Latest news about Banking on Verilumia, with multi-source coverage, source-framing context and reporting-tone insights.
marketsThe Blockchain Association has submitted formal comments to five U.S. federal agencies, urging them to limit customer identification requirements for stablecoin issuers to direct, primary-market transactions and to provi...
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marketsStandard Chartered Bank Hong Kong has become the first conventional bank to distribute a regulated Hong Kong dollar stablecoin, marking a significant step in the territory's efforts to develop a local alternative to doll...
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marketsBanks and financial regulators from Europe, the Middle East, and Asia have launched a pilot program to test quantum-resistant infrastructure for digital asset wallets and on-chain transfers, marking a significant step in...
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businessShinhan Asset Management, one of South Korea’s largest asset managers, has entered into a four-party agreement to develop a proof-of-concept for a tokenized investment fund denominated in Korean won.
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marketsU.S. Treasury Secretary Scott Bessent announced on Wednesday, August 19, that the department would at least double the size of its buyback operations for longer-dated government debt, a significant move aimed at calming ...
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marketsThe Office of the Comptroller of the Currency will finalize its primary regulations for payment stablecoins by November, Comptroller Jonathan Gould announced on August 19, setting a new target after federal agencies miss...
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marketsThe People's Bank of China left its benchmark lending rates unchanged on Thursday, August 20, 2026, holding the one-year loan prime rate at 3.00% and the five-year rate at 3.50%.
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marketsThe U.S. Treasury Department announced on Wednesday it will at least double the size of its buyback operations for long-term government debt, a move that immediately eased a sharp selloff in the bond market and sent yiel...
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businessThousands of Monzo customers faced disruptions on Wednesday afternoon as a major technical outage prevented users from accessing their accounts or making transfers, with reports also surfacing of intermittent issues at S...
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marketsA large-scale withdrawal of cash from Russian banks is straining the country's financial system, as households and corporations move billions of dollars out of traditional accounts amid fears the government could seize p...
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marketsCitigroup announced on August 18, 2026, that it will launch a digital asset custody service later this year, beginning with Bitcoin, as part of a new integrated platform for institutional clients.
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businessCryptocurrency exchange Binance is reportedly preparing to submit an application to the United Kingdom's Financial Conduct Authority, seeking authorization to operate under the country's forthcoming comprehensive crypto ...
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businessChina's central bank has expanded its digital yuan network by authorizing eight new commercial banks to operate the eCNY, bringing the total number of authorized operators to 30.
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businessRipple has expanded its presence in South Korea through a partnership with Jeonbuk Bank, marking the first time a regional bank in the country has deployed the company's blockchain-based payment system.
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marketsThe U.S. Treasury Department has proposed new rules to implement the GENIUS Act, a landmark stablecoin law signed in July 2025, outlining how the legislation will define and regulate payment stablecoins within the United...
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crimeDutch prosecutors have sold cryptocurrency seized from the bankrupt trading platform Knaken for 2.2 million euros, a sum that represents the only confirmed money available to cover customer claims estimated at between 10...
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businessFinance Minister Nirmala Sitharaman announced on Monday that the government will soon constitute a high-powered committee to guide the banking sector's role in India's development goals, addressing the inaugural session ...
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businessJPMorgan Chase Chief Executive Jamie Dimon has warned Chancellor John Healey against increasing taxes on the banking sector ahead of the government's first Budget, arguing that higher levies could drive jobs and investme...
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marketsGoldman Sachs is holding discussions with banks, insurers, asset managers, and private credit firms about participating in Nvidia's ambitious plan to mobilize more than $500 billion for artificial intelligence infrastruc...
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marketsThe U.S. Office of the Comptroller of the Currency granted preliminary conditional approval on Friday, August 14, 2026, for World Liberty Trust Company to establish a national trust bank.
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