The evidence doesn't support the banks' case against stablecoin rewards
Source：CoinDesk
Dallas Fed warns tokenized deposits could strip $700 billion from U.S. banks' lending capacity
Programmable deposits and AI agents may enable instantaneous, automated bank switching for higher yields, driving up bank funding costs. Source：CoinDesk
Germany widens MiCA lead as latest EU register update adds 6 banks
Germany expands its lead in EU MiCA authorizations with 79 crypto asset service providers, ahead of France and the Netherlands. Source：Cointelegraph
Banks, regulators join quantum-resistant crypto transfer pilot
Participating banks will test postquantum wallets and onchain transfers while regulators from Abu Dhabi, Bhutan and Malta initially observe.…
Bitcoin and Ether bears get decimated amid 'squeeze-led' rally and Musk's X wants to pay creators in stablecoins: Crypto week in 5 stories
Bitcoin and crypto staged their strongest rally in months as Treasury intervention, regulatory moves and a historic short squeeze collided, while banks and…
Crypto for Advisors: What are tokenized deposits?
Banks are moving deposits onchain using permissioned systems, not open ones. See why privacy and compliance dictate this path in this week's newsletter.…
StanChart, HSBC execute first live transaction on Swift blockchain ledger
The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 crossborder payments.…
China triples digital yuan bank roster year-to-date as eight more banks join network
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week. Source：CoinDesk
China adds 8 banks to digital yuan network as operator count hits 30
The newly authorized lenders will begin offering eCNY services after completing operational and technical preparations. Source：Cointelegraph
The stablecoin yield clash that won't go away has banks, crypto battling over tradition
The bankers want people kept in loweryield deposits for the good of the financial system as it's existed for generations, and their argument is gaining ground.…
Crypto group backs Custodia in Supreme Court battle over Fed access
The Blockchain Association argues the Fed should not have broad discretion to deny eligible statechartered banks direct access to its payment system.…
UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets AllParty Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital…