Circle Internet Group shares have dropped more than 2% in pre-market trading after US banking groups urged the Senate to tighten stablecoin provisions in the CLARITY Act, adding fresh pressure to the stock. According to a joint letter from several…

U.S. banking groups have urged the Senate to tighten the CLARITY Act’s stablecoin yield rules, warning that unclear language could encourage payment stablecoins to compete with traditional bank deposits. According to a joint letter sent Monday to Senate Majority Leader…

HashKey, Shanghai Commercial Bank and Visa launched a Hong Kong credit card offering up to 4% rewards converted into crypto-linked vouchers.

Wall Street banks restrict employee prediction-market trades as insider concerns grow around Polymarket, Kalshi and event contracts.

Circle secured final OCC approval for a national trust bank offering regulated digital asset custody and future USDC reserve management.

Italy’s largest bank disclosed an $18 million XRP position, and the interesting part is not the size but the plumbing: the exposure runs through Grayscale’s trust, not through wallets, keys, or even the shiny new ETFs. Bank crypto exposure has…

HSBC has completed its first blockchain-based issuance of a digitally native structured product, using tokenized U.S. dollar-denominated notes in a private placement for institutional investors in Hong Kong. According to HSBC, the pilot transaction involved U.S. dollar-denominated structured notes issued…

The article was updated with a correction to state that BitGo has been granted full OCC approval. Sony Bank has secured conditional approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, moving…

The biggest fight in American finance right now is over a single clause: whether digital dollars can pay their holders interest. Banks say yield-bearing stablecoins would drain trillions in deposits and break the lending machine. Crypto says the banks are…

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 to reduce risks to financial markets. According to remarks made during the European Central Bank’s…

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. According to a Bloomberg report, the rollout gives customers of participating cooperative banks the ability to…

Russia says the digital ruble is ready for Sept. 1 rollout, even as EU sanctions and U.S. CBDC limits reshape the policy debate globally.