South Korea’s largest bank brings cross-border payments to Kinexys
KB Kookmin Bank will launch a blockchain-based cross-border payment service for import and export companies in August 2026. Summary KB Kookmin will initially launch Kinexys-based...
Tag : Bank
South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries. South Korea’s...
Ripple bought a bank in pieces. Here is the $4 billion audit
While the market watched the token, the company spent $4 billion assembling what it was never granted: custody, prime brokerage, corporate treasury, and payment rails,...
North Korea arrests bank hacking ring tied to crypto laundering: Report
Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto. North Korean authorities...
Philippine bank BPI plans stablecoin payments pilot
The Philippine bank is preparing a stablecoin settlement pilot intended to speed up and reduce the cost of overseas payments to Filipino remote workers. The...
LayerZero and Keeta bring tokenized bank deposits to major chains
LayerZero and Keeta have partnered to make tokenized commercial bank deposits transferable across Ethereum, Solana, Base and the Keeta Network. Summary Keeta stablecoins will represent...
Swiss bank BancaStato launches regulated crypto trading with Sygnum
Swiss bank BancaStato has launched regulated cryptocurrency trading using digital asset bank Sygnum and banking software provider Avaloq. BancaStato, the cantonal bank serving Switzerland’s Italian-speaking...
The banks hired lawyers to stop Ripple’s bank
The lobby representing JPMorgan, Goldman Sachs, and Citigroup has retained counsel to challenge the regulator that approved crypto’s bank charters. No suit has been filed....
APPG Targets UK Bank Debanking of Crypto Firms Before 2027 FCA Deadline
The UK Parliament’s Crypto and Digital Assets All-Party Parliamentary Group has launched a formal inquiry into why banks refuse to open accounts and block payments...
Bank of Korea Scales Up CBDC Pilot With Half a Million Users
In brief The Bank of Korea will launch Phase 2 of its CBDC pilot in September, expanding to nine banks and a cap of 500,000...