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Deutsche Bank plans to expand its crypto custody service into Asia in 2027 after a German launch expected within weeks, subject to approval. The offering will initially cover bitcoin, ether and three stablecoins, alongside planned tokenized-deposit and digital-bond services.
A BIS working paper using U.S. data from 2019 to 2025 found that stablecoin growth slowed when banks raised deposit rates. The effect was stronger for USDC than USDT, adding to an ongoing debate over stablecoin yield and regulation.
Goldman Sachs, Wells Fargo and Morgan Stanley are presenting tokenization as a potential growth engine, with opportunities in trading, cross-border payments and wealth advice. The banks described early-stage initiatives but offered no revenue forecasts for the technology.
A Bank for International Settlements working paper found that a one-basis-point rise in U.S. bank deposit rates was associated with slower stablecoin growth. The relationship was stronger for Circle’s USDC than Tether’s USDT, though the study does not establish deposit or lending losses.
The Bitcoin for Financial Services Summit will return to Denver on October 20–22, 2026, with more than 30 sessions covering custody, lending, accounting, regulation and advisory work for clients who hold Bitcoin.
A Borderless.xyz report found that stablecoin-funded remittances cost a median 1%, versus 6.36% for traditional transfers. Stablecoin business payments were also cheaper, while payouts through several Latin American networks settled in minutes, though completion rates varied widely.
Deutsche Bank is reportedly weeks away from launching cryptocurrency custody for European corporate and institutional clients. The service is expected to support bitcoin and other major digital assets, with an Asia expansion planned for next year and future stablecoin transfer services.
Deutsche Bank is preparing to launch crypto custody in Germany and expand into Asian financial centers in 2027. The planned service will initially cover Bitcoin, Ether and selected stablecoins, following authorization from Germany’s BaFin under the EU’s MiCA framework.
Circle plans to enter about 50 emerging and developing markets as demand for USDC-based payments grows across Asia, Latin America and the Middle East. The company is also expanding through Tazapay, its Arc blockchain and a US trust bank approval.
Russia’s central bank says direct peer-to-peer crypto trading between individuals will become illegal on July 1, 2027. Residents will have to use registered intermediaries, while transfers to personal non-custodial wallets and certain crypto lending activities will also be restricted.
South Korea’s Financial Services Commission named crypto businesses Streami and Pravang among 16 financial companies affected by recent customer-data breaches. About 100,000 data items were exposed across the group, while regulators plan broader inspections, faster threat sharing and tighter security accountability.
Sweden’s Riksbank wants lawmakers to prepare legislation for a possible digital krona, citing the ECB’s digital euro plans and the longer-term growth of foreign-currency stablecoins. The central bank says development could take at least five years, excluding legislative changes.
Mastercard and BVNK have launched a platform that lets businesses hold, convert, transfer and spend fiat currencies and stablecoins through one connection. The service links stablecoin balances to Mastercard cards, merchant payments and local bank payouts, with future support planned for AI-agent commerce and tokenized deposits.
Mastercard has launched Global Money Platform, a service that lets businesses manage stablecoins alongside fiat currencies, issue linked cards and send funds to bank accounts. The initiative integrates BVNK technology and competes with Visa’s stablecoin infrastructure platform.
South Korea is proposing tougher cybersecurity checks and greater executive accountability after finding weaknesses at 130 of 555 financial companies. The review followed incidents affecting 16 firms, including crypto businesses, with about 100,000 pieces of customer information exposed.
Russia’s central bank has authorized Sberbank to exchange digital currencies, adding to the bank’s existing approval for bitcoin custody. Sberbank plans to launch a crypto wallet in December, as new national rules set market access and investor limits.
Sberbank has received Bank of Russia approval to exchange digital currencies, following separate authorization as a digital depository. It plans to offer Bitcoin, Ethereum and USDT through its banking platforms from December 1, while retail limits and Russia’s crypto payment ban remain in place.
Standard Chartered has launched direct Bitcoin and Ethereum trading for Professional Investor clients in the UAE. The bank will provide custody and settlement through existing accounts under Dubai regulator approval, with plans to expand the service to other markets but no announced timeline.
