Crypto readiness score
2/3 status dimensions verified · 1 initiative · last verified 2026-11-08
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 35 | Live — commercial, within explicit scope · initiative |
| Regulatory standing | 25 | — | No verified status — not scored |
| Technical delivery | 20 | 20 | Live — commercial, within explicit scope · initiative |
| Product breadth | 15 | 5 | 1 product category with a verified status: Tokenized deposits |
| Recent verified activity | 5 | 0 | No verified change in the last 365 days |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (1)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Tokenized deposits · Qatar / cross-border
QNB on Kinexys Digital Payments: blockchain deposit accounts for USD corporate flows and clearing
- regulatory
- Unknown
- technical
- Live — commercial, within explicit scope
- commercial
- Live — commercial, within explicit scope2025-10-12
J.P. Morgan says Qatar National Bank began using Kinexys Digital Payments blockchain deposit accounts for 24/7 settlement of USD corporate flows in March 2025, and QNB announced on 12 October 2025 that it had moved all no-deduct outbound USD clearing and settlement to the network.
Scope: USD corporate flows and outbound no-deduct USD clearing.
In tracker · last verified 2026-11-08
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- J.P. Morgan (Kinexys) · named role (tracker) · Kinexys Digital Payments network provider
Regulator records & actions
Register entries and regulator publications that name this institution.
None in our verified data.
Markets (from stated target markets): Qatar
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2025-10-12 · Status
QNB moved all no-deduct outbound USD clearing and settlement to KDP.
2025-05-02 · Status
J.P. Morgan (2 May 2025): QNB began using KDP for USD corporate flows in March 2025 (month only; history dated to the source).
Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
One email a week.
Bank initiatives, licences and status changes like the ones on this page land in the brief the week they are verified.
Free, weekly. Every fact sourced.
cryptobanking.news
The weekly brief is free. Sign up in one step on our beehiiv page.
Subscribe on beehiiv ↗Form not loading? Subscribe on beehiiv ↗