Banking

Definition ∞ Banking refers to the business of accepting deposits, making loans, and providing financial services. It involves institutions that act as intermediaries for capital, facilitating transactions and managing financial risk. These operations are fundamental to the functioning of economies, providing liquidity and credit mechanisms.
Context ∞ In the context of cryptocurrency news, discussions surrounding banking often involve the intersection of traditional finance and digital assets. Key debates revolve around regulatory frameworks for crypto-assets held by banks, the potential for stablecoins to operate within existing banking structures, and the development of digital banking solutions that interface with blockchain technology. The stance of established banking institutions towards digital asset adoption significantly influences market sentiment and regulatory outlook.

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→Near-Real-Time Finality

→Fiat Currency Settlement

→Regulatory Compliance

Swiss Banks Achieve Near-Real-Time Fiat Settlement Using Google Cloud DLT

This DLT integration with core banking systems enables compliant, 24/7 near-instant settlement, dramatically reducing counterparty and liquidity risk.

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→Risk Mitigation

→DLT Platform

→Cross Currency Operations

Swiss Banks Pilot DLT for Near-Real-Time Fiat Cross-Border Settlement

DLT integration into core banking systems enables compliant, 24/7 cross-currency settlement, drastically reducing counterparty risk and operational friction in global payments.

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→Ledger Technology

→Cross-Border Payments

→Core Banking

Swiss Banks Pilot DLT for Near-Real-Time Fiat Payment Settlement

Integrating DLT into core systems enables near-instant, compliant settlement of commercial bank money, drastically improving capital efficiency.

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→Financial System Integration

→Blockchain Network

→Crypto-Related Operations

OCC Authorizes National Banks to Hold Crypto for Operational Balance Sheet Use

The OCC's new guidance formally integrates crypto-assets into the banking system's operational architecture, requiring immediate update of risk and capital management frameworks.

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→Real-Time Settlement

→Financial

→DLT Infrastructure

HSBC Expands Tokenized Deposit Service to US and UAE Corporates

The DLT-based Tokenized Deposit Service provides corporate treasuries with 24/7, instant settlement capabilities for cross-border liquidity optimization.

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→Digital Cash System

→Payment Rails

→Financial Services

HSBC Expands Tokenized Deposit Service to US and UAE Corporate Clients

Scaling a proprietary DLT rail for tokenized deposits provides corporate treasuries with T+0 cross-border settlement, optimizing intraday liquidity and reducing counterparty risk.

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→Federal Oversight

→Redemption Rights

→AML KYC

US Congress Passes Landmark GENIUS Act Establishing Stablecoin Framework

The GENIUS Act establishes the first federal framework for payment stablecoins, mandating reserve standards and clarifying non-security status.

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→Digital Asset Settlement

→Wholesale Payments

→Financial Market

Six Major UK Banks Pilot Live Tokenized Sterling Deposit Platform

This systemic pilot of tokenized deposits digitizes commercial bank money for programmable payments, enabling T+0 settlement and mitigating counterparty risk within the regulated perimeter.

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→Liquidity Management Controls

→Standard

→On-Chain Payment Utility

Senate Passes GENIUS Act Establishing Federal Stablecoin Regulatory Framework

The bipartisan GENIUS Act mandates clear reserve requirements and federal oversight, fundamentally de-risking the $250 billion stablecoin sector.

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→Regulated

→Wholesale Payments

→Bank-Led DLT

HSBC and Ant International Launch Cross-Border Tokenized Deposit Service

The DLT-powered service provides corporate treasurers with real-time, 24/7 liquidity and T+0 settlement for cross-border fund transfers, optimizing global cash concentration.