JPMorgan Is the First Bank Into the Metaverse, Looks at Business Opportunities
The Wall Street bank has opened a lounge in blockchain-based Decentraland.
Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report
The trust banking arm of Mitsubishi UFJ plans to use blockchain technology for securities trading with the stablecoin acting as a payment instrument.
Japanese Trading House Mitsui to Launch Gold-Linked Cryptocurrency: Report
ZPG coin will also be used for digital payments, Nikkei Asia reported.
SoFi Can Launch Bank Provided It Doesn't Touch Crypto
The student loan and financial service provider cannot "engage in any crypto-asset activities or services," the Office of the Comptroller of the Currency said.
BitMEX CEO, CFO to Buy One of Germany's Oldest Banks
Bankhaus von der Heydt was formed in 1754 and became one of the first regulated institutions in Germany to offer digital asset services.
US Banks Form Group to Offer USDF Stablecoin
Founding members of the USDF Consortium include New York Community Bank, FirstBank and Sterling National Bank.
BCB Group Expands in Europe With Acquisition of 100-Year-Old German Bank
The German regulator is expected to approve the transaction by the end of February.
Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain
The banking giants will use a blockchain product to settle U.S. dollar, Canadian dollar, pound and euro transactions.
Visa Launches Crypto Advisory Services for Banks as Demand for Digital Assets Grows
“Every bank should have a crypto strategy,” Visa argues.
OCC Highlights Digital Assets in Risk Report for Banks
“The OCC is approaching crypto-related activities ... very carefully,” the OCC’s semiannual risk report says.
