Payward, the financial infrastructure company behind Kraken, has partnered with Singapore Gulf Bank (SGB) to provide 24/7 settlement for institutional digital asset markets, according to an announcement on October 5, 2026. Under the partnership, Payward has integrated SGB Net, SGB’s real-time, multi-currency clearing network. The tie allows eligible institutional clients
HSBC has officially named its forthcoming Hong Kong stablecoin HSBC RedCoin. It is one of the most significant moves by a traditional bank into the digital asset space in Asia. The name reflects the bank’s Hong Kong heritage. The launch strategy is deliberately phased. It starts with person-to-person and person-to-merchant
China’s Ministry of State Security (MSS) issued a pointed warning on Monday: cryptocurrencies are not beyond the reach of the law, and anyone who believes otherwise is working from a false premise. The statement targets a growing misconception: that using crypto instead of traditional banking severs the connection between transactions
New legislation in California has been signed to increase restrictions related to the operations of cryptocurrencies by public officials. The bill, known as Assembly Bill 2409, was signed by Governor Gavin Newsom on September 27. The law aims to impose restrictions on memecoins issued by public officials in California. They
Absa has officially rolled out the institution’s digital asset custody service in South Africa, leveraging the custody solution by Ripple. The official rollout of the project came after the partnership signed between Ripple and Absa back in October 2025, where the bank was made the first custody partner of Ripple
Moscow Exchange, Russia’s largest stock exchange, has announced the launch of perpetual futures contracts on five major cryptocurrency indices starting September 22, 2026. The new instruments cover Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple, and Tron. It is traded under contract codes BTCUSDF, ETHUSDF, SOLUSDF, XRPUSDF, and TRXUSDF, respectively. The
Deutsche Bank has announced plans to launch a digital asset custody solution for institutional and corporate clients in Europe. The first users are expected before the end of the year. The service covers Bitcoin (BTC), Ethereum (ETH), USDC, EURC, and EURAU at launch. Moreover, the bank manages wallets and private
The G20 indicated an increased emphasis on digital asset innovation while remaining cognizant of maintaining financial stability in its approach to policy formulation. Financial ministers and central bank governors saw the opportunity that digital financial innovation provides as a means of achieving broader economic growth. This new emphasis has come
Mastercard has finalized its acquisition of the stablecoin payment infrastructure provider BVNK, completing the deal worth $1.8 billion. This deal is another significant milestone on the way to the expansion of digital assets payment capabilities across the globe. Through the integration of Mastercard’s global payments network and BVNK’s blockchain infrastructure,
The Senate released Monday’s schedule without including the CLARITY Act, pushing the cryptocurrency legislation into a critical week. The focus has moved away from the policy debate to the procedural aspect of the process amid efforts by supporters to beat the clock in the run-up to the August recess period
