Banking Archives - Today News

UnFederalReserve Token (ERSDL) and Residual Token (eRSDL)

Leave a Comment / Banking, Cryptocurrency, Finance, lending, Loan, Platform, Research, Service, Space, Token / best time

Jul 23, 2025 at 20:33 // Price UnFederalReserve Token (ERSDL), rebranded to Residual Token (eRSDL), is the native cryptocurrency token associated with the UnFederalReserve ecosystem. UnFederalReserve is a project focused on bringing decentralized finance (DeFi) solutions to the world of traditional banking and financial institutions. The project aims to bridge the gap between the […]

UnFederalReserve Token (ERSDL) and Residual Token (eRSDL) Read More »

PNC taps Coinbase to bring crypto trading into client accounts

Leave a Comment / Banking, crypto, Featured, Stablecoins / best time

PNC Financial Services Group has formed a partnership with Coinbase to let the bank’s customers access crypto services, as Bloomberg News reported on July 22. According to PNC’s head of treasury management Emma Loftus, the arrangement is in its early phase. It will begin by allowing wealth and asset management clients to trade cryptocurrencies directly

PNC taps Coinbase to bring crypto trading into client accounts Read More »

GENIUS Act makes immediate impact as JP Morgan looks to allow crypto as collateral for lending

Leave a Comment / Adoption, Banking, ETF, Featured / best time

JPMorgan Chase is reportedly preparing to offer loans backed by client-held digital assets, including Bitcoin and Ethereum, marking a direct engagement with crypto collateralization by a global systemically important bank for the first time. The plan, reported by the Financial Times and Reuters, would expand an existing effort by the bank to accept spot Bitcoin

GENIUS Act makes immediate impact as JP Morgan looks to allow crypto as collateral for lending Read More »

JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins

Leave a Comment / Banking, crypto, Featured, Regulation, Stablecoins, TradFi / best time

JPMorgan’s latest research indicates that international regulators are more inclined to support tokenized deposits, particularly those that preserve the existing structure and stability of fiat-based banking systems, The Block reported on July 18. According to the Wall Street lender, financial regulators outside the United States are showing a growing preference for tokenized bank deposits over

JPMorgan reveals global regulators favor tokenized bank deposits over stablecoins Read More »

BofA CEO confirms bank is exploring stablecoins for potential payment revolution

Leave a Comment / Adoption, Banking, crypto, Featured, Stablecoins / best time

Bank of America is taking early steps to explore stablecoins as a way to modernize its payment systems and handle trillions of dollars in client transactions more efficiently, the lender’s CEO, Brian Moynihan, said during the bank’s second-quarter earnings call on July 15. Moynihan emphasized that the firm’s current focus is on using stablecoins “as

BofA CEO confirms bank is exploring stablecoins for potential payment revolution Read More »

OCC, Fed, FDIC publish joint guidance for banks offering crypto custody

Leave a Comment / Adoption, Banking, crypto, Featured, Regulation / best time

The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Fed), and the Federal Deposit Insurance Corporation (FDIC) released a joint statement explaining how existing banking rules apply when institutions custody crypto for customers. The guidance describes “safekeeping” as the act of holding a digital asset on a client’s behalf and stresses

OCC, Fed, FDIC publish joint guidance for banks offering crypto custody Read More »

Aave’s billion milestone challenges traditional banking giants

Aave’s $50 billion milestone challenges traditional banking giants

Leave a Comment / Banking, DeFi / best time

Aave, the DeFi protocol known for its borrowing and lending services, has hit a key milestone, surpassing $50 billion in net deposits. This achievement positions Aave as the largest DeFi protocol, with a total value locked (TVL) nearly double that of its closest competitor, Lido. According to recent data from the Federal Reserve, Aave’s current

Aave’s $50 billion milestone challenges traditional banking giants Read More »

US Banking Regulator OCC Gets New Chief with Crypto Industry Roots

Leave a Comment / Banking, Blockchain News, Regulation / best time

Jonathan Gould, a former blockchain executive with a deep regulatory background, has been confirmed as the next head of the Office of the Comptroller of the Currency (OCC). The US Senate voted 50 to 45 on Thursday to approve his nomination, clearing the way for Gould to become the OCC’s first permanent chief since 2020.

US Banking Regulator OCC Gets New Chief with Crypto Industry Roots Read More »

Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops 0M

Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops $500M

Leave a Comment / Adoption, Banking, BNY Mellon, ripple, RLUSD, Stablecoins, XRP Ledger, XRPL / best time

According to a July 9 announcement, Ripple has appointed BNY Mellon as the official reserve custodian for its enterprise-focused stablecoin, Ripple USD (RLUSD). According to a July 9 announcement, BNY Mellon was selected based on its extensive experience in digital asset infrastructure and its role as a trusted provider of transaction banking services in the US. The

Ripple appoints BNY Mellon as custodian for RLUSD reserves as supply tops $500M Read More »

Hackers steal 0M from Brazilian central bank reserve accounts via partner breach

Hackers steal $140M from Brazilian central bank reserve accounts via partner breach

Leave a Comment / Banking, Crime, Featured, Hacks / best time

Hackers siphoned about R$800 million ($140 million) from six reserve accounts connected to Brazil’s central bank after breaching São Paulo-based software vendor C&M Software on June 30, according to blockchain investigator ZachXBT and reports from local news outlets. Police said C&M employee João Nazareno Roque sold his corporate login for R$15,000 ($2,770) and later developed

Hackers steal $140M from Brazilian central bank reserve accounts via partner breach Read More »