UK’s largest banks complete world’s first interbank transactions using tokenized deposits
Barclays, NatWest, and HSBC and others used tokenized deposits for remortgages and a marketplacepayment test, taking bankissued digital cash beyond a single…
IBM opens beta Swift ledger link for 24/7 tokenized deposits
IBM’s beta link lets banks instruct tokenized deposit transfers on Swift’s ledger using existing payment messages and compliance processes. Source:Cointelegraph
The AI ‘scare trade’ is finally hitting banks. Bargain hunters should take note.
In an era of higher interest rates, banks have reaped big profits due to consumers’ reluctance to move money out of lowinterest checking accounts that offer…
HSBC addresses the concerns that are gripping the stock market — and dismisses most of them
Strategists at the bank recommend leaning into technology stocks, especially in the U.S. and Asia, and European banks. Source:MarketWatch
Financial stocks are falling as rates rise. Why that’s a problem for the broader market.
Higher interest rates could slow loan growth and raise banks’ funding costs Source:MarketWatch
Raiffeisen to offer crypto trading across 11 European markets via Bitpanda
Bitpanda will provide crypto infrastructure to Raiffeisen network banks, potentially extending digital asset access to about 18 million customers.…
Softbank’s mega junk-bond deal shows capital for the AI race is getting more expensive
The artificial intelligence buildout is officially crossing over to the world of junk bonds, where investors expect to be paid more for taking bigger risks.…
XRP Ledger retries upgrade that lets banks split payment and compliance duties
The upgrade could activate Oct. 5, letting businesses give another account limited powers such as making payments or approving customers without handing over…
Canada’s six largest banks explore tokenized Canadian dollar deposits
The country’s largest financial institutions are exploring tokenized deposits for interbank payments, just weeks after regulators clarified how they should be…
Canada's 'Big Six' banks to launch interbank tokenized deposit initiative
Initial testing will focus on moving digital commercial deposits across participating institutions before linking to broader digital asset ecosystems.…
European central banks push to expand stablecoin yield ban to crypto lending and staking
Central bankers argue that indirect yield structures blur the line between electronic payment tokens and commercial bank deposits, distorting financial system…
ECB, EU cenbanks seek changes in MiCA’s minimum bank deposit for stablecoins
The ECB and EU central banks want to replace MiCA’s stablecoin bankdeposit requirements with liquidity thresholds, warning that sudden withdrawals could strain…