European banks
Coverage of European banks in the Nexus archive.
- OTP gives Hong Kong a vote of confidence as European banks look East
European banks are shifting their funding strategies due to geopolitical fragmentation, rising financing costs, and unstable energy supplies, with Hong Kong emerging as an alternative capital market. OTP Bank, Hungary’s largest lender, has shown confidence in Hong Kong by accessing its markets.
- 12 European Banks Form Consortium named Qivalis Venture to launch MiCA Compliant Euro Pegged Stablecoin, Expected Debut Around November 2026
Twelve European banks under the Qivalis Ventures consortium are developing a MiCA-compliant Euro stablecoin, expected to launch in November 2026. The stablecoin will allow tracking, freezing, and seizing user assets under AML/KYC laws, as European institutions grow wary of USD stablecoins like USDC and USDT.
- European banks are at risk of losing customers to rivals with better crypto tools
European banks face customer loss risks as competitors with advanced cryptocurrency tools attract users. The article highlights the growing competition in crypto services among financial institutions.
- French minister urges banks to expand euro stablecoins, tokenized deposits: report
The French minister has urged European banks to expand euro stablecoins and tokenized deposits as the dollar-pegged stablecoin supply exceeds $300 billion. The push aims to promote euro-based digital assets amid growing global reliance on U.S. dollar-linked stablecoins.