50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review
A 50,000letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules.…
Stablecoins can drain from banks and nations at lightning speed
Highly liquid and settling 24/7, stablecoins can leave banks and countries at lightning speed. But whether stablecoins are a risk — or an opportunity — depends…
Crypto Biz: Wall Street and crypto fight for the same turf
Stablecoins and tokenized assets are pushing banks, exchanges and crypto companies into the same markets, from payments to stocks and ETFs. Source：Cointelegraph
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…