Senator Elizabeth Warren is intensifying scrutiny on Meta’s growing stablecoin ambitions as Congress prepares for critical votes surrounding the crypto-focused CLARITY Act. The Massachusetts senator …
Latest in Banking
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Global Adoption
Pakistan Lifts Crypto Banking Ban and Opens Doors to Binance and Trump-Linked Deals
by Terron Goldby Terron GoldPakistan has officially reversed its long-standing crypto restrictions, lifting an eight-year ban that previously blocked banks from servicing digital asset …
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Global Adoption
Swiss Banks Launch CHF Stablecoin Sandbox Led by UBS to Test Blockchain Payments
by Terron Goldby Terron GoldA group of six major Swiss banks—including UBS—have joined forces to launch a Swiss franc-backed stablecoin sandbox, marking one of the …
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U.S. Regulation
White House Says Stablecoin Yield Poses Minimal Threat to Small Banks, Undermining Key Industry Argument
by Terron Goldby Terron GoldThe White House Council of Economic Advisers (CEA) has pushed back against one of the biggest claims made by traditional banks—stating that …
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Market Watch
SoFi Launches 24/7 Banking Hub Blending Traditional Cash with Crypto
by Terron Goldby Terron GoldSoFi is pushing deeper into crypto-powered finance with the launch of a new 24/7 banking hub designed to seamlessly integrate traditional …
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U.S. Regulation
FDIC Moves Toward Rule Confirming Tokenized Deposits Are Insured
by Terron Goldby Terron GoldThe Federal Deposit Insurance Corporation (FDIC) is preparing new rulemaking that would confirm tokenized bank deposits remain eligible for federal deposit insurance, marking …
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U.S. Regulation
ZeroHash Applies for U.S. National Trust Bank Charter as Crypto Banking Pipeline Grows
by Terron Goldby Terron GoldDigital asset infrastructure firm ZeroHash has applied for a U.S. national trust bank charter with the Office of the Comptroller of the Currency (OCC), a …
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U.S. Regulation
Crypto.com Gets Conditional U.S. Approval for National Trust Bank Charter
by Terron Goldby Terron GoldCrypto.com has received conditional approval from U.S. banking regulators to establish a national trust bank charter, a significant milestone that would allow the crypto …
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Tech
YouTube Star MrBeast Acquires Gen Z Banking App Step After $200M Crypto-Linked Investment
by Terron Goldby Terron GoldYouTube megastar MrBeast — one of the most followed creators on the internet — is officially entering the fintech space with the acquisition of …
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U.S. Regulation
OCC Says Banks Can Hold Certain Cryptocurrencies To Pay Gas Fees in Latest Guidance
by Terron Goldby Terron GoldBanks can pay gas fees and hold cryptocurrency needed to pay those network fees, according to a new letter from …
