A consortium of international FIs are planning to issue a U.S. stablecoin in early 2027; London-based OpenPayd has entered the U.S. through its acquisition of MSB USA; the U.K. fined Citi £4.7 million ($6.3 million) for hundreds of transactions in breach of sanctions against Russia; and more in this week’s banking news roundup.
Trending
- PBOC sets USD/ CNY central rate at 6.7580 (vs. estimate at 6.7241)
- La Fed de Kevin Warsh remonte ses taux et affirme son indépendance face à Trump
- OpenAI 6 new instances of ‘concerning model behavior’ since March
- Live: Will the Bank of England keep interest rates at 3.75%?
- Fujifilm breaks into top 3 digital camera makers, buoyed by female fans
- Mysterious trader moves $122 million ahead of Fed’s 2 p.m. decision
- Salesforce’s Marc Benioff to AI industry: Regulate yourselves or get sued
- Side Letter: Nothing ventured…
