Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System
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Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital currency…
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Key Highlights The OCC conditionally approved national trust bank charters for five digital asset firms, including Ripple and Fidelity. The decision integrates major crypto players into the formal U.S. federal banking system. The decision validates the digital asset industry and fosters competition in financial services. The Office of the Comptroller…
Bullish partners with Deutsche Bank to expand institutional crypto adoption, integrating global fiat services and strengthening compliance. A new strategic alliance is propelling institutional crypto adoption forward globally. Digital asset platform Bullish has formally partnered with Deutsche Bank. The key collaboration is centered around harmonizing corporate banking services with the…
Key Highlights China’s commercial banks will start paying interest on digital yuan wallets from January 1, 2026, to encourage wider public and business use. Digital yuan balances at banks will earn interest and get deposit insurance, making them similar to regular bank deposits. The system will run through banks under…