Sony Bank gets US regulator nod to issue stablecoins
Sony Bank, a subsidiary of Sony Financial Group, said it’s received preliminary approval to establish a new US national trust bank subsidiary that will issue...
Tag : Bank
Sony Bank Clears OCC Hurdle for Dollar Stablecoin
In brief Japan’s Sony Bank has won conditional approval from the U.S. Office of the Comptroller of the Currency to set up a national trust...
Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea (BOK) has doubled down on its stance that won-denominated stablecoins should first be issued through bank-led consortiums. According to local reports...
Andrew Bailey denies Farage swayed Bank of England CBDC stance
The Bank of England has reaffirmed that its work on a potential digital pound has remained independent despite claims that political lobbying may have influenced...
Bank of England governor denies Farage lobbying swayed CBDC policy: Report
Bank of England Governor Andrew Bailey has reportedly denied that lobbying efforts by Nigel Farage influenced the central bank’s approach to a potential central bank...
European central bank leaders call for AI guardrails to protect markets
European regulators have warned that rapid advances in agentic artificial intelligence have outpaced existing rulemaking, with central banks and financial authorities calling for new safeguards...
DZ Bank brings crypto trading to millions through German banks
Germany’s cooperative banking network has begun offering cryptocurrency trading through DZ Bank, opening digital asset access to millions of retail customers across the country. Summary...
India's central bank revives push to isolate banks from crypto: Report
The Reserve Bank of India (RBI) reportedly backed a containment strategy for digital assets to shield banks and other financial institutions from exposure to crypto...
Erebor Bank seeks $8B valuation as crypto banking bet pays off
Digital-first Erebor Bank has entered fundraising talks that could value the lender at at least $8 billion, nearly doubling its $4.35 billion valuation from the...
Russia Is Ready for 'Widespread Use' of Digital Ruble by September, Says Bank Governor
In brief Russia’s digital ruble rollout is on track to begin on September 1, as mandated by a law passed last year. The CBDC is...