Crypto Wallets Can ‘Directly Compete With Neobanks’
As crypto wallets add payments, yield and on‑ramps, they’re evolving from simple asset vaults into full financial hubs, positioning themselves to directly challenge neobanks for everyday users.
digital banking
Fasset wins Malaysia license for stablecoin-powered ‘Islamic digital bank’
Fasset won a Malaysian licence to launch a stablecoin-backed Islamic digital bank, aiming to deliver Sharia‑compliant digital finance, streamline cross‑border payments and operate under local regulatory oversight.
Swiss banks complete first blockchain-based legally binding payment
Swiss banks have completed the first legally binding payment settled on a blockchain, marking a milestone in financial infrastructure as traditional institutions embrace distributed ledger technology for payments.
What Is KYC? How It Protects Customers and Banks
Know Your Customer (KYC) is the identity-verification process banks use to prevent fraud, money laundering and scams – protecting customers’ assets and preserving trust in financial institutions.
Barron’s: Anchorage Digital Subject of Homeland Security Probe
The US Department of Homeland Security is investigating Anchorage Digital Bank, raising concerns about potential regulatory issues. The probe reflects ongoing scrutiny in the cryptocurrency sector, as authorities strive to ensure compliance and security in digital finance.
Acura Capital and Patex, valued at $100M, are set to launch a state-of-the-art digital bank for RWA tokenization. This innovative solution will revolutionize the way financial transactions are conducted in the RWA industry
Acura Capital and Patex, collectively valued at $100M, are poised to launch a groundbreaking digital bank. This innovative platform will leverage RWA tokenization to seamlessly integrate real-world assets into the digital financial ecosystem. The collaboration between these industry leaders marks a significant milestone in the evolution of financial technology, enabling the secure and efficient digitization of real-world value. With its state-of-the-art infrastructure and expert team, the digital bank is poised to revolutionize the way we transact, invest, and manage our finances.