Tassat wants to help smaller banks tap the trillion-dollar stablecoin boom before Wall Street lock them out
The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves. Source:CoinDesk
Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions…
UK Parliament begins inquiry into banking chokepoint for crypto businesses
The UK’s Crypto and Digital Assets AllParty Parliamentary Group (APPG) is focused on banks that refused crypto firms accounts or introduced restrictions on…
Bank of Korea prepares for live CBDC transactions with 9 banks in September
Major banking heavyweights join a massive blockchain network test that will allow retail consumers to trade tokenized won freely across commercial lines.…
Is an opportunity to buy chip stocks nearing? These two big Wall Street banks are divided.
JPMorgan says a summer buying opportunity is coming for chip stocks, but Morgan Stanley says the sector is in for a hard remainder of 2026. Source:MarketWatch
South Korea eyes September launch for second phase of CBDC pilot: Report
The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits…
Crypto executives say digital native generations may never need a bank account
teakhouse Financial cofounder Adrian Cachinero says digitalnative generations may rely less on banks, while Binance says younger users are already driving…
Stablecoin growth will erode bank deposits, says ECB’s Cipollone
ECB’s Piero Cipollone said stablecoin adoption could erode bank deposits, but the digital euro will keep banks at the center of payments. Source:Cointelegraph
ESMA Adds 14 New CASPs to MiCA Register as Licensing Slows
ESMA adds 14 CASPs to its MiCA register, with banks and Ripple Payments Europe among the new entries as total providers reach 294. Source:Cointelegraph
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network. Source:CoinDesk
Food banks, affordable-housing providers scramble as inflation hammers low-income Americans
One Dallas food bank says demand for food assistance has surpassed what was seen during the financial crisis and the pandemic, a Federal Reserve survey has…
Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology
The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years. Source:CoinDesk