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Banking

Kraken Parent Payward Seeks US Federal Trust Charter

Kraken Parent Payward Seeks US Federal Trust Charter

Payward says the OCC national trust charter would complement Kraken's banking arm, Kraken Financial.
Singapore Gulf Bank Launches In-Bank Settlement for USDC on Solana

Singapore Gulf Bank Launches In-Bank Settlement for USDC on Solana

The bank says it plans to add other stablecoins across multiple blockchains to the service.
Charles Schwab Announces Rollout of Spot BTC and ETH Trading for Retail Clients

Charles Schwab Announces Rollout of Spot BTC and ETH Trading for Retail Clients

The $12 trillion brokerage will begin a phased rollout of Schwab Crypto, offering direct spot BTC and ETH trading to retail investors in the coming weeks.
Goldman Sachs Files for Its First Bitcoin-Linked ETF

Goldman Sachs Files for Its First Bitcoin-Linked ETF

The Goldman Sachs Bitcoin Premium Income ETF primarily will offer exposure to other Bitcoin exchange-traded products, but the fund won't hold BTC directly.
HSBC Completes Tokenized Deposit Pilot on Canton Network

HSBC Completes Tokenized Deposit Pilot on Canton Network

The pilot builds on HSBC's broader rollout of its Tokenized Deposit Service, which lets corporate clients convert fiat deposits into digital assets
MSBT launch cover image

Morgan Stanley's Bitcoin ETF MSBT Sees $30.6M in Inflows on First Day

MSBT saw a strong first day of trading on Wednesday, but the broader U.S. Bitcoin ETF sector was in the red yesterday.
Deposit Flight Concerns Over Stablecoin Yield Are 'Quantitatively Small': White House Report

Deposit Flight Concerns Over Stablecoin Yield Are 'Quantitatively Small': White House Report

A White House Council of Economic Advisers study released Wednesday concludes that banning stablecoin yield would have minimal impact on bank lending and would harm consumers.
FDIC Approves Proposed Rule Under GENIUS Act

FDIC Approves Proposed Rule Under GENIUS Act

The Federal Deposit Insurance Corporation a proposed rule that would establish a framework for stablecoin issuers supervised by the FDIC.
Morgan Stanley's Bitcoin ETF Set to Launch on April 8: Bloomberg

Morgan Stanley's Bitcoin ETF Set to Launch on April 8: Bloomberg

MSBT will launch tomorrow as the lowest-fee Bitcoin ETF on the market, potentially kicking off a fee war among funds.
Coinbase Joins Crypto Bank Trust Wave, Landing Conditional Approval From the OCC

Coinbase Joins Crypto Bank Trust Wave, Landing Conditional Approval From the OCC

Coinbase got conditional approval from the OCC for its trust, a step toward federal oversight for its offerings to replace the current state by state licensing approach.