The bank is owned by billionaire Andy Beal, a major supporter of U.S. President Donald Trump's 2016 campaign.
In 2026, VTB plans to be the first Russian bank to allow clients access to spot crypto trading services.
Erik Thedéen said a different approach is needed as the U.S. and U.K. refused to implement the rules already set out.
Japan's financial regulator, FSA, said the venture will see MUFG, SMBC and Mizuho explore the joint issuance of a stablecoin as an electronic payment instrument.
Wall Street’s biggest balance sheets are quietly rebuilding the crypto stack under the banner of tokenization and custody. What began as a defensive stance toward digital assets is turning into an infrastructure shift: bringing fund administration, cash management, and settlement onto blockchain rails that look more like BNY Mellon’s LiquidityDirect platform than a typical crypto […]
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Funding round backed by Bank of America, Citi, WisdomTree and others highlights institutional push into tokenized finance.
XRP has been subjected to bold predictions about its future value in the crypto community this cycle. One such prediction came recently from Versan Aljarrah, better known as Black Swan Capitalist, who noted that the stage is set for XRP to hit the $100 mark. Here, he outlined a roadmap on social media that explains how XRP could scale from today’s modest $3 price levels to $100, $1,000, and even beyond. Big Players Need To Start Stacking According to Aljarrah, XRP’s first push to $100 is dependent on accumulation by big players. This is very important, and recent market dynamics have quietly increased this accumulation trend, especially as institutional investors are now anticipating the launch of a Spot XRP ETF anytime soon. Banks, financial institutions, and long-term investors are believed to have been quietly stacking XRP. This steady absorption of supply is creating the perfect conditions for a supply shock. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons On the demand side, XRP’s growing adoption in cross-border settlements and liquidity transfers provides a strong transactional base. When falling supply meets rising utility, the price could escalate quickly, and as such, the analyst noted that the stage is set for the token to hit the $100 mark. Moving beyond $100 requires factors that are far greater than only accumulation by big players. According to Aljarrah, moving from $100 to $1,000 requires widespread integration into the global financial system. In order to reach the $1,000 mark, the altcoin would need to switch from retail speculation and become deeply integrated into the financial system and become the go-to digital collateral and a preferred settlement layer. In this scenario, banks, stablecoin issuers, and tokenization platforms would rely on XRP for large-scale liquidity management and high-value settlements. This would cause the velocity of money and total value flowing through the XRP network to expand, and each XRP token would carry a larger share of global activity. This demand is enough to push its valuation to $1,000. Recurring $100 And $1,000 Predictions Aljarrah’s forecast aligns with past bold calls from other voices in the XRP community. Analysts such as EGRAG CRYPTO, Austin Hilton, and BarriC, and even discussions within XRP circles on social media and trading platforms, have suggested that $1,000 is possible under adoption in the realm of traditional finance. Related Reading: Pundit Drops Bombshell On XRP Circulating Supply, ‘It’s Smaller Than You Think’ These predictions vary in their timelines and assumptions but converge on the idea that XRP’s price potential is linked directly to its ability to absorb global liquidity. The idea of XRP going beyond $1,000 and reaching as high as $10,000 under full-scale utility, as Aljarrah suggested, is extreme, but it is possible if XRP reaches its full-scale utility and infinite scalability. At the time of writing, XRP is a long way from reaching the projected $100 and $1,000 price targets. XRP has been inching upward steadily this week. It is now trading at $3.10, up by 2.9% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
The service allows customers to buy, sell and hold five popular cryptocurrencies: BTC, ETH, LTC, MATIC and ADA.
Coinbase’s policy head said concerns of stablecoin deposit flight are myths, claiming banks are really defending profits from an outdated payments system.
The central bank released a draft paper for public comment with a view to clarifying the guidance on capital regulation for crypto assets
The Federal Reserve has shuttered the Novel Activities Supervision Program it built in 2023 that was — in part — meant to focus on banks' crypto activity.
A coalition of US banking groups, led by the Bank Policy Institute (BPI), has urged lawmakers to address a major oversight in the recently passed GENIUS Act stablecoin bill. In an Aug. 12 statement, the BPI conceded that the bill blocks stablecoin issuers from offering direct yields or interest to holders. However, they pointed out […]
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The order aims to stop "debanking", the practice of denying financial services for ideological reasons.
The U.K.'s incoming rules will be on the more restrictive end, said David Bailey, the executive director of prudential policy at the Bank of England.
Financial writer Robert Kiyosaki urges investors to consider assets like Bitcoin, gold and silver to protect their savings. He argues that these traditional forms of money are better shields against what he calls “mounting financial risks.” Kiyosaki has issued a fresh warning that an economic turmoil could be on the horizon. He points to the US departure from the gold standard in 1971 as the seed of ongoing instability. Related Reading: Analyst Drops Dogecoin Bombshell: 174% Surge To $0.65 In Sight Bitcoin: Signs From Past Crises According to Kiyosaki, the Long‑Term Capital Management event in 1998 and the Wall Street crash in 2008 were early warnings. He says neither of those shocks caused the real problem—they merely hinted at deeper trouble. In his view, central banks patched holes by injecting cash, but they never fixed the underlying cracks. Those quick fixes run the risk of unravelling when debt levels get too high. In 1998 Wall Street got together and bailed out a hedge fund LTCM: Long Term Capital Management. In 2008 the Cental Banks got together to bail out Wall Street. In 2025, long time friend, Jim Rickards is asking who is going to bail out the Central Banks? In other words each… — Robert Kiyosaki (@theRealKiyosaki) May 18, 2025 Central Bank Limits Exposed Based on reports, Kiyosaki believes that printing money can’t solve every financial headache. He warns that central banks may soon hit their limits. He points out that unlimited cash printing erodes trust in currency, making it hard for banks and governments to rely on the same old playbook. In his words, “You can’t borrow or print your way out of an endless pile of debt.” That debt, he says, is growing every day. Student Loans As Potential Trigger According to the warning, US student loan debt ranks high on his list of danger signs. He sees it as a ticking time bomb that could trigger serious credit shocks. He’s not alone: Treasury Secretary Janet Yellen has said that widespread defaults could unsettle credit markets. Economist James Rickards shares the view, arguing that mass non‑payments may shake the financial system more than commercial real estate or corporate bankruptcies. Growing Interest In Bitcoin And Precious Metals Based on his comments, more people are eyeing Bitcoin, gold and silver as lifeboats. He notes that Bitcoin’s capped supply gives it an edge over fiat money, which can be printed in endless batches. He contrasts a fixed 21 million‑coin limit with the unchecked growth of government debt. Gold and silver, with centuries of use as money, also win points because they can’t be created by a keyboard. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst What Investors Should Watch Kiyosaki suggests keeping an eye on three key signs: rising debt levels, growing numbers of loan defaults, and continued currency printing. He adds that a shift toward alternative assets is a crowd signal—when more people start buying Bitcoin, trust in paper money falls. He reminds readers that no one can guarantee safety in cash; history has shown that hard assets often hold value when paper money weakens. Featured image from Pexels, chart from TradingView
Global banks held $367 billion in crypto assets under custody in Q2 last year, data from the Basel Committee on Banking Supervision showed.
What we are seeing now is renewed interest in digital assets from banks across the board — from credit unions and community banks to midsize and regional players to Wall Street giants.
OCC lifts approval and control requirements for banks engaging in cryptocurrency activities in new interpretive letter.
Vivek Raman, the founder of Etherealize, spent 10 years on Wall Street. Now he's trying to market Ethereum to big banks.
FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he's critical of the FDIC's digital assets stance.
The initiative will initially focus on tokenized deposits with the HKMA providing support to local banks for trials.
History shows a rise in stock market indexes will be accompanied by increasing Bitcoin and crypto market prices, albeit in a more volatile manner.
Even with Bitcoin surging past $100,000 for the first time, some critics have remained skeptical about the cryptocurrency’s future.
Documents released on Dec. 6 show the Federal Deposit Insurance Corporation (FDIC) asked banks to pause crypto-related activities.
With the addition of Anchorage’s New York arm, the New York financial regulator has approved 34 companies since the BitLicense scheme launched in 2015.
Coinbase chief legal officer Paul Grewal claimed the letters provided evidence that an alleged US government attempt to debank firms “wasn’t just some crypto conspiracy theory.”
AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress.
The Hong Kong Monetary Authority (HKMA) has warned the public about two foreign-based crypto companies allegedly misrepresenting themselves as banks. The firms were found to have used the term “bank” when describing their products and services, potentially misleading consumers. HKMA Cracks Down On Crypto Firms Posing As Banks The HKMA, which also serves as Hong Kong’s central […]
As Bitcoin prices soared following the election, big banks are reportedly accruing $1.4 billion from futures contracts.
SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.