Banks

In brief The Bank Policy Institute and The Clearing House said stablecoin AML rules should cover activity after tokens leave issuers. They …

Stand With Crypto UK has launched a campaign against bank-imposed crypto transfer restrictions after a report found that 40% of cryptocurrency transactions …

Stand With Crypto UK is urging its 286,000 members to challenge British banks restricting transfers to cryptocurrency exchanges, arguing that blanket limits …

Three of Japan’s biggest banks, MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank, are in line to co-issue a stablecoin …

Stablecoins have gone from crypto curiosity to the center of mainstream finance in under a year, with the first US federal framework …

Stand With Crypto UK is telling its members to file formal complaints with high-street banks over sector-wide transfer bans. www.coindesk.com

MUFG, SMBC and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. www.coindesk.com

In short Japan’s MUFG Bank, Mizuho Bank and SMBC have established a council to develop operational frameworks for stablecoin issuance. The banks …

America’s biggest banks are launching tokenized deposits to compete with stablecoins, opening a new front in the race to become the dominant …

The Clearing House, the private payments infrastructure company owned by America’s largest financial institutions, is set to operate a shared blockchain network …