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Payward has signed a binding agreement to acquire Saldo Finance Oy, owner of Lithuania-based Saldo Bank, securing a European banking license and adding deposit and lending capabilities across five markets.
A group of 21 international banks, including Goldman Sachs, UBS and Bank of America, is preparing a jointly issued dollar stablecoin, with a euro token to follow, targeting cross-border payments and digital asset settlement.
Russia's largest lender expects regulated crypto trading to reach roughly $46 billion in its first year under new legislation, with volumes potentially nearly doubling by 2029, deputy chairman Anatoly Popov says.