Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a yen-backed crypto stablecoin by the...
Tag : Banks
Banks Say Stablecoin Rules Should Cover Secondary Markets
In brief The Bank Policy Institute and The Clearing House said stablecoin AML rules should cover activity after tokens leave issuers. They urged regulators to...
UK crypto advocates launch campaign against banks blocking exchange transfers
Stand With Crypto UK is urging its 286,000 members to challenge British banks restricting transfers to cryptocurrency exchanges, arguing that blanket limits on transactions to...
Bitcoin Price Prediction: Quantum Computing Will Crack Banks Before Bitcoin
Bitcoin price is barely holding its $61,000 level as a billionaire venture capitalist, Tim Draper, made a blunt prediction. According to him, quantum computers will...
Japan's Largest Banks Plan Joint Stablecoin Launch by March 2027
In brief Japan’s MUFG Bank, Mizuho Bank, and SMBC have established a council to develop operational frameworks for stablecoin issuance. The banks plan to launch...
XRP News Today: Ripple-Backed Firm Claims Real Banks Are Already Using XRP Daily
Evernorth, an XRP-focused treasury company backed by Ripple, Kraken, Pantera Capital, and SBI Holdings, is telling institutional investors that real banks are already using XRP,...
Are central banks ready to move tokenization from simulation to real money?
A Bank for International Settlements-led trial has shown that tokenized central bank money and bank deposits can complete cross-border payments in a single atomic step...
With Central Bank’s Blessing, Georgia Taps Tether for 'Official' Stablecoin
In brief Tether is working alongside the Government and Central Bank of Georgia to launch GELT, an official stablecoin pegged to the Georgian Lari. The...
The stablecoin yield loophole: Banks vs the CLARITY Act
The CLARITY Act cleared the Senate Banking Committee 15-9 on May 14, 2026, but the biggest threat to its passage was never the crypto skeptics...
Crypto, Banks, Policy Experts Press Congress to Modernize Bank Secrecy Act
In brief TRM Labs’ Ari Redbord told a House subcommittee that the Bank Secrecy Act is “structurally incapable” of keeping pace with AI-enabled financial crime....