Preliminary OCC approval outlines a bank that could consolidate key crypto functions, while outside venues and infrastructure remain essential.
The post How Morgan Stanley plans to bring crypto custody, staking and lending support in-house appeared first on CryptoSlate.
Strategy's new Bitcoin Banking Adoption Index gives 25 major banks and financial institutions an overall 32% score based on activity across custody, trading, investment products, lending, and leadership support. The figure is a depth score, measuring how far banks have built out Bitcoin-related services across the institutions Strategy tracked. Bitwise's Q3 2026 Crypto Market Review […]
The post Banks are building the rails to profit from 13.9 million BTC they do not own appeared first on CryptoSlate.
Circle National Trust starts with custody for Circle and affiliates, while outside institutional custody and USDC reserve management remain future possibilities.
The post Circle can now open a US trust bank but cannot take ordinary deposits or make loans appeared first on CryptoSlate.
JPMorgan sees Wall Street’s shift toward private blockchains as a deeper threat to Bitcoin than Strategy selling its BTC. JPMorgan warned that shifting tokenization, payments, and settlement onto closed networks could drain activity, liquidity, and capital from crypto while pushing valuations lower. Hybrid public-private systems, tighter stablecoin rules, and Bitcoin’s staying power as digital gold […]
The post JPMorgan’s $4.7T private blockchain warning just gave Bitcoin bulls fresh ammunition appeared first on CryptoSlate.
Crypto was founded on a simple premise: people should be able to send, hold, and manage money without going through a bank. Fifteen years later, some of the industry's most significant developments involve banks doing that, on blockchains, for their own institutional clients. JPMorgan now settles payments in its own deposit token on a public […]
The post Crypto wanted to replace Wall Street – Instead, Wall Street took over crypto appeared first on CryptoSlate.
The standards request pushes the CBDC debate toward disclosure, political money, and who gets access while payment rules are still open.
The post The fight over the UK’s digital pound has become a battle over crypto’s political influence appeared first on CryptoSlate.
The 140-partner model challenges USDC reserve economics while leaving issuer, reserve and redemption tests unresolved.
The post Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail appeared first on CryptoSlate.
Aave's latest market move is becoming a referendum on how investors value DeFi lending as its economics begin to resemble those of financial infrastructure. The token rallied as AAVE traded around $94.32 on June 27, up 13.16% over 24 hours. At the same time, a reported Standard Chartered bull case described Aave in automated-bank terms, […]
The post Aave rally makes DeFi lending look more like a bank to investors appeared first on CryptoSlate.
PBOC's first overnight reverse repo gives traders a new liquidity gauge, but one injection does not reset Bitcoin's fragile setup near $60K.
The post China issues $44B cash injection giving Bitcoin bulls a new signal as fear grips market appeared first on CryptoSlate.
Banks across the US, the UK, and Europe finally have a legal path to issue stablecoins, custody Bitcoin, and settle tokenized funds, yet the capital rulebook that governs it all still treats a Bitcoin position as something close to a guaranteed loss. Under the Basel Committee's cryptoasset standard, which has been live in member jurisdictions since January 1, […]
The post Outdated bank rules may keep crypto outside the banks now allowed to hold it appeared first on CryptoSlate.
Waller's conference framing turns dollar tokens from a crypto-market tool into a question for Treasury demand, bank funding, and global liquidity.
The post Stablecoins are quickly becoming the Kevin Warsh’s Fed’s next policy problem appeared first on CryptoSlate.
The framework targets T+0 payment-versus-payment settlement while keeping banks on familiar Swift and ISO 20022 workflows.
The post Chainlink’s latest stablecoin push targets the capital stuck in bank FX settlement appeared first on CryptoSlate.
Three federal agencies have proposed rules that would make stablecoin issuers operate like banks. The Treasury wants them to run anti-money-laundering and sanctions programs. The Office of the Comptroller of the Currency (OCC) wants a weekly confidential report and a quarterly financial report from each one, and the Federal Deposit Insurance Corporation (FDIC) wants Bank […]
The post Stablecoin regulation converts issuers into psuedo-banks while adding a barrier to entry for smaller players appeared first on CryptoSlate.
The reported $100 UNI target hinges on tokenized assets leaving closed rails for liquid, composable markets.
The post Standard Chartered’s $100 Uniswap call exposes the open DeFi problem Wall Street may need to solve appeared first on CryptoSlate.
On June 10, administration officials hosted law enforcement groups at the White House to resolve the provision most likely to block the CLARITY Act from reaching the Senate floor for a vote. As Eleanor Terrett reported, the meeting drew around 20 attendees over nearly 90 minutes, with developer protections drawn from the Blockchain Regulatory Certainty […]
The post CLARITY Act moves to a fight between cops and coders appeared first on CryptoSlate.
SBI Shinsei Bank is reportedly offering crypto deposit rewards to customers, with vouchers worth 20% of their interest payments redeemable for BTC, ETH, or XRP through SBI VC Trade. A three-month campaign launched on June 10, with a broader rollout planned for fall, covering ordinary deposits and time deposits from three months to five years, […]
The post Japan’s SBI is using XRP to solve a banking problem appeared first on CryptoSlate.
The $650 million equipment-finance target gives RWAs a real-economy use case, but loan performance will still depend on underwriting, collateral, servicing, and investor liquidity.
The post Lenders want AI to turn months of private-credit paperwork into one-day on-chain loans appeared first on CryptoSlate.
Bipartisan Senate talks over crypto ethics turned rocky this week after a Democratic source described an “about-face” by GOP members and the White House on a prior enforcement agreement. The disputed provision would have allowed state attorneys general to sue the Justice Department for failing to enforce certain crypto ethics requirements. As Punchbowl News and […]
The post CLARITY Act momentum slows to a crawl as lawmakers clash over crypto ethics rules appeared first on CryptoSlate.
cirBTC gives Circle a BTC wrapper, but the harder test is whether custody, reserves, liquidity, and redemption controls can win institutional use.
The post Circle wants wrapped Bitcoin to look bank grade before institutions trust it as collateral appeared first on CryptoSlate.
The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit accounts.
The post Big banks may have found their answer to the CLARITY Act’s stablecoin challenge appeared first on CryptoSlate.
A group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep banks out of Bitcoin, even as Congress moves to give traditional financial firms a larger role in digital asset markets. In a May 27 letter to Federal Reserve Vice Chair for Supervision Michelle Bowman, FDIC Chair Travis […]
The post A little-known 1,250% rule could lock US banks out of Bitcoin appeared first on CryptoSlate.
A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK's regime is finalized. The Financial Services Regulation Committee published its report, Stablecoins: waiting for regulation, on June 3, turning a technical debate over reserve design into a test of whether the UK can build a pound-denominated stablecoin […]
The post Bank of England stablecoin caps may choke the UK’s pound-token market before launch appeared first on CryptoSlate.
On May 28, Aave Labs announced that its UK subsidiaries Push Labs Ltd. and Push Virtual Assets Ltd. received FCA registration as cryptoasset exchange providers, layered on top of the group's existing Electronic Money Institution authorization. Combined with the MiCAR CASP license that Push Virtual Assets Ireland Limited secured from the Central Bank of Ireland […]
The post Aave now has a regulated path from bank accounts to DeFi lending – The hard part is keeping users there appeared first on CryptoSlate.
Project Acacia has now tested how tokenized asset markets could settle in Australia. The Reserve Bank of Australia and Digital Finance Cooperative Research Centre released findings from Project Acacia, a wholesale experiment that moved digital money and tokenization from policy theory into market plumbing. The project tested 20 wholesale tokenized asset market use cases across […]
The post Australia’s Project Acacia shows why tokenized markets still hinge on settlement money appeared first on CryptoSlate.
Tether and the Government of Georgia plan to launch a stablecoin, pushing a national currency directly onto private stablecoin rails before most governments have settled on how that model should work. The Tether Georgia stablecoin plan centers on GEL₮, a stablecoin representing the Georgian lari. The May 25 announcement describes GEL₮ as the official stablecoin […]
The post Tether’s Georgia stablecoin plan moves early on national payment rails appeared first on CryptoSlate.
Labor argues the bill could give digital assets enough regulatory cover to move closer to retirement accounts before safeguards catch up.
The post US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money appeared first on CryptoSlate.
The tariff refund trade has moved from court hypothesis to Treasury accounting, and the macro picture looks more consequential than traders initially framed it, with traders increasingly watching whether the process can improve Bitcoin price's macro outlook. The US Customs and Border Protection had processed $35.46 billion in tariff refunds as of May 11, including […]
The post Bitcoin price to get a macro boost as BofA says tariff refunds could cool inflation appeared first on CryptoSlate.
President Donald Trump has pushed the Federal Reserve to revisit one of the most contested gateways in US finance, escalating a fight over whether crypto and fintech firms should be allowed to connect directly to the central bank’s payment system. On May 19, Trump signed an executive order directing the Fed to evaluate its policies […]
The post Trump order puts Kraken, Ripple, Coinbase and Circle in line for Fed payment rails appeared first on CryptoSlate.
Societe Generale plans to bring SG-FORGE's EUR CoinVertible and USD CoinVertible to Canton Network as part of a push into collateral, repo financing, and settlement. The May 13 move puts the French bank's stablecoin effort closer to the operating layer of institutional markets. SG-FORGE has already issued regulated CoinVertible tokens, and CryptoSlate has covered the […]
The post A major bank just moved its stablecoin strategy into Wall Street’s hidden financing machine appeared first on CryptoSlate.
Inside a packed Senate hearing room on May 14, the air was heavy with the tension of a high-stakes jurisdictional brawl on the CLARITY Act. What was intended to be a routine legislative markup became a grueling “tick-tock” of procedural maneuvering, personal barbs, and a desperate search for a bipartisan middle ground. Ultimately, the bill […]
The post How CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down appeared first on CryptoSlate.