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South Korea's central bank announced plans to integrate state-backed deposit tokens with public blockchain networks, a move designed to counter the massive outflow of domestic capital to foreign stablecoins that reached 27 trillion won in the first quarter of 2025. What to Know: Bank of Korea plans

JPMorgan Chase has opened 14 luxury financial centers across affluent ZIP codes in New York, California, Florida and Massachusetts as part of an ambitious strategy to capture a larger share of America's wealth management market. The nation's largest bank by assets is targeting millionaires with at l

Ethereum co-founder Vitalik Buterin is calling for enhanced privacy and resilience features in the world's second-largest cryptocurrency following Sweden's retreat from its ambitious cashless society initiative. The tech entrepreneur cited Sweden's decision to step back from complete digitization as

Five major banking industry groups have formally requested the Securities and Exchange Commission (SEC) to repeal its cybersecurity incident disclosure rule, arguing the regulation undermines national security efforts and creates more problems than it solves. The American Bankers Association led the

European Union antitrust regulators have expanded their investigation into Visa and Mastercard's fee structures, distributing questionnaires to terminal providers and payment companies as scrutiny intensifies over potential anti-competitive practices by the two dominant card processors. The probe, w