News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Banking Policy
Canada's Major Banks to Introduce Tokenized Deposit System
Canada's six largest banks are launching a tokenized deposit system for faster interbank transfers, aiming for broader integration with digital assets.
Mercation Admin2 min - Banking Policy
ECB to Invest Own Funds in Tokenized Securities
The ECB plans to invest in tokenized securities using its Pontes service, focusing on euro-denominated debt, aiming to build expertise in DLT.
Mercation Admin2 min - Banking Policy
ECB Launches Pontes Solution for Blockchain Settlements
The European Central Bank has launched the Pontes payment system for blockchain settlements, facilitating transactions in tokenized euros.
Mercation Admin1 min - Banking Policy
ECB Introduces Pontes Platform for Settling Tokenized Assets
The ECB has launched the Pontes platform for settling tokenized assets, enabling banks to use central-bank money for secure transactions.
Mercation Admin1 min - Banking Policy
Wall Street's Focus on Tokenization: Institutions Over Consumers
JPMorgan and Citi focus tokenization efforts on institutional clients, leaving consumers behind. Monument Bank aims to bridge this gap with interest-bearing tokenized deposits.
Mercation Admin2 min - Banking Policy
ServisFirst Bank Partners with Covecta to Implement AI Agents
ServisFirst Bank partners with Covecta to enhance operations with AI agents, aiming to automate routine tasks and improve efficiency.
Mercation Admin1 min - Banking Policy
Bank Groups Push for Tighter Stablecoin Regulations in Clarity Act
Eight banking trade organizations have urged Senate leaders to impose stricter regulations on stablecoin rewards in the Clarity Act.
Mercation Admin2 min - Banking Policy
OpenReserve Gains Preliminary Approval for U.S. Bank Launch
OpenReserve has received preliminary approval to establish a national bank in the U.S., pending capital requirements and regulatory compliance.
Mercation Admin1 min - Banking Policy
OpenReserve Receives Conditional Approval for National Bank Charter
OpenReserve Bank has received conditional approval from the OCC to establish a national bank in Utah, contingent on raising $210 million in capital.
Mercation Admin1 min - Banking Policy
Revolut Secures Preliminary Approval for U.S. Banking License
Revolut has secured conditional approval for its U.S. banking license and plans to launch by 2027, pending further approvals.
Mercation Admin1 min - Banking Policy
BIS: Stablecoins Not Suitable for Widespread Payments
The BIS warns that stablecoins are not suitable for large-scale payments, advocating for tokenized bank deposits instead.
Mercation Admin2 min - Banking Policy
Bank of England to Promote Crypto Payments and Stablecoins
The UK government has mandated the Bank of England to promote digital currency innovation while ensuring financial stability.
Mercation Admin1 min