Banking

Elizabeth Warren Pressures Meta Over Stablecoin Plans Ahead of Key CLARITY Act Votes

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…

7 days ago

Pakistan Lifts Crypto Banking Ban and Opens Doors to Binance and Trump-Linked Deals

Pakistan has officially reversed its long-standing crypto restrictions, lifting an eight-year ban that previously blocked banks from servicing digital asset…

4 weeks ago

Swiss Banks Launch CHF Stablecoin Sandbox Led by UBS to Test Blockchain Payments

A group of six major Swiss banks—including UBS—have joined forces to launch a Swiss franc-backed stablecoin sandbox, marking one of the…

1 month ago

White House Says Stablecoin Yield Poses Minimal Threat to Small Banks, Undermining Key Industry Argument

The White House Council of Economic Advisers (CEA) has pushed back against one of the biggest claims made by traditional banks—stating that…

1 month ago

SoFi Launches 24/7 Banking Hub Blending Traditional Cash with Crypto

SoFi is pushing deeper into crypto-powered finance with the launch of a new 24/7 banking hub designed to seamlessly integrate traditional…

1 month ago

FDIC Moves Toward Rule Confirming Tokenized Deposits Are Insured

The Federal Deposit Insurance Corporation (FDIC) is preparing new rulemaking that would confirm tokenized bank deposits remain eligible for federal deposit insurance, marking…

2 months ago

ZeroHash Applies for U.S. National Trust Bank Charter as Crypto Banking Pipeline Grows

Digital 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…

2 months ago

Crypto.com Gets Conditional U.S. Approval for National Trust Bank Charter

Crypto.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…

3 months ago

YouTube Star MrBeast Acquires Gen Z Banking App Step After $200M Crypto-Linked Investment

YouTube megastar MrBeast — one of the most followed creators on the internet — is officially entering the fintech space with the acquisition of…

3 months ago

OCC Says Banks Can Hold Certain Cryptocurrencies To Pay Gas Fees in Latest Guidance

Banks can pay gas fees and hold cryptocy needed to pay those network fees, according to a new letter from…

6 months ago