Tag: Bank

Top Canadian Bank Launches Multi-Crypto ETF with BTC, ETH, SOL, XRP

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The bank’s asset manager and 3iQ debut an actively managed crypto ETF to Canadian investors, offering exposure to Bitcoin, Ether, Solana and XRP at a competitive 0.25% fee. Scotiabank, one of Canada’s top-five banks by assets, has launched a new cryptocurrency exchange-traded fund in partnership with digital asset manager 3iQ, highlighting growing institutional adoption in a market that approved spot Bitcoin ETFs years before the United States. Dynamic Funds, Scotiabank’s asset management arm, unveiled the Dynamic Active Multi-Crypto ETF on Wednesday. The liquid alternative fund will trade on Cboe Canada…

ECB Flags Stablecoins as a Growing Risk to Bank Lending

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The European Central Bank said rising stablecoin use can pull money out of bank deposits and weaken the way monetary policy flows through to lending, according to a new ECB working paper published Tuesday. Growing adoption of stablecoins, which are digital assets often pegged to currencies such as the US dollar or euro, is expected to draw funds away from traditional bank deposits, the ECB said in its latest working paper series, “Stablecoins and Monetary Policy Transmission,” released Tuesday. “Our analysis shows that rising interest in stablecoins is linked to…

BOJ Tests Blockchain for Bank Reserve Settlement

The Bank of Japan will conduct technical experiments using blockchain technology to settle deposits held at the central bank by financial institutions, according to BOJ Governor Kazuo Ueda.  In a speech posted Tuesday titled “The New Financial Ecosystem and the Role of Central Banks,” Ueda said a sandbox project is underway to test settlement using central bank money “in the form of current account deposits on a system that uses blockchains.” The experiments will explore “methods of connection with the existing system” and examine use cases, including “domestic interbank settlement…

Bitcoin shrugs off $306.1b bank losses, trades steady near $63k

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Bitcoin trades flat near $63k as US banks’ unrealized losses fall 9.2% in Q4 2025, easing systemic risk concerns. Summary US banks posted $306.1b in unrealized securities losses in Q4 2025, down 9.2% QoQ and the lowest since Q1 2022. Industry net income hit $295.6b in 2025, up ~10% YoY, with Q4 ROA at 1.24%, signaling resilient profitability despite rate shock legacy. Problem banks rose to 60 (about 1.4% of institutions), still within the FDIC’s “normal” 1–2% range for non-crisis periods. American banks reported $306.1 billion in unrealized losses on…

Brazilian Exchanges Receive New Bank Secrecy and Accounting Standards Provisions

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The measures seek to fully integrate crypto exchanges into the established financial system and protect the identity information of the institution’s customers. The Central Bank states that this will promote “transparency, comparability, and predictability of information provided to the market.” Brazil Issues Resolution Including Crypto Brokerages to Comply With Bank Secrecy Laws Brazil is moving […] Source

Morgan Stanley Applies US Bank Charter for Crypto Custody

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Morgan Stanley has applied for a de novo national trust bank charter, allowing the bank to hold digital assets on behalf of its clients — a move in rhythm with its recent crypto expansion.  A public filing with the Office of the Comptroller of the Currency (OCC) shows the application for a bank trust charter was received on Feb. 18 under the name “Morgan Stanley Digital Trust, National Association.”  More details of the business plan were released on Friday, according to reports from Bloomberg and Forbes, revealing that the Morgan…

Payoneer Adds to Crypto, Fintech Firms Seeking Bank Charter

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Global financial services firm Payoneer is the latest in a growing number of companies that have filed for a national trust banking charter in the US, which could enable it to issue a stablecoin and provide various crypto services. Payoneer said on Tuesday it filed with the Office of the Comptroller of the Currency to form PAYO Digital Bank, a week after it partnered with stablecoin infrastructure firm Bridge to add stablecoin capabilities to its platform that is mainly focused on cross-border transactions. Payoneer said that it is seeking to…

OCC Grants Crypto.com Conditional Approval for National Bank Trust Charter

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Crypto.com said Monday that it has secured conditional approval for a national bank trust charter from the US Office of the Comptroller of the Currency (OCC). In a Monday statement, the cryptocurrency exchange said that once fully approved as a federally regulated institution, it would be established to operate as a custodian across the US, subject to OCC oversight. The company submitted its application in October, saying at the time that it planned to provide custody services for digital asset treasuries, exchange-traded funds, and others. “This conditional approval is the…

House Democrats Grill Bessent Over Trump-Linked Crypto Bank Bid

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Democrats in the US House of Representatives are pressing Treasury Secretary Scott Bessent over how regulators are handling World Liberty Financial’s bid for a national trust bank charter to issue a dollar-backed token. In a letter on Thursday, 41 House Financial Services Committee Democrats led by Representative Gregory Meeks cited systemic risk, foreign ownership and potential political pressure on the bank chartering process.  They asked Bessent to explain what safeguards exist to prevent foreign government officials or politically connected investors from using the charter process to gain leverage over the…

CEO Confirms Bitcoin Exposure, Says Bank Is Still Navigating

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Reports say Goldman Sachs now holds a mix of crypto exposures that go beyond Bitcoin alone. Its chief executive, David Solomon, told an audience he owns a very small amount of Bitcoin while he watches how the market behaves. Related Reading That personal detail grabbed attention after investor Grant Cardone amplified the comment on social media, and it added another layer to what appears to be a deliberate, measured shift inside the firm. Token Holdings And Paper Losses Based on filings, Goldman Sach’s positions are spread across several major tokens.…