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...
Tag : Banks
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....
MoonPay launches MoonPay Trade to pull banks into DeFi and tokenized assets
MoonPay is launching MoonPay Trade, a new institutional platform that promises banks and fintechs unified access to tokenized assets, DeFi protocols and stablecoin liquidity across...
Euro stablecoin project Qivalis adds 25 banks ahead of launch
Qivalis, a European banking consortium developing a regulated euro stablecoin, expanded to 37 member institutions on Wednesday after adding 25 new banks across 15 countries....
Minnesota crypto custody law lets banks hold assets from Aug. 1
Minnesota has signed a new crypto custody law that lets banks and credit unions hold digital assets for customers from Aug. 1. Summary Minnesota banks...
Minnesota legalizes crypto custody services for banks, credit unions
Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August. On Friday, Governor Tim Walz signed House File...