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Major Nordic Bank Will Allow Customers to Access Bitcoin ETP

Scandinavia’s largest bank, Nordea, has shifted its stance on crypto in the face of growing adoption and regulatory clarity, announcing its customers can access an...

Bank Indonesia to Launch ‘Stablecoin Version’ Backed by Government Bonds

Bank Indonesia (BI), Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency...

Custodia and Vantage Launch Bank Blockchain For Tokenized Deposits

Crypto-friendly banks Custodia Bank and Vantage Bank have launched a turnkey blockchain solution allowing traditional banks to issue tokenized deposits that will work...

US Congress seeks to revamp Bank Secrecy Act after 50 years

Today in crypto, the US Congress is moving to update anti–money laundering rules by raising decades-old reporting thresholds. Hong Kong has joined Canada, Brazil and...

Fasset Approved to Launch Stablecoin-Powered Islamic Digital Bank

Fasset received a provisional license from Malaysia’s Labuan Financial Services Authority (FSA) to launch what the company said is the first stablecoin-powered...

Standard Chartered Predicts $1T Bank Outflows to Stablecoins

Multinational bank Standard Chartered predicted that more than $1 trillion could exit emerging market banks and flow into stablecoins by 2028 as demand for US...

French Bank Deficit Net Positive For Bitcoin: Arthur Hayes

The ballooning financial deficit of France’s central bank may spur a new wave of money printing, potentially unlocking billions in new capital for Bitcoin. France’s...