Banca Sella to Become First Italian Bank to Launch Crypto Services
In recent developments, banca Sella has completed its notification process with the Bank of Italy, clearing the way for it to offer crypto custody and transfer services. The bank plans…
American Mega Bank Is Dumping Its Ethereum Holdings, Here’s What It’s Buying
In recent developments, ethereum is losing ground inside one of America’s largest banking portfolios as Bank of America sharply pivots toward Bitcoin-linked investment products. Fresh SEC filings from the banking…
Bank of England’s 24/7 settlement plan shows where tokenized finance can en…
In recent developments, bitcoin trades 24 hours a day, 365 days a year, and stablecoins can cross borders in seconds on a Sunday morning. And yet, if a major UK…
FDIC Board Advances Proposed Bank Secrecy Act Rule for Stablecoin Issuers
In recent developments, the FDIC advanced a proposed rule that would set Bank Secrecy Act and sanctions compliance standards for bank-linked stablecoin issuers. The measure would apply to FDIC-supervised stablecoin…
FDIC Study Links Digital Assets to Fastest Bank Runs in US History
In recent developments, an FDIC report on three failed banks stated that depositors tied to the digital asset sector and active escrow accounts were more likely to move funds during…
Bank of England Moves Stablecoin Rules to June as UK Targets Year-End Framework
In recent developments, bank of England Deputy Governor Sarah Breeden has detailed a comprehensive plan to modernize the UK financial ecosystem by integrating stablecoins, asset tokenization, and overhauled payment architectures.…
South Korea reviews Hana Bank’s Dunamu stake under banking rules: Report
In recent developments, south Korea’s FSC is reportedly reviewing Hana Bank’s $668 million Dunamu stake under “banking-commerce separation” rules that limit bank ownership tied to crypto firms. Looking closer, market…
A major bank just moved its stablecoin strategy into Wall Street’s hidden f…
In recent developments, societe Generale plans to bring SG-FORGE’s EUR CoinVertible and USD CoinVertible to Canton Network as part of a push into collateral, repo financing, and settlement. The May…
Hana Bank Buys 6.55% of Upbit Parent Dunamu in $670M Crypto Push
In recent developments, hana Bank has acquired a 6.55% stake in Dunamu, the operator of South Korea’s largest crypto exchange, Upbit. The deal marks one of the clearest signs yet…
Report: BoE Deputy Governor Breeden Signals Retreat on UK Stablecoin Ownershi…
In recent developments, the Bank of England is walking back key parts of its stablecoin rulebook after the digital assets industry pushed back hard against proposals officials now admit may…
Ethereum Foundation sacks 20% of workforce amid strategic restructuring
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