Crypto for Advisors: Only 1 in 5 Americans say the financial system is secure
Updated Oct 29, 2026, 11:02 a.m. EDT Published Oct 29, 2026, 10:39 a.m. EDT 5 min read Happy Thursday, advisors! In today’s newsletter, Jennifer Rosenthal…
Banking
Standard Chartered Finalizes Pacts to Purchase Zodia Custody
Standard Chartered has entered into binding contracts to purchase digital asset custodian Zodia Custody, nearly half a year after its noteholders and equity holders agreed…
Goldman, Wells Fargo, and Morgan Stanley Treat Tokenization as Growth Opportunity
Tokenization, which is the procedure of bringing physical and financial assets onto a blockchain, has captured major media attention recently as an increasing number of…
AI agents could drain cheap bank deposits, Apollo’s Torsten Slok warns
Apollo Chief Economist Torsten Slok cautioned that automated financial assistants might provoke a gradual bank run by systematically transferring consumer capital from low-yield deposit accounts…
Why Banks Should Stop Worrying and Learn to Love the Clarity Act
As early as today, the U.S. Senate could take a critical step toward establishing operational guidelines for the digital economy by addressing the Clarity Act….
Hong Kong Court Sentences Ex-Banker to Four Years for $1.6B Fraud and Crypto Bribes
An ex-bank employee in Hong Kong who fraudulently approved credit letters valued exceeding $1.6 billion has been handed a four-year prison term, alongside an order…
Banks Step Up Stablecoin Rewards Battle Prior to Senate Clarity Act Vote
A coalition comprising eight American banking associations is once again petitioning the Senate to strengthen the Clarity Act’s prohibitions on stablecoin interest and rewards, intensifying…
Stablecoin Wallets Challenge Traditional Bank Accounts as Main Consumer Money Hub
Traditional bank accounts are not vanishing just yet, but their role as the sole place where consumers hold and move money is being increasingly challenged…
Citi, Goldman, and Other Major Financial Giants Launch Stablecoin Project
A collective of 21 banking institutions, consisting of names like Bank of America, Citi, Goldman Sachs, and UBS, announced on Tuesday their intention to set…
SoFi and Kraken Partner as Digital Banking and Crypto Converge
Online bank SoFi and Kraken are linking their financial networks together through an arrangement that grants the cryptocurrency exchange entry into SoFi’s banking and dollar…