Bank of North Dakota Partners with Fiserv to Innovate Financial Services

The European Central Bank cautioned that rising stablecoin use may shift deposits away from banks, weakening banks’ lending capacity and the transmission of monetary policy across the euro area.

JPMorgan is expanding into stablecoins while arguing these tokens should be regulated under the same framework that applies to banks. The stance underlines traditional finance’s bid to shape crypto oversight as competition intensifies.

Barclays is reportedly building a blockchain-powered platform to handle payments and deposits, joining global banks pursuing faster, fully digital settlement. The initiative aims to speed clearing, improve liquidity and support tokenized cash use cases.

Sen. Elizabeth Warren called WLFI’s charter bid “the most disgraceful” corruption scandal, prompting a swift defense of the OCC’s procedures by the agency’s chief. The exchange highlights rising political friction over crypto bank approvals.

Morgan Stanley and Citigroup are expanding crypto offerings for institutional clients, strengthening custody, trading and tokenization capabilities. Their moves underscore rising demand from big investors and a shift toward more bank-led crypto infrastructure.