Nubank wins conditional US approval to form national bank

In recent developments, the conditional approval moves the Latin American fintech into the bank organization phase as it seeks to expand regulated banking and crypto services in the United States.…

Bybit to launch retail bank accounts with personal IBANs in February

In recent developments, crypto exchange Bybit said its new “My Bank” accounts will give users personal IBANs, instant fiat access, multi-currency transfers and crypto trading under their own name. Looking…

Stablecoins are real threat to bank deposits, says Standard Chartered

In recent developments, stablecoin growth could drain bank deposits, with regional US banks most exposed, Standard Chartered’s Geoff Kendrick warned. Looking closer, market participants highlight key drivers such as liquidity…

Ripple Secures Strategic Saudi Banking Partnership as Vision 2030 Fuels Finte…

In recent developments, ripple is pushing deeper into Saudi Arabia, teaming up with Riyad Bank’s innovation arm to advance blockchain adoption across payments, custody and tokenization as the Kingdom accelerates…

Ripple partners with Saudi bank unit on blockchain payments, custody

In recent developments, ripple’s agreement with Riyad Bank highlights growing institutional interest in blockchain for payments, custody and tokenization across global financial markets. Looking closer, market participants highlight key drivers…

Crypto Meets Private Banking: UBS Weighs New Offering

In recent developments, reports say Swiss banking giant UBS is planning to let a small group of its private bank clients buy and sell major cryptocurrencies. The step would open…

Trump-picked OCC head proceeds with consideration of WLF’s bank charter

In recent developments, the Office of the Comptroller of the Currency said no political or personal financial ties will impact the procedural review of World Liberty Financial’s bank charter application.…

Elliptic Says Iran’s Central Bank Quietly Built a $500M Stablecoin War Chest

In recent developments, elliptic says Iran’s central bank quietly accumulated more than $500 million in dollar-backed stablecoins, using blockchain infrastructure to bypass sanctions and stabilize its collapsing currency. Blockchain Analysis…

Iran‘s central bank acquired $507M in USDt to prop up rial: Elliptic

In recent developments, the Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDt amid escalating protests and crypto usage in the country. Looking closer,…

Bank of Italy chief says banks, not stablecoins, anchor digital money

In recent developments, the Bank of Italy’s Fabio Panetta said stablecoins can only play a complementary role in the monetary system, arguing that their stability depends on fiat currency pegs.…