Kraken moves to acquire $181 million European bank in major push beyond crypto trading
Kraken parent company Payward has agreed to acquire Saldo Finance Oy, the owner of Saldo Bank, in a $181 million deal to…
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Bank of America backed crypto AML rules but reported over $5 billion in suspicious activity late
Bank of America CEO Brian Moynihan supported applying strict anti-money-laundering rules to crypto firms, yet the Treasury later penalized the bank over…
US deposit rates choke USDC adoption, and a BIS model reveals why
A Bank for International Settlements research paper shows that rising US bank deposit rates slow USDC adoption more than USDT adoption, highlighting…
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Standard Chartered brings Ripple’s RLUSD into banking custody after $765 million quarterly surge
Standard Chartered has launched custody services for Ripple's RLUSD stablecoin in Dubai, enabling institutional clients to use the digital asset as trading collateral through a partnership with LMAX.
Solana DvP settlement requires 100% upfront cash for every trade
The Solana Foundation released Solana DvP, an open-source delivery-versus-payment settlement framework requiring 100% upfront cash and asset funding for every trade without built-in netting.
Kraken parent joins Singapore Gulf Bank, opening 24/7 institutional dollar rails
Payward, the parent company of cryptocurrency exchange Kraken, has integrated with Singapore Gulf Bank's SGB Net clearing network to provide round-the-clock US-dollar funding capabilities for select institutional clients across Asia…
Stablecoins may not drain banks of dollars but they can still make lending more expensive
Stablecoins may not completely drain bank dollars, but they transform reliable retail deposits into volatile corporate holdings. This shift can raise regulatory funding costs for banks and ultimately make lending…
Bankers sue to overturn OCC trust-bank rule used by crypto firms
Community bankers have filed a federal lawsuit against the OCC to overturn its national trust bank rule, arguing the regulator overstepped its legal boundaries by granting charters to numerous cryptocurrency…
Six US banks have failed in 2026 but the numbers look nothing like 2023
Although six US banks have failed in 2026, surpassing the total from 2023, data shows the scale of these recent failures is vastly smaller, lacking the systemic magnitude of the…
Why an $88 billion bank reserve drop doesn’t prove a Bitcoin liquidity squeeze – yet
An analysis of Federal Reserve data reveals that a recent $88 billion drop in bank reserves does not prove a Bitcoin liquidity squeeze, as different reserve metrics and timeframes create…