Two major international banks, Deutsche Bank and Standard Chartered, are exploring significant expansion of their cryptocurrency operations within the United States. Citing sources familiar with the matter, The Wall Street Journal reports that these banks are considering this strategic move in response to a burgeoning pro-crypto climate driven by recent political shifts. 2023 saw them partner to explore blockchain alternatives to SWIFT, aiming to streamline international payments and explore decentralized financial solutions. 2015 marked the beginning of Deutsche Bank’s exploration into blockchain technology with early pilot programs that foreshadowed its future mainstream adoption. Now, as pro-crypto legislation progresses under President Trump’s administration, both banks are reassessing their digital asset strategies. Their established experience with blockchain and previous endeavors in cross-border payments provide them with a competitive advantage as they navigate the evolving US crypto financial landscape.