Financial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030. www.coindesk.com
Banks
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Adoption
Germany’s Savings Banks And Cooperative Banks Roll Out Crypto Trading For Millions
by shayaanby shayaanEurope’s largest economy is about to remove the biggest friction point in retail crypto access. According to a report from Bloomberg, Germany’s …
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Germany’s cooperative banking network has begun offering cryptocurrency trading through DZ Bank, opening digital asset access to millions of retail customers across …
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Finance
IMF, JPMorgan, Central Banks Contribute to Global Tokenized Asset Compliance Effort
by shayaanby shayaanGlobal Institutions Publish Tokenized Asset Compliance Blueprint A group of central banks, international institutions, and financial firms contributed to a Global Layer …
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Finance
Kalshi said to hold early talks with banks for potential IPO as annualized revenue triples to $2B
by shayaanby shayaanTop executives at Kalshi have engaged in early, informal talks with investment banks about a future IPO, The Information reported today, citing …
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Regulation
US regulators push user ID requirements for stablecoin issuers akin to regulated banks
by shayaanby shayaanSeveral US government agencies responsible for financial regulation have issued a proposed rule as part of the implementation of stablecoin-focused legislation, pushing …
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Regulation
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule
by shayaanby shayaanThese standards, according to the rule proposal, “must include reasonable procedures for: (1) verifying the identity of any person seeking to open …
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Markets
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act pitch
by shayaanby shayaanThe Federal Reserve, Treasury and other regulators have issued a proposed rule that would set identification standards, and it’s now open for …
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In brief The Bank Policy Institute and The Clearing House said stablecoin AML rules should cover activity after tokens leave issuers. They …
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Stand With Crypto UK has launched a campaign against bank-imposed crypto transfer restrictions after a report found that 40% of cryptocurrency transactions …