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…
Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million
Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices. Source：CoinDesk
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
Why stealing billions from a crypto exchange can be harder to stop than a bank theft
The $6.3 billion Binance breach has revived a debate over whether crypto exchanges are less secure than banks or simply harder to protect once hackers get…
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.…
Why Switzerland’s first genuine spot bitcoin ETF could soon attract overseas banks and brokers
SIX Swiss Exchange confirms international access, while FINMA explains why it approved the fund and whether ether and solana ETFs could follow. Source：CoinDesk
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