News
Stay updated with the latest blockchain and cryptocurrency news, trends, and insights from MENA and globally. Explore breaking stories, in-depth analysis, and industry updates on UNLOCK Blockchain.
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Tokenized Deposits Mark a First for Switzerland’s Big Banks
The Swiss Bankers Association has revealed that three of the country’s major financial institutions, including UBS, have carried out Switzerland’s…
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Russia’s Central Bank to Tighten Capital Rules for Banks Dealing with Crypto by 2026
Russia’s Central Bank (CBR) is preparing to roll out stricter regulations on banks handling digital assets, with new rules expected…
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BNY Mellon and Goldman Sachs Team Up to Tokenize Money Market Funds on Blockchain
The Bank of New York Mellon (BNY Mellon) has partnered with Goldman Sachs to launch a blockchain-based solution for tokenizing…
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Eric Trump: “Banks Came After Me, Crypto Set Me Free” as His Stablecoin Market Cap Hits $2B
Eric Trump took aim at traditional financial institutions during a fiery appearance at the Consensus conference in Toronto, declaring that…
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OCC Greenlights Crypto Services for U.S. Banks, Easing Regulatory Hurdles
The U.S. Office of the Comptroller of the Currency (OCC) has eased its stance on cryptocurrency in banking, reinforcing a…
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FDIC Signals Support for Bank Use of Public Blockchains in Upcoming Guidance
The Federal Deposit Insurance Corporation (FDIC) is moving to establish a clearer and more flexible regulatory framework that would allow…
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Powell: U.S. Banks Can Serve Crypto Customers—If They Manage Risks
The Federal Reserve signaled on Wednesday that U.S. banks should not be barred from engaging with the crypto industry, whether…
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China Tightens Crypto Regulations with New Rules for Banks
China’s foreign exchange regulator has introduced new rules requiring banks to identify and report risky trades, including those involving cryptocurrencies,…
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UBS Pilots Blockchain-Based System for Enhanced Cross-Border Payments
Swiss bank UBS (UBSG.S) announced on Thursday the successful completion of a pilot for its blockchain-based payment system, UBS Digital…
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JPMorgan’s Kinexys Blockchain to Enable Instant Dollar-Euro Settlement
JPMorgan Chase & Co. is set to introduce instant settlement for foreign-exchange conversions between the dollar and the euro through…
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