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Bank – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 01 Jul 2026 14:24:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Bank – DIGIT INFO https://www.digit.info 32 32 Crédit Agricole, World’s Largest Cooperative Bank, Launches Stablecoin EURXT https://www.digit.info/credit-agricole-worlds-largest-cooperative-bank-launches-stablecoin-eurxt/ Wed, 01 Jul 2026 14:24:13 +0000 https://www.digit.info/credit-agricole-worlds-largest-cooperative-bank-launches-stablecoin-eurxt/ Read more]]> Crédit Agricole building.Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement on Wednesday, the bank issued the token through CACEIS, its asset servicing arm, on the Ethereum blockchain. EURXT follows the ERC-20 standard and carries a […]

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BNY Gives Institutions Power to Mint and Burn USDC Directly From Custody https://www.digit.info/bny-gives-institutions-power-to-mint-and-burn-usdc-directly-from-custody/ Mon, 29 Jun 2026 18:09:20 +0000 https://www.digit.info/bny-gives-institutions-power-to-mint-and-burn-usdc-directly-from-custody/ Read more]]> BNY buildingBNY has added USDC mint and burn capabilities to its Digital Asset Custody platform, giving institutional clients a direct path between U.S. dollars and Circle’s stablecoin without leaving the bank’s infrastructure. What BNY Is Offering The bank announced the expanded relationship with Circle Internet Group on June 29, 2026. Under the new arrangement, BNY clients […]

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Chainlink and Over 10 Korean lenders Push to Kill FX Delays With Real-Time Settlement https://www.digit.info/chainlink-and-over-10-korean-lenders-push-to-kill-fx-delays-with-real-time-settlement/ Tue, 23 Jun 2026 20:02:54 +0000 https://www.digit.info/chainlink-and-over-10-korean-lenders-push-to-kill-fx-delays-with-real-time-settlement/ Read more]]> UniKA member Shinhan Bank from South Korea.Chainlink, a coalition of Korean commercial banks, and a 37-member European bank consortium announced Project Pangea on June 23, a working group focused on replacing the global foreign exchange market’s existing T+2 settlement cycle with real-time, stablecoin-based T+0 settlement. What Project Pangea Is The initiative brings together three primary partners: Fairsquarelab, described as a first-mover […]

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Chainlink and Over 10 Korean lenders Push to Kill FX Delays With Real-Time Settlement https://www.digit.info/chainlink-and-over-10-korean-lenders-push-to-kill-fx-delays-with-real-time-settlement-2/ Tue, 23 Jun 2026 20:02:54 +0000 https://www.digit.info/chainlink-and-over-10-korean-lenders-push-to-kill-fx-delays-with-real-time-settlement-2/ Read more]]> UniKA member Shinhan Bank from South Korea.Chainlink, a coalition of Korean commercial banks, and a 37-member European bank consortium announced Project Pangea on June 23, a working group focused on replacing the global foreign exchange market’s existing T+2 settlement cycle with real-time, stablecoin-based T+0 settlement. What Project Pangea Is The initiative brings together three primary partners: Fairsquarelab, described as a first-mover […]

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FDIC: US Banks Post $80 Billion in Profit as Unrealized Losses Swell to $325 Billion https://www.digit.info/fdic-us-banks-post-80-billion-in-profit-as-unrealized-losses-swell-to-325-billion/ Mon, 22 Jun 2026 09:30:17 +0000 https://www.digit.info/fdic-us-banks-post-80-billion-in-profit-as-unrealized-losses-swell-to-325-billion/ Read more]]> The FDIC headquarters in downtown Washington, D.C.U.S. banks held $325.1 billion in unrealized losses on their investment securities at the end of the first quarter of 2026, according to the Federal Deposit Insurance Corporation. The figure rose for a second straight quarter even as the industry posted strong profits. A Growing Paper Loss The Federal Deposit Insurance Corporation (FDIC) said total […]

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State Street Enters Stablecoin Reserve Race, Joins Blackrock and Goldman With New Genius Act Fund https://www.digit.info/state-street-enters-stablecoin-reserve-race-joins-blackrock-and-goldman-with-new-genius-act-fund/ Tue, 16 Jun 2026 15:10:25 +0000 https://www.digit.info/state-street-enters-stablecoin-reserve-race-joins-blackrock-and-goldman-with-new-genius-act-fund/ Read more]]> State Street building in Boston.State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial institution to target one of Wall Street’s fastest-growing reserve management niches. Fund Basics The State Street Stablecoin Reserves Money Market Fund operates under SEC Rule 2a-7 and holds only assets eligible under the […]

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Tim Draper Says Quantum Will Crack Banks Before Bitcoin https://www.digit.info/tim-draper-says-quantum-will-crack-banks-before-bitcoin/ Thu, 11 Jun 2026 02:30:15 +0000 https://www.digit.info/tim-draper-says-quantum-will-crack-banks-before-bitcoin/ Read more]]> Tim Draper Says Quantum Will Crack Banks Before BitcoinTim Draper argued bitcoin faces less quantum risk than banks, comparing its security to Fort Knox. His comments shifted attention from blockchain vulnerabilities to legacy financial systems, as debate grows over quantum computing’s threat to modern cryptography. Tim Draper Revives Bitcoin Security Thesis as Quantum Fears Shift Toward Banks Venture capitalist and longtime bitcoin investor […]

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Japan’s 3 Biggest Banks Join Forces to Launch Yen Stablecoin by March 2027 https://www.digit.info/japans-3-biggest-banks-join-forces-to-launch-yen-stablecoin-by-march-2027/ Wed, 10 Jun 2026 17:20:32 +0000 https://www.digit.info/japans-3-biggest-banks-join-forces-to-launch-yen-stablecoin-by-march-2027/ Read more]]> A scattered pile of Japanese yen banknotes featuring multiple denominations spread across a surface.Japan’s three largest banks announced plans Wednesday to jointly issue a yen-pegged stablecoin and begin live commercial transactions before March 2027, a direct move to build domestic digital payment rails as USD-denominated stablecoins hold an estimated 84% to 90% of the $300+ billion global market. Banks Sign MOU, Form Governance Council MUFG Bank, Mizuho Bank, […]

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SBI Shinsei Bank Plans to Let Customers Stack BTC, ETH, or XRP on Top of Deposit Interest https://www.digit.info/sbi-shinsei-bank-plans-to-let-customers-stack-btc-eth-or-xrp-on-top-of-deposit-interest/ Tue, 09 Jun 2026 14:18:49 +0000 https://www.digit.info/sbi-shinsei-bank-plans-to-let-customers-stack-btc-eth-or-xrp-on-top-of-deposit-interest/ Read more]]> SBI Shinsei Bank will let depositors earn bitcoin, ether, or XRP vouchers worth 20% of their interest payments starting June 10, 2026, in what the Nikkei reports as one of the more direct integrations of crypto rewards into a traditional Japanese bank deposit product. Nikkei detailed that the three-month pilot applies to ordinary savings accounts […]

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6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From Crypto https://www.digit.info/6-senators-challenge-1250-bitcoin-capital-rule-they-say-blocks-banks-from-crypto/ Sun, 07 Jun 2026 01:10:39 +0000 https://www.digit.info/6-senators-challenge-1250-bitcoin-capital-rule-they-say-blocks-banks-from-crypto/ Read more]]> 6 Senators Challenge 1,250% Bitcoin Capital Rule They Say Blocks Banks From CryptoA growing dispute in Washington over bank capital requirements could have major implications for institutional bitcoin adoption. Senators are challenging a 1,250% risk weight that they argue makes holding BTC prohibitively expensive for regulated banks. Senate Pressure Builds Over Bank Rules That Could Shape Bitcoin Access U.S. senators disclosed on June 4 a renewed push […]

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