Bank


Policy

Fintech and Crypto Firms Seek Bank Charters Under Trump Administration: Reuters

Financial technology and crypto firms are increasingly applying for state or national bank charters, despite the community’s historical resistance to centralized banking.

Goldman sees only two Fed rate cuts in 2025, BOfA sees extended Fed pause. (JamesQube/Pixabay)

Markets

One of Italy's Largest Banks Buys $1M Worth of Bitcoin: Report

Banking giant Intesa Sanpaolo, which has a market cap of $73 billion, has made its first crypto purchase.

Italy (Tanya Lapko / Unsplash)

Finance

Crypto-Friendly Revolut Finally Earns UK Banking License

Revolut has entered a "mobilization stage" designed for new banks to operate with restrictions.

Revolut to Suspend Certain Crypto Services (Kaysha/ Unsplash)

Finance

Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors

The crypto-native company, which says it is attempting to right the wrongs of centralized lenders like Celsius, emerged from stealth on Wednesday.

Screenshot of Dakota's bank account dashboard

Finance

Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors

Meld, which is in partnership with the layer-1 blockchain of the same name, has an agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December

Vilnius, Lithuania (Shutterstock)

Finance

Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg

The bank released a cryptocurrency custody platform in November.

Frankfurt, Germany (Sinan Erg/Unsplash)

Policy

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT

Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the FT.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Finance

BitGo Signs Strategic Agreement With Korean Heavyweight Hana Bank

The Californian company will develop custody services and security solutions, local media reported.

(Pixabay)

Policy

Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight

Anchorage Digital stands alone as the only OCC-chartered crypto bank after other efforts have fizzled out or been withdrawn.

Figure Technologies CEO Mike Cagney (CoinDesk archives)

Policy

Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta

The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.

The bank's web-based app will have a beta launch on July 22, and be available on Google Play and Apple’s App Store. (Image from SDB)

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