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Wall Street’s Crypto Coup? Mega Banks Quietly Gear Up for Stablecoin Entry
23.5.2025
America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures to debut crypto assets tethered to the U.S. dollar. WSJ: Stablecoin Bloc Forms Behind Closed Doors Should the Guiding and Establishing National...
Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ
23.5.2025
Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off competition from crypto firms
US big banks hold early talks on joint crypto stablecoin: WSJ
23.5.2025
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin The Wall Street Journal reported on May 22, citing...
US big banks hold early talks on joint crypto stablecoin: WSJ
23.5.2025
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin, The Wall Street Journal reported on May 22, citing...
Global Dollar USDG Eyes Hundreds of Partners Attracted by Yield, Sees 'Big Names' From TradFi
22.5.2025
Banks and large TradFi firms are preparing to join the Global Dollar network alongside firms like Robinhood, Galaxy and Anchorage, founding member Kraken said
Eric Trump: 'The Banks Made The Biggest Mistake of Their Lives'
16.5.2025
The son of U.S. President Donald Trump spoke at CoinDesk's Consensus conference in Toronto, Canada on Friday
90% of institutions ‘taking action’ on stablecoins: Fireblocks survey
16.5.2025
A new report from enterprise-grade digital assets platform Fireblocks shows that 90% of institutional players are either using or exploring the use of stablecoins in their operations.The report, published May 15, surveyed 295 executives across traditional banks, financial institutions, fintech...
Central banks testing smart contract toolkit under BIS Project Pine
16.5.2025
Central banks are experimenting with smart contracts to implement monetary policy in tokenized environments, signaling a growing interest in integrating blockchain technology into traditional finance (TradFi).According to a joint research study by the Federal Reserve Bank of New York’s...
PayPal Crypto Head Says Banks Are Needed to Unlock Full Stablecoin Potential
15.5.2025
At Consensus 2025, leaders from PayPal and MoneyGram pointed to regulation, real-world utility and trust as keys to stablecoin growth
US Community Banks Are Shrinking—Crypto Could Be the Cure, Says Digital Chamber
15.5.2025
U.S. community banks face extinction-level risk as they ignore crypto rails and real-time payment tech, warns top digital asset advocate. Crypto Offers Lifeline as US Community Banks Continue to Shrink Cody Carbone, newly appointed chief executive officer of the Digital Chamber, voiced concern...
Banks Exploring Stablecoin Amid Fears of Losing Market Share, BitGo Executive Says
14.5.2025
BitGo’s stablecoin-as-a-service has drawn significant interest from U.S. and international banks, Ben Reynolds said
From Early Michael Saylor Bet to Billions in Deals: How Jefferies Became a Crypto Powerhouse
13.5.2025
The firm has advised on 120 transactions with over $150 billion of deal value across fintech, market structure, and exchanges since 2015
Banks Just Got the Green Light: OCC Clears Crypto Trading Role
10.5.2025
U.S. banks get green light to expand crypto services with fresh OCC guidance fueling regulatory clarity and innovation in digital assets. New OCC Guidance Expands Crypto Role for Banks The Office of the Comptroller of the Currency (OCC) announced on May 7 the release of Interpretive Letter 1184...
US banks can handle customer crypto assets held in custody, regulator confirms
8.5.2025
The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said in a May 7 letter that banks and federal savings associations...
US banks can handle customer crypto assets held in custody, regulator confirms
8.5.2025
The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said in a May 7 letter that banks and federal savings associations...
OCC: Banks Can Buy and Sell Their Customers' Crypto Assets Held in Custody
7.5.2025
A new policy directive from the U.S. regulator of national banks says the institutions can also outsource crypto custody and execution to outside parties
‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings
3.5.2025
Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future
Eric Trump Warns Banks Could Be ‘Extinct’ in 10 Years Without Crypto Pivot
30.4.2025
Eric Trump said traditional banks could “be extinct in ten years” unless they embrace cryptocurrency and blockchain, telling CNBC that today’s financial plumbing is too slow, costly, and exclusionary. Eric Trump: SWIFT Is ‘a Disaster,’ Blockchain Does It Better Eric Trump, executive vice president...
Banks Must Adopt Crypto or 'Be Extinct in 10 Years,' Eric Trump Says
30.4.2025
The son of U.S. President Donald Trump said the current financial system is broken and blockchain technology is the fix
Banks must adopt crypto or be extinct in 10 years, Eric Trump says
30.4.2025
Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding cryptocurrency adoption.Banks around the world will have to adopt cryptocurrency or go extinct in a decade, Trump predicted in an interview with...