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South Korea’s big banks meet Circle, Tether on stablecoin plans
South Korea’s largest banking groups, Shinhan, Hana, KB and Woori, plan to meet in Seoul with Circle and Tether to discuss partnerships for a won‑denominated stablecoin and domestic distribution of dollar‑backed tokens. The moves signal that systemically important banks want a front‑row role in stablecoins ahead of expected regulatory clarity. 
Germany’s DZ BANK Group, the nation’s second-largest banking group, is preparing to offer cryptocurrency trading and custody services to over 700 of its cooperative banks via the Boerse Stuttgart platform. The launch is expected by the year's end, with technical preparations nearing completion. 
Financial powerhouses including Goldman Sachs, BNY Mellon, Paxos, and others have concluded their testing phase of the blockchain Canton Network, engineered by Bluechip Digital Asset. The initiative brought together 15 asset management companies, 13 banks, four depositary institutions, and three exchanges in its pilot phase. 
PostFinance, one of Switzerland's major banks, is stepping into the cryptocurrency world with a service for retail clients, launching on February 21, 2024. The service will allow users to purchase, store, and even set up savings plans for digital assets. Initially, it will offer access to 11 popular cryptocurrencies. 
Nigerian banks are teaming up with the nation's Central Bank and various blockchain companies to launch a new stablecoin, Naira (cNGN), slated for 2024. This comes after previous unsuccessful attempts by the government to initiate a similar project and a digital national currency. 
The fiat gateway from Advcash made it possible for users to transfer their money stored in Russian banks, which have fallen under sanctions, to the exchange.
The user base is spreading this news, having gotten notifications from the exchange about it.
Nevertheless, Advcash representatives assert that they haven’t received any communications from Binance concerning updates to their partnership. 
According to the Financial Supervisory Service (FSS), the average annual salary for employees and executives at the South Korean cryptocurrency exchange Upbit now exceeds that of employees at the country’s major banks: $99,500 compared to $86,700. This marks a 124% increase over the past year. On-Chain Analysis with Nansen
Nansen is an analytical platform that offers deep insights into token movements, NFT activities, and categorizing crypto wallets belonging to banks, exchanges, and major investors, thereby significantly enhancing data handling. Investors leverage Nansen to spot whales, manage portfolios, and delve into on-chain investigations. The Little HODLer: Crypto-Themed Comics, Toys, and More
The Little HODLer series initially emerged as comics that narrate Bitcoin's origin, its contrast with currencies issued by banks, and its market dynamics, all through a cast of unique characters. It explains the concept of Bitcoin in simple, kid-friendly, and creative terms. 
DZ Bank, the second-largest financial group in Germany, plans to unveil a retail cryptocurrency trading project by the end of 2024. This ambitious venture will see participation from dozens of corporate banks and will initially cater to private users who do not seek investment or trading consultations. 
The Central Bank of Nigeria has reversed its directive that barred commercial banks from engaging with cryptocurrency platforms. This change has, however, stirred discontent among P2P traders, who had largely taken over the market after the initial ban. 
Deutsche Bank and SC Ventures have successfully executed the first stablecoin swaps within the Universal Digital Payments Network (UDPN). This platform was established to facilitate transactions using stablecoins and Central Bank Digital Currencies (CBDC).