Monthly report

State of Crypto Banking — August 2026

Covers 1 August 2026 – 31 August 2026. Generated automatically from verified items, the bank tracker, the deadline radar and DefiLlama data. Every number below is a count or figure from those sources; there are no forecasts.

verified items this month: 3
from regulators / central banks: 2
tracker status moves: 3
dated deadlines in next 90 days: 2

Key figures

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 30 initiatives: 14 commercially live (within stated scope), 8 with a regulator authorisation, 11 MiCA Art. 60 notifications, 3 at pilot stage.
Total USD-pegged stablecoin supply was $303bn on 2026-10-23 (-0.6% vs 2026-09-23), per DefiLlama.

Status moves

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)

Regulatory and central-bank actions

17 Aug 2026T1RegulatorLatAm
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 2026T1RegulatorAfrica
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)

Bank and market adoption

20 Aug 2026T2Bank / FMIAPAC
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)

Deadlines ahead

Dated deadlines between 2026-08-31 and 90 days later, quoted from official texts.

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)

Scorecard leaders

Readiness scores from verified statuses only; see the methodology.

Activity by jurisdiction

Brazil 1

Method and sources

All items quote their primary source verbatim (string-matched before publication). Tracker statuses cite dated evidence. Metrics: DefiLlama Stablecoins API, fetched 2026-10-23 17:45 UTC. Methodology · Corrections · Data CC BY 4.0, cite “cryptobanking.news”.