Leading South Korean Bank Toss Taps Solana to Test Cross-Border Remittances f…
In recent developments, south Korea’s Toss Bank has signed a memorandum of understanding with the Solana Foundation to test blockchain-based remittance and settlement infrastructure. A First for a Korean Internet…
Bank of England eases stablecoin rules, introduces 40B pound issuance cap
In recent developments, the Bank of England published draft rules for systemic stablecoins, easing reserve requirements and replacing holding limits with a temporary 40-billion British pound issuance cap. Looking closer,…
Bank of Ghana Orders Banks to Halt Crypto Dollar Wallets as Enforcement Risks…
In recent developments, the Bank of Ghana has issued a mandatory directive ordering all regulated financial institutions to immediately stop supporting unauthorized foreign currency digital wallets offered by cryptocurrency platforms.…
Pending Bank of Japan rate decision may impact Bitcoin price: Should traders …
In recent developments, bitcoin’s average price response to Bank of Japan rate hikes was a 22.5% sell-off. Will BOJ’s upcoming policy decision trigger another BTC price crash? Looking closer, market…
Japan’s Largest Banks Plan Joint Stablecoin Launch by March 2027
In recent developments, megabanks MUFG Bank, Mizuho Bank and SMBC have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026. Looking closer, market participants…
Bank of Israel Buys $801 Million in Rare Market Intervention to Halt the Shek…
In recent developments, the Bank of Israel purchased $801 million in May to stop the shekel from rising as the currency reached one of its strongest exchange rates against the…
A little-known 1,250% rule could lock US banks out of Bitcoin
In recent developments, a group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep banks out of Bitcoin, even as Congress moves to…
Bank of Russia Confirms September Rollout for Digital Ruble, With Top Banks ?…
In recent developments, alla Bakina, Director of the Bank of Russia’s National Payment System Department, highlighted that most private banks in Russia are ready to provide digital ruble services on…
Coinbase launches rupee bank rails in India after FIU nod
In recent developments, coinbase has switched on direct rupee bank transfers in India via IMPS, letting users move funds between local bank accounts and the exchange for spot and futures…
BIS Tests Tokenized Bank Payments With Visa, JPMorgan, UBS and Deutsche Bank
In recent developments, the Bank for International Settlements and its partners are moving Project Agorá into real-value testing. The initiative aims to make cross-border bank payments faster and cheaper while…
