Standard Chartered Bank plans to consolidate its client custody business at its Zodia Custody into the bank’s Digital Assets division for corporates and investment banks. Zodia will become an independent custody SaaS platform. Relevant announcements will be made within this month.

The U.S. Treasury plans to jointly issue new regulations requiring stablecoin issuers to establish anti-money laundering and sanctions compliance systems to address suspicious transactions and comply with the Bank Secrecy Act. This move is intended to advance the implementation of the GENIUS Act, which is expected to take effect in 2027.

Standard Chartered Bank plans to restructure its holding of Zodia Custody Ltd., integrating its cryptocurrency custody business into the corporate and investment banking division, and expects to issue a related announcement within this month. Zodia Custody will continue to operate as an independent crypto-asset custody SaaS company.

Gate News message. On April 8, according to Bloomberg, a White House economist said that stablecoin yields will not harm banks’ profits. Data show that even if stablecoin yields are banned, it is expected to increase the scale of bank loans by only 0.02%.

The Federal Deposit Insurance Corporation (FDIC) has introduced new regulations that bring stablecoin oversight closer to the bank model, requiring issuers to hold safe assets and allowing them to be redeemed on a 1:1 basis. This change strengthens the link between stablecoins and traditional finance, improving transparency and safety, and is expected to attract more institutional investors while promoting the integration of cryptocurrencies with traditional finance.

Several Swiss financial institutions jointly launched a Swiss franc stablecoin sandbox test, aiming to build a blockchain-based digital settlement layer and promote stablecoin payments and asset transfers. This project is subject to regulation and will continue until 2026, to accumulate experience for future commercialization. This move strengthens Switzerland’s competitive edge in the digitization of finance and indicates that the global financial system is evolving toward “on-chain” development.

In 2026, the Korean crypto market will see significant changes, with USD Coin trading activity surging, reflecting growing demand for dollar-pegged stablecoins. Circle’s CEO will visit South Korea to discuss stablecoin use cases and partnerships with multiple banks. At the same time, South Korean regulators are strengthening stablecoin legislation, laying the groundwork for the digital asset market.

GSR announced that it would lead the investment in Libeara, the tokenized platform under Standard Chartered. The investment amount has not been disclosed. GSR has acquired Autonomous and Architech, aiming to become a “Web3 investment bank” for global digital asset and RWA capital markets, providing end-to-end services. Founded in 2023, Libeara has generated more than $1 billion in on-chain assets and has obtained a license from the Monetary Authority of Singapore.

French banking analyst Kit Juckes issued a report stating that if the Federal Reserve keeps interest rates unchanged this year, the U.S. dollar will fluctuate. The market expects G10 central banks to raise rates, but Sweden’s economic growth forecast is only slightly higher than that of the United States, which limits the dollar’s appreciation. If the Federal Reserve cuts rates, the dollar could fall.

The negative correlation between Bitcoin and global central bank monetary policy suggests that institutional capital has already positioned itself ahead of a potential easing cycle. In the recent spot ETF net inflows have hit a new high, but the market remains choppy and unstable, with weak demand. Corporate allocation has slowed, volatility in the options market has increased, and traders are more inclined to add downside protection.