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Crypto
Japan\'s Deutsche Bank pushes to launch institutional BTC, ETH custody this year
Deutsche Bank in Japan is awaiting regulatory approval to launch a digital asset custody service for European institutional investors and corporate clients. If licensing procedures are completed as planned, it aims to begin the service for its first customers within 2026, initially supporting bitcoin, ether and some stablecoins including Circle’s USDC and EURC and AllUnity EUR. The bank is pursuing authorisation under the EU’s MiCA framework.
Crypto
Stablecoins account for 3 percent of international payments; WTO says regulation, not technology, is the problem
Stablecoins have the potential to reduce the cost and time of cross-border payments, but differing national regulatory systems are blocking wider adoption, the World Trade Organization said. Juan Marchetti, director of the WTO’s Trade in Services and Investment Division, said constraints are regulatory rather than technological and that stablecoins still account for about 3 percent of international payments. The WTO said cross-border stablecoin payments grew 35-fold from 2020 to mid-2024.
Crypto
Global companies eye stablecoin payments as regulatory frameworks key
Stablecoins are taking hold in business-to-business payments, but regulatory and infrastructure barriers still limit wider use. BeInCrypto reported that cross-border payment frictions are driving interest, though rules remain a hurdle. ECB data show delays and fees in retail cross-border transfers, and G20 targets face doubts. Advocates cite stablecoin programmability and large transaction volumes. The Fed, IMF, EU and FSB have highlighted risks and moved to strengthen oversight.