
Cross River Bank adds RLUSD to core ledger with single-API access for fintechs
The bank says fintechs can process dollars and Ripple's RLUSD through one API, with availability limited to select US states.
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Original coverage across the crypto market, updated daily.

The bank says fintechs can process dollars and Ripple's RLUSD through one API, with availability limited to select US states.

A government review flagged security deficiencies at 130 financial firms, prompting a proposed overhaul of cybersecurity assessments.

The exchange, which has more than 18 million customers, is reportedly facing central bank action over transactions involving restricted offshore gaming firms.

Payward's connection to SGB Net enables 24/7 US-dollar funding in eligible jurisdictions, with customer-trade pricing planned for the coming months.

Russia's Finance Ministry has made its first wage payments in digital rubles, with the Bank of Russia working to bring the CBDC into budget processes.
The Independent Community Bankers of America has filed a lawsuit challenging the OCC's authority to grant national trust bank charters to non-fiduciary crypto firms.
The Independent Community Bankers of America alleges the OCC lacks the authority to charter crypto firms as national trust banks when they act outside a fiduciary role.

Six US banks have failed so far in 2026 — one more than in all of 2023 — yet their combined assets are only about $1.43 billion.
The federally chartered crypto bank's CEO told staff about the cuts this week, according to The Information, tying them to a prolonged market slump.

Citi is tapping Coinbase infrastructure for stablecoin settlement, while Coinbase Virtual Accounts gain automatic fiat conversion through the bank.

Digital Asset's Haven adapter carries tokenized-deposit instructions over SWIFT, while final settlement continues to run through existing systems.

All 11 Democratic members of the Senate Banking Committee want Chairman Tim Scott to convene a public hearing on prediction markets after Republicans met privately with Kalshi's CEO.
Morgan Stanley warns a US ban on diesel exports could lift gasoline prices, with Goldman Sachs issuing a similar caution as the White House weighs curbs.
UK lenders have carried out a first interbank transfer using tokenised deposits, a route the Bank of England appears to prefer over stablecoins.

A draft Russian rule would limit bank crypto exposure to 1% of capital, counting proprietary holdings while conditionally excluding customer assets.

Marc van der Chijs, who sold much of his bitcoin to fund AI bets, warns the technology could shake banking and infrastructure as he shifts some profits back.

Banking groups have roughly doubled their presence on ESMA's MiCA register since late June and now account for nearly one in four listed providers.

Banks have roughly doubled their presence on ESMA's MiCA register since late June and now make up 23% of listed crypto providers.
Stablecoin supply has grown from $27bn at the end of 2020 to more than $300bn, with a rising share of activity moving beyond trading desks.
Stablecoin supply has climbed from $27bn in late 2020 to more than $300bn, with a rising share of activity moving beyond exchange order books.

Revolut and OpenReserve received initial OCC clearance to charter US national banks, with crypto services planned.

Ten European financial institutions, including ABN AMRO and DekaBank, launch RL1, a member-owned blockchain cooperative.

Russia's central bank outlines new rules requiring digital asset platforms to hold up to $2.8 million in liquid capital ahead of a broader crypto framework.

Court finds Minnesota law likely violates federal commodity law, halting state enforcement against prediction markets.