According to @rovercrc, major European banks are deepening their involvement in the cryptocurrency market, signaling strong institutional interest. Spanish banking giant BBVA is now actively advising its wealth clients to allocate between 3% and 7% of their portfolios to Bitcoin (BTC) and Ethereum (ETH), as stated by the bank's head of digital solutions, Philippe Meyer. BBVA plans to expand its crypto offerings later this year. Concurrently, Italian banking group Banca Sella is piloting stablecoin custody services with Fireblocks, potentially opening up digital asset services to its 1.4 million customers. These moves, spurred by clearer European regulations, represent significant validation for the crypto asset class and could drive increased liquidity and demand for BTC and ETH from traditional finance investors.

According to @StockMKTNewz, Circle, the issuer of the USDC stablecoin, has filed an application with the Office of the Comptroller of the Currency (OCC) to establish a national trust bank. This strategic move aims to bring Circle under direct federal oversight, similar to traditional financial institutions, and would allow it to operate across the U.S. without individual state licenses. If approved, the new entity, named First National Digital Currency Bank, N.A., would manage USDC reserves and offer regulated custody services to institutional clients. The application is seen as a proactive step to align with potential U.S. stablecoin legislation, such as the GENIUS Act. Circle CEO Jeremy Allaire stated the goal is to strengthen USDC's infrastructure and support the development of market-neutral financial infrastructure. This follows similar charters granted to other crypto firms like Paxos and Anchorage. From a trading perspective, the news underscores the increasing regulatory integration of major stablecoins; currently, USDC maintains its peg with USDC/USDT trading at $0.9988 and USDC/USD at $1.00, while facilitating significant volume in pairs like BTC/USDC and ETH/USDC.

According to Milk Road, Coinbase Business has introduced an online banking interface designed specifically for businesses, integrating cryptocurrency payments, accounting, and treasury management into daily operations (source: @MilkRoadDaily, June 13, 2025). This platform enables companies to handle crypto-based transactions such as BTC and ETH, potentially increasing mainstream adoption and liquidity in the crypto markets. Traders should monitor related tokens and payment networks for increased activity as business adoption expands.

According to @iampaulgrewal, the argument that if one crypto firm is banked, no other could be debanked is flawed. This statement comes amid claims that the FDIC has misled both the federal court and the public, raising concerns about regulatory transparency. These issues could impact crypto firms' banking relationships, affecting liquidity and market stability.

According to paulgrewal.eth, banks have shown interest in cryptocurrencies, but the FDIC did not assess any associated risks. The FDIC's extensive redactions citing 'confidential supervisory information' were deemed an abuse of power by a federal court. This decision highlights the legal stance against unbanking lawful industries, potentially impacting crypto market accessibility for traders.