State of Crypto Banking — August 2026

verified items this month

3

from regulators / central banks

2

tracker status moves

3

dated deadlines in next 90 days

2

• 3 verified items were published in August 2026: 2 Tier 1 (regulators, central banks, standard setters), 1 Tier 2 (banks, FMIs, networks), 0 Tier 3.
• By jurisdiction: APAC 1, BR 1, Africa 1.
• The bank tracker holds 56 initiatives: 25 commercially live (within stated scope), 11 with a regulator authorisation, 11 MiCA Art. 60 notifications, 9 at pilot stage.
• Total USD-pegged stablecoin supply was $303bn on 2026-10-23 (-0.6% vs 2026-09-23), per DefiLlama.

• 2026-08-20 · technical

  Swift shared blockchain ledger for tokenised-deposit cross-border payments

  Developing / partnership established → Live — restricted / specific counterparties

  First live bank-to-bank tokenised deposit transaction (HSBC–Standard Chartered). A single live transaction; not commercial availability.

  HSBC ↗ (opens source in new tab)

• 2026-08-20 · commercial

  HSBC Tokenised Deposit Service (TDS)

  Live — commercial, within explicit scope

  Status as stated in HSBC release (first date this tracker recorded it, not launch date).

  HSBC ↗ (opens source in new tab)

• 2026-08-07 · regulatory

  MiCA Article 60 notification: custody & administration, order execution, reception & transmission of orders, transfer services

  Notified (MiCA Art. 60)

  Notification recorded in ESMA interim MiCA register.

  European Securities and Markets Authority ↗ (opens source in new tab)

• 17 Aug 2026/T1Regulator🌎LatAm
  Brazil central bank requires 24-hour precautionary hold on large virtual-asset transfers abroad

  “O Banco Central (BC) aprovou um novo conjunto de medidas para fortalecer a prevenção de fraudes em operações com ativos virtuais no Brasil.”

  Banco Central do Brasil (published by Ministério da Fazenda) ↗ (opens source in new tab)

• 3 Aug 2026/T1Regulator🌍Africa
  National Treasury and SARB publish draft Crypto Assets Manual for cross-border activities

  “National Treasury and the South African Reserve Bank (SARB) hereby invite interested parties to submit written comments on the draft Crypto Assets Manual for cross-border activities (draft Manual).”

  South African Reserve Bank ↗ (opens source in new tab)

• 20 Aug 2026/T2Bank / FMI🌏APAC
  HSBC and Standard Chartered execute first live tokenised deposit transaction on Swift's blockchain

  “HSBC and Standard Chartered today announced the successful completion of bank-to-bank tokenised deposit interoperability through the execution of the first live cross-border transaction on Swift’s blockchain-based ledger.”

  HSBC ↗ (opens source in new tab)

• 16 Oct 2026 · MAS stablecoin framework (APAC) — MAS consultation on Payment Services Act amendments for stablecoins closed source ↗ (opens source in new tab)
• 12 Nov 2026 · MiCA (EU) — USDC becomes subject to MiCA dual supervision as a significant EMT source ↗ (opens source in new tab)

1. HSBC100/100
2. Standard Chartered88/100
3. Societe Generale-FORGE85/100
4. BBVA85/100
5. Openbank85/100
6. AMINA Bank85/100
7. Citi65/100
8. Emirates NBD60/100

Brazil 1

All items quote their primary source verbatim (string-matched before publication). Tracker statuses cite dated evidence. Metrics: DefiLlama Stablecoins API, fetched 2026-10-23 21:44 UTC. Methodology · Corrections · Data CC BY 4.0, cite “cryptobanking.news”.