Fed, OCC check US banks after Binance hack as experts flag security risks
US regulators reportedly contacted banks following last week’s $6.3 billion Binance security hack, while experts raised concerns about transaction security and…
Morgan Stanley says it is among the first banks to tokenize real world assets
The bank's announcement follows the launch of the Depository Trust & Clearing Corporation’s Tokenization Service, or DTS, on Oct. 28. Source：CoinDesk
South Korea asks its biggest banks how a major crypto hack would hit them
In its first such survey, the BOK also asked about a crypto price crash, losses at another firm, and each firm’s crypto teams, budgets and investments.…
This indicator has triggered just 5 times since 2000 — and it warns of a trap for stocks
Compared with previous market drawdowns, the current market setup is vulnerable because rising inflation limits the ability of central banks to ease rates and…
Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients
The bank uses Hong Kong's EnsembleTX system to move deposits between participating banks around the clock, settling in central bank money. Source：CoinDesk
From rivals to partners: Polygon and Solana team to bring stablecoin payments to banks
The two networks are setting aside their rivalry to connect Solana's stablecoin activity with Polygon's banking, wallet and payment infrastructure.…
Wall Street backbone DTCC brings $30 trillion securities closer to blockchain with major banks
DTCC's tokenization service went live on Canton Network and private chain Besu, with JPMorgan, Citi and Morgan Stanley among 20 firms signed up. Source：CoinDesk
Customers are chasing higher-rate products. That’s bad news for banks like HSBC.
Shares of banking giant HSBC Holdings fell as much as 7% on Tuesday as the lender revealed that customers are increasingly turning to higherrate products.…
US OCC calls on community banks to become payment stablecoin issuers
The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January Source：Cointelegraph
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach. Source：CoinDesk
UK banks face 10,000 complaints in 3 months over crypto restrictions
The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major…
Stablecoin transfers quadruple to $891B as US banks expand adoption: Report
Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.…