In a significant move, the 175-year-old French banking giant ODDO BHF has officially entered the cryptocurrency market. The bank announced its entry through the launch of EUROD, an […]
PNC Financial Services Unveils Strong Q3 2025 Results, Raises Growth Outlook
PNC Financial Services Group (NYSE: PNC) has delivered impressive third-quarter 2025 financial results exceeding market expectations. The company’s strong performance showcased robust earnings growth, improved credit quality, and […]
Citigroup Favors Tokenized Deposits Over Stablecoins for Future Payments
Citigroup is shifting away from stablecoins in favor of tokenized deposits for future payment infrastructure, citing compliance and efficiency advantages. This strategic pivot reflects the growing demand for […]
ECB Digital Euro Raises Concerns About Bank Stability
The European Central Bank (ECB) has issued a warning that its planned digital euro could impact bank stability, potentially causing billions in deposits to shift away from traditional […]
Citibank & JPMorgan Enter Crypto Space: A Look at Their Divergent Strategies
Two giants of traditional banking, Citibank and JPMorgan, are actively exploring the world of cryptocurrencies. As institutional investors increasingly turn to digital assets for their investments, these institutions […]
JPMorgan Introduces Bitcoin Trading to Clients, Offers Access without Full Custody
JPMorgan Chase has announced a significant shift in its approach to digital assets, signaling an openness towards cryptocurrencies while maintaining a cautious stance on risk. The bank will […]
Major Banks Join Forces on a New Stablecoin Initiative
Financial expert Levi Rietveld has raised eyebrows with his observation that leading global banks are collaborating to develop a unified digital settlement instrument. His analysis highlights the potential […]
Digital Euro Could Trigger Substantial Bank Deposit Outflows: ECB Study Finds
A simulation study by the European Central Bank (ECB) has revealed a potential risk for commercial banks in the eurozone should a digital euro be introduced. The study, […]
Peru’s BCP Launches Regulated Cryptocurrency Platform, Criptococos
Banco de Crédito del Perú (BCP), Peru’s largest bank, has launched Criptococos, marking its pioneering role as the first Peruvian institution to offer regulated cryptocurrency access. The platform […]
Wall Street Banks Partner to Create Stablecoin for Faster Global Payments
Major banks from around the globe, including Goldman Sachs, Citibank, Bank of America, and Santander, are joining forces with other institutions like Barclays, BNP Paribas, Deutsche Bank, MUFG, […]
Russia Grants Select Banks Permission to Explore Crypto-Related Activities
The Central Bank of Russia (CBR) has authorized specific commercial banks to engage in crypto-related activities. This marks a significant shift in Russia’s regulatory stance towards digital assets, […]
ECB Simulation Highlights Potential Impact of Digital Euro on Bank Deposits
A recent simulation commissioned by EU lawmakers explored the potential impact of a digital euro on bank deposits. The simulation, designed to gauge investor behavior during a financial […]
Banks Explore Stablecoin Tied to G7 Currencies
A group of prominent banks is embarking on an exploration to launch stablecoins backed by fiat currencies from the Group of Seven (G7) countries, including the US dollar, […]
Banking Giants’ Stablecoin Rumors Debunked: No Joint Venture Confirmed
Recent rumors of a joint venture between Bank of America, Citibank, and Goldman Sachs to launch a dollar-backed stablecoin have been met with skepticism. Despite the speculation, none […]
Ripple: The Future of Banking as ISO 20022 Deadline Approaches
Banks are facing a critical deadline – the November 2025 transition to the ISO 20022 messaging standard. This shift marks a fundamental overhaul in global banking, pushing institutions […]