DBS Bank rolls out new ‘Token Services’ for blockchain banking
DBS Bank has introduced DBS Token Services, a new blockchain-based offering designed to streamline institutional banking processes. The DBS Token…
Russia’s central bank to probe crypto-linked cross-border transfers, banking channels
The Bank of Russia is planning to investigate cross-border crypto transfers by residents, focusing on banking channels to assess the…
Latin America’s Nubank sunsets trading of its Nucoin crypto
Brazilian Nubank has abruptly halted trading of its Nucoin cryptocurrency, citing a need to protect users from potential market volatility.…
Switzerland’s fourth-largest bank ZKB launches crypto services
Zurich Cantonal Bank, Switzerland’s fourth-largest bank, has launched crypto trading and custody services, expanding its financial offerings. Zurich Cantonal Bank,…
DBS unveils blockchain solution for streamlined government grant disbursement
Singaporean banking giant DBS has introduced a blockchain-powered solution that uses smart contracts to streamline the disbursement of government grants.…
Citigroup’s veteran departs to pursue career in crypto: report
Citigroup’s head of digital assets Shobhit Maini is leaving the bank to pursue an “entrepreneurial opportunity” in the crypto space.…
Web3 challenges lead Hong Kong official to push for virtual bank expansion
Hong Kong legislator Johnny Ng has called for an expansion of virtual bank services to address hurdles faced by web3…
Tether CEO warns MiCA stablecoin rules could pose ‘systemic risks’ to EU banks
Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves requirements, could…