StanChart, HSBC execute first live transaction on Swift blockchain ledger
The transaction connected the banks’ separate tokenized deposit systems through Swift’s ledger, marking a step toward interoperable, 24/7 crossborder payments.…
China triples digital yuan bank roster year-to-date as eight more banks join network
The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week. Source:CoinDesk
China adds 8 banks to digital yuan network as operator count hits 30
The newly authorized lenders will begin offering eCNY services after completing operational and technical preparations. Source:Cointelegraph
The stablecoin yield clash that won't go away has banks, crypto battling over tradition
The bankers want people kept in loweryield deposits for the good of the financial system as it's existed for generations, and their argument is gaining ground.…
Crypto group backs Custodia in Supreme Court battle over Fed access
The Blockchain Association argues the Fed should not have broad discretion to deny eligible statechartered banks direct access to its payment system.…
UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets AllParty Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital…
Yellow Card raises $40 million to link banks to stablecoin processing
The funds bring Yellow Card’s total financing to more than $120 million since being founded 10 years ago. Source:CoinDesk
Mastercard completes $1.8B BVNK acquisition in stablecoin push
Mastercard said the tieup would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement and treasury services. Source:Cointelegraph
Here’s what’s worth streaming in August 2026 on Netflix, Hulu, HBO Max and more
Turn off your brain and enjoy new seasons of Apple’s ‘Ted Lasso,’ Amazon’s ‘Reacher,’ Netflix’s ‘Outer Banks’ and much more Source:MarketWatch
BIS Project Agorá settles $1 million in tokenized cross-border payment trials
Twentyeight financial institutions and central banks completed realvalue settlements across six currencies using tokenized central bank reserves and commercial…
Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Twentyeight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchainbased settlement. Source:CoinDesk
A key cryptocurrency bill could flop because of Trump’s crypto ventures and banks’ objections
The Clarity Act’s progress in May helped lift the price of bitcoin, but now the measure is facing obstacles in the full Senate. Source:MarketWatch