobil taxi, SberSound, and SberMarket. Russia’s digital currency…
Nomura Bank’s Laser Digital receives approval for operations in Abu Dhabi
Key takeaways Laser Digital has become the latest digital asset firm to receive approval to operate in Abu Dhabi. The firm is owned by Japanese banking giant Nomura Bank. Laser…
Hong Kong warns crypto firms against referring to themselves as “banks”
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks can take “deposits.” Using terms such as digital bank, crypto…
Fireblocks, Astar Network partner to bring crypto and DeFi to over 650 banks
Fireblocks’ integration with Astar Network could bring crypto and DeFi to over 650 banks. Institutional investors across banks, exchanges, OTCs and hedge funds will leverage Fireblocks’ technology to easily and…