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
Hong Kong prepares banks for quantum threats amid tokenization push
The HKMA aims to make Hong Kong’s banking sector fully prepared for quantumrelated security risks by 2030 as the city expands tokenized finance.…
Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
Regulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail demand,…
BNY Mellon unit joins MiCA register as ESMA adds 15 providers
BNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto platforms, in the third postdeadline update.…
Europe's high regulatory bar could spark new crypto industry M&A wave
As MiCA beds in and the U.K. finalizes its crypto framework, stringent regulation could spur mergers, acquisitions and closer ties with banks. Source:CoinDesk
North Korea arrests bank hacking ring tied to crypto laundering: Report
Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto.…
Tassat wants to help smaller banks tap the trillion-dollar stablecoin boom before Wall Street lock them out
The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves. Source:CoinDesk
Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions…
UK Parliament begins inquiry into banking chokepoint for crypto businesses
The UK’s Crypto and Digital Assets AllParty Parliamentary Group (APPG) is focused on banks that refused crypto firms accounts or introduced restrictions on…
Bank of Korea prepares for live CBDC transactions with 9 banks in September
Major banking heavyweights join a massive blockchain network test that will allow retail consumers to trade tokenized won freely across commercial lines.…
Is an opportunity to buy chip stocks nearing? These two big Wall Street banks are divided.
JPMorgan says a summer buying opportunity is coming for chip stocks, but Morgan Stanley says the sector is in for a hard remainder of 2026. Source:MarketWatch
South Korea eyes September launch for second phase of CBDC pilot: Report
The Bank of Korea’s CBDC pilot will add two regional banks, new payment features and tests of government subsidy payments using tokenized bank deposits…