Bank

Dutch bank ING is working on a stablecoin, looking to take advantage of Europe’s new cryptocurrency regulations that came into force last year, according to two people with knowledge of the plans. ING’s stablecoin project could take the form of a …

The Guiding and Establishing National Innovation for U.S. Stablecoins (Genius) Act is expected to be passed in the U.S. in the coming months, and that could trigger an almost 10-fold jump in stablecoin supply, investment bank Standard Chartered said …

XRP could rise to $12.50 before President Trump leaves office, investment bank Standard Chartered (STAN) said in a report on Tuesday initiating coverage of the Ripple-related token. Standard Chartered predicts that XRP will reach $5.50 by the end of …

Bank of England (BoE) governor Andrew Bailey has been nominated to be the next chair of the G20’s financial overseer, the Financial Stability Board (FSB). The FSB’s Nomination Committee agreed to recommend that Bailey take on the role for a three …

South Korea’s 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June. The company is participating in the “Hangang Project” pilot of the CBDC. Customers with …

The central bank stressed that no decision has been made whether to issue a CBDC, therefore the design presented should only be considered a preliminary one

Turkey’s economic woes have buoyed crypto adoption in recent years as users have turned to cryptocurrency as a lifeline against double-digit inflation

Despite Switzerland’s growing acceptance of cryptocurrencies, SNB’s President dismissed them as a “niche phenomenon.”

The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.

The bank, with over 370 billion euros in assets under management, is emphasizing security and regulatory compliance.