Pinnacle Financial Partners' headquarters is moving to a new 25-story office tower in Midtown Atlanta; New Jersey-based Provident Bank appoints Adriano Duarte to succeed Thomas Lyons as chief financial officer; Binance will shut down services for customers in France, Italy, Spain and Poland after the exchange withdrew its MiCA licence application in Greece; and more in this week's banking news roundup.

Banks are merging the ubiquity of fiat money with the advantages of digital networks and are building the kinds of products crypto firms can't match.

The former New York governor will chair a new effort aimed at tokenizing financial products on chain and bringing 24/7 digital trading to NYSE-listed assets.

Chair Travis Hill said the Silicon Valley Bank failure showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.

Zelle, Western Union, SoFi and others are all launching stablecoins, adding to the thousands of other digital assets that do essentially the same thing as bitcoin.

The original cryptocurrency lies at the bleeding edge of the risk curve, and its cross currents say something about how feisty the market is feeling.

House Financial Services Committee Chair French Hill, R-Ark., said he is optimistic that his Senate counterparts will develop compromise language for a crypto market structure bill that President Donald Trump will sign, though some details may be left to regulators to iron out.

The former crypto wunderkid added a presidential-pardon application to the long list of attempts to get his sentence reduced.

In a sea of coins, the transfer firm's CEO says that by working with partners to build its own branded coin, it can control more of the related products and lower costs.

There is a difference between combating discrimination and forcing bankers to ignore problems.

The companies are connecting their tools in an effort to streamline the complexities involved in payments that use digital assets and advanced artificial intelligence.

Securities and Exchange Commission Chair Paul Atkins said his agency and the Commodity Futures Trading Commission are working together to usher in a friendlier regulatory environment for technology and crypto firms, a marked departure from the interagency dynamic under President Biden.

The crypto industry thought it could do trust better than the banks, found out it couldn't and realized it needs rules to guarantee trust.

Block's CEO is more bullish on bitcoin, but stablecoins add another option for the payment company's users to build their spendable balances while furthering the company's super app ambitions.

AI could bring about the worst jobs market in the past century; the good news is we have time to figure out what to do about it.

The crypto exchange, which closed its original direct deposit service in late 2024, has brought it back for users to set up automated digital asset investing.

Consumers don't mistrust crypto products because they don't understand the technology behind them. They mistrust them because they have seen them fail under pressure. The path forward will be slow and incremental.

The use of cryptocurrency products will only go truly mainstream when everyday consumers feel confident that their assets are not at risk of disappearing because of a mistake or an oversight.

Crypto firms are becoming the kinds of trusted third parties bitcoin was created to get around, raising the question of what digital currencies are even for.

Senate Banking Committee Chairman Tim Scott, R-S.C., flatly denied multiple pleas from Democrats to consider their amendment to a crypto market structure bill being marked up in the committee Thursday that would make banking industry-favored changes to the yield provision. The committee passed the measure in a 15 to 9 vote.