JPMorgan's JPM Coin Arrives on Ethereum, Putting Bank Dollars on a Public Blockchain
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JPMorgan takes JPM Coin to Ethereum for institutional clients: Report
JPMorgan is reportedly expanding its JPM Coin deposit token to Ethereum, allowing institutional clients to make payments and settle tokenized asset transactions.
Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin
Sberbank now holds both custody and exchange status under Russia's new crypto law, and plans to bring Bitcoin, Ethereum and USDT to apps used by 110 million retail clients.
Banks Hold a Lever Over Stablecoin Adoption, BIS Economists Say
A Bank for International Settlements working paper found that stablecoin growth slows when U.S. banks raise deposit rates, with Circle’s USDC most sensitive.
Coins.ph says Philippine central bank license intact amid revocation claims
Coins.ph says its Philippine central bank license remains intact amid reports of possible revocation over alleged offshore gambling transactions.
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoin-backed loans to corporate customers, with a third-party custodian holding the cryptocurrency used as collateral.
Bitcoin, Ethereum and Solana ETFs All in the Red for October
Bitcoin ETFs have seen $386.3 million in net outflows through the first seven trading days of October, while Ethereum funds have now posted nine straight days of losses.