16 stories about Banks from across the crypto press, curated and summarized daily. Most recent: Oct 26, 2026.
UK banks received 10,000 complaints in three months related to restrictions on cryptocurrency purchases. The figures highlight a tension between the UK’s stated ambition to become a crypto hub and customers’ reported difficulties using banks to buy crypto.
Canada's six largest banks are testing a system to transfer digital commercial deposits between themselves. This could eventually connect to broader digital asset ecosystems, making bank transfers faster and cheaper.
Banks now account for nearly one in four providers on the EU’s MiCA crypto register, doubling their presence since late June. This shift highlights traditional finance's growing interest in regulated crypto services. The ESMA register now includes 23% banks, up from 11.5% in June.
Coinbase and Moov are partnering to integrate stablecoin payment infrastructure into community banks and credit unions. This will allow these institutions to offer stablecoin-based transactions using Coinbase's Payments API and custodial wallets.
EthSystems, a new startup spun out of the Ethereum Foundation in July 2026, is building privacy infrastructure to help banks and financial institutions use public blockchains without exposing sensitive data.
Leading crypto executives argue that digital-native generations may never need traditional bank accounts. Binance reports that younger users in emerging markets are already driving crypto adoption at unprecedented rates.
The Ethereum Foundation has spun out a new company, EthSystems, focused on bringing blockchain privacy solutions to traditional banks. This move comes as part of a significant restructuring within the foundation.
SWIFT, the global financial messaging network, has announced its blockchain-based ledger is ready for use. 17 banks will pioneer tokenized cross-border payments on this trusted global infrastructure, aiming to improve speed and efficiency in international transactions.
HSBC, UBS, Wells Fargo and Citi are among the 17 banks now preparing to pilot live transactions using tokenized digital assets on Swift’s new blockchain payments platform.
Anchorage Digital has introduced a new platform allowing banks to offer 24/7 payments and settlements using tokenized deposits. This lets financial institutions leverage blockchain without overhauling their existing systems.
MUFG, SMBC, and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. The banks aim to finalize their plans by March 2027.
America's largest banks are creating a new digital currency network to prevent customers from moving deposits to stablecoins. This move aims to integrate traditional banking with blockchain technology, offering tokenized deposits as an alternative to crypto-based stablecoins.
Three of America's biggest banks are building a shared blockchain network to tokenize assets and compete with stablecoins. The project, set to launch next year, aims to reduce reliance on traditional deposits.
JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.
MoonPay has introduced MoonPay Trade, a platform designed to help banks and fintechs access stablecoins, tokenized funds, and DeFi yield. This move aims to bridge traditional finance with the growing crypto market, making it easier for institutions to participate.
Minnesota has created the Midwest's first unified digital asset safety net for banks and credit unions. Starting August 1, these institutions will offer crypto custody services, providing a more secure way to manage digital assets.