Monument Bank Delays Tokenized Deposit Launch Over UK Custody Bottleneck
Monument Bank postpones retail tokenized deposit rollout due to lack of suitable UK custodian, plans November launch.
DBS and Citi settle weekend USD transfer in minutes using Swift's blockchain ledger
DBS and Citi completed a cross‑border dollar payment on a weekend via Swift's Digital Ledger, settling in minutes instea...
Dallas Fed economists warn tokenized deposits may increase US credit costs
A Federal Reserve Bank of Dallas analysis suggests tokenized deposits could make bank funding less stable, potentially r...
Dallas Fed warns tokenized deposits could reduce bank lending by $700 billion
A Federal Reserve Bank of Dallas report estimates tokenized deposits may shift funds away from traditional banks, impact...
US state banking groups form alliance to build nationwide blockchain network by 2027
Thirty-nine US state banking associations have created the BankChain Alliance to launch a blockchain network for banks,...
U.S. State Banking Associations to Launch Nationwide Blockchain Network in 2027
Thirty-nine state banking associations form the BankChain Alliance to create a regulated blockchain network for payments...
HSBC and Standard Chartered Complete First Live Cross-Border Transaction Using Swift’s Blockchain Ledger
HSBC and Standard Chartered executed the first live interbank transaction on Swift’s blockchain-based ledger, improving...