BoE Governor Andrew Bailey Warns Adoption of Stablecoins Threatens Central Bank

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As the adoption of stablecoins slowly takes over, stewardship and proper regulation become a priority to maintain economic harmony. Bank of England (BOE) Governor Andrew Bailey seems to think the same. Bailey has cautioned that the adoption of digital currencies, including stablecoins, could upset the economic applecart if proper regulation isn’t implemented. Per remarks given … Read more

Swiss Bank AMINA Becomes First to Offer Custody, Trading for Ripple’s RLUSD Stablecoin

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Swiss crypto-focused financial institution AMINA Bank announced providing custody and trading services for Ripple’s RLUSD stablecoin.  On 3 July 2025, the Swiss FINMA (Financial Market Supervisory Authority) regulated crypto bank said in a press release, “Custody and trading services will be available to AMINA clients holding RLUSD, establishing a foundation for expanded services in the … Read more

Deutsche Bank Plans 2026 Crypto Custody Debut: Are Top Banks Warming Up To Web3?

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Deutsche Bank has confirmed it will roll out a crypto custody service in 2026. But this time, targeted groups would be institutional clients through regulated infrastructures for storing and managing digital assets like BTC ▲3.10% and tokenized deposits. Partnering with Bitpanda and Taurus SA, the bank aims to establish itself as a serious player in … Read more

Kraken Wins First EU-Wide Licence Under MiCA via Irish Central Bank

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Crypto exchange Kraken has officially received its Markets in Crypto-Assets (MiCA) licence from the Central Bank of Ireland, making it one of the first major platforms to gain full approval under the European Union’s new digital asset framework. This licence allows Kraken to offer its services across all 30 countries in the European Economic Area … Read more

MANTLE Crypto Blockchain Bank Goes Live: What Does It Mean For MNT Price in June?

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Mantle crypto, a leading Layer-2 blockchain built on top of Ethereum, has launched UR, the world’s first blockchain-based Neobank, named UR. The price of its native token, MNT, is up 2% in the past 24 hours, as the rest of the market dropped due to the ongoing conflict in the Middle East. Per the press … Read more

Every bank will issue a stablecoin after GENIUS Act passage: Alchemy CTO

Ex-Tether CEO teases new stablecoin to contend USDT dominance

Guillaume Poncin of Alchemy predicts that the passage of the Genius Act will soon bring major financial institutions into the stablecoin business. The U.S. Senate has passed the Genius Act, bringing long-awaited regulatory clarity to stablecoins. With this development, major financial institutions are expected to roll out their own stablecoins. Guillaume Poncin, CTO of Alchemy, … Read more

Farage Calls for Bitcoin Reserve and an End to Crypto Bank Bans

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Nigel Farage isn’t just stirring things up in British politics anymore. Now he’s trying to shake up the entire financial system. At the Bitcoin 2025 conference in Las Vegas, the Reform UK leader dropped a set of proposals that sound more like a crypto manifesto than a typical campaign pitch. He’s calling it the “Crypto … Read more

Bank of Russia Legalizes Crypto Investment for “Qualified Investors”

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According to a 28 May 2025 filing by the Bank of Russia, financial institutions can offer “qualified investors” financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices. Notably, this is a three-year-long experiment.  In a press release, the Bank of Russia said that the key condition is that such instruments … Read more

Dubai’s State-Owned Bank Launches Crypto Services Through Digital Subsidiary Called Liv

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Emirates NBD, Dubai’s state-owned bank, has started offering crypto trading services through its digital bank subsidiary, Liv Bank. A key factor driving this is the increased interest of millennials and Gen Z in alternative assets, including private equity, private debt, real estate, and infrastructure. On 6 March 2025, Liv Bank, Aquanow, and Zodia Custody made … Read more