The integration will use Coinbase's Payments API and custodial wallets to embed stablecoin rails into Moov's existing payments platform.
DBS and Citi completed the first weekend cross-border USD settlement between Singapore and the U.S. using tokenized deposits.
Schwab Crypto began rolling out to clients in May with direct access to BTC and ETH trading and charges 75 basis points per transaction.
The agreement covers a proof-of-concept for the issuance and distribution of a Korean won-denominated tokenized fund.
Payward is expanding across banking, lending and asset management, with mortgages a future possibility.
The platform also includes real-time asset servicing, instant settlements, liquidity tools, and AI-powered market intelligence.
Citigroup CEO Jane Fraser says she would like to see a crypto bill passed into law, even as she and others continue to fight for changes.
UK lawmakers have asked banks to explain how the new FCA crypto regime may change their policies toward digital asset firms.
Crypto remains a small part of SoFi's $1.2 billion quarterly adjusted net revenue but shows sustained growth.
Augustus supports stablecoins alongside traditional payment rails including Swift, ACH, and SEPA, according to a press release.
Sonali Theisen was named head of BofA's global digital assets platform, while Kevin Milsom was tapped to serve as head of AI transformation
Swift launched a blockchain-based ledger that enables 17 banks to pilot 24/7 cross-border payments using tokenized deposits.
The binary contracts would mark the brokerage's first move into prediction-market-style products, a sector that Kalshi and Polymarket already dominate.
"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg.
JPMorgan's current estimated production cost of bitcoin is about $78,000, while bitcoin is currently trading around $62,500.
SSCXX is a Rule 2a-7 government money market fund, a conservative type of fund that invests only in cash and yield-bearing cash equivalents.
Blockrise CEO Jos Lazet sees bitcoin-native institutions evolving into alternatives to banks, in an interview at BTC Prague.
The retreat from the debasement trade has continued for gold and accelerated for bitcoin in recent weeks, JPMorgan analysts said.
Citigroup is rolling out tokenized shares of private companies on blockchain for wealth and institutional clients.
MUFG Bank, Mizuho Bank, and SMBC have set up a council to examine operational frameworks and governance for the stablecoin issuance.
The program is set to grant customers vouchers worth 20% of their deposit interest payments, redeemable for cryptocurrencies.
JPMorgan said crypto's outlook depends on Strategy's dividend plan and the Clarity Act, for which it now sees less than a 50% chance of passage this year.
Securitize's SPAC merger is expected to close shortly after a CEPT shareholder vote, if approved, later this month.
Morgan Stanley Wealth Management and Galaxy Digital have partnered to let eligible clients lend crypto in exchange for crypto ETP shares.
The initiative would enable tokenized deposits to move instantly and support around-the-clock settlement, the Wall Street Journal reported.
JPMorgan analysts said the crypto market structure bill, or Clarity Act, may have only a narrow window for passage this year.
Standard Chartered said Ethereum DATs have an advantage over bitcoin DATs because ETH's staking yield means they do not need to sell ETH.
Sprecher's comment follows an earlier report that ICE and CME had held conversations on the Hill regarding Hyperliquid.
Both bitcoin and gold ETFs have seen outflows over the past two weeks as the debasement trade cools, according to JPMorgan analysts.
Standard Chartered Bank has maintained its ether price targets of $4,000 by end-2026 and $40,000 by end-2030.