A crypto venture backed by members of the Trump family has taken a significant step toward deeper integration with the US financial system by applying for a national trust bank…
SoFi has become the first U.S. bank to launch direct cryptocurrency trading, expanding its suite of financial services as regulatory clarity encourages more lenders to explore digital assets. The company…
Kyrgyzstan has officially launched its national stablecoin, USDKG, issuing more than $50 million worth of tokens backed by gold and pegged to the U.S. dollar. The state-owned company under the…
Introduction A group of prominent Wall Street banks, including Goldman Sachs, Morgan Stanley, Bank of America, and Citigroup, is reportedly investigating the issuance of stablecoins tied to G7 fiat currencies.…
Introduction A recent analysis by Standard Chartered has raised concerns that the rapid adoption of stablecoins could drain as much as one trillion dollars in deposits from emerging market banks…
Introduction The Bank for International Settlements (BIS) and the Financial Stability Board (FSB) have recently issued warnings about the risks that artificial intelligence (AI) may pose to financial stability. The…
Introduction In recent days, over a quarter of a million letters have been submitted to the offices of U.S. senators, urging them to oppose banking industry efforts to restrict yield…
Introduction Spanish banking giant BBVA has confirmed plans to issue its own stablecoin by 2026, becoming one of the first major European financial institutions to do so under the European…
Introduction JPMorgan analysts have projected that the continued expansion of stablecoins could generate as much as one trillion four hundred billion dollars in additional demand for the U.S. dollar by…
Introduction Ten of the world’s largest financial institutions, including Bank of America, Goldman Sachs, UBS, Citi, Deutsche Bank, Barclays, Santander, MUFG, TD Bank, and BNP Paribas, have officially confirmed that…