Banking

Major U.S. Banks Are Considering a Joint Stablecoin Venture to Compete With Crypto Industry Leaders

Major U.S. banks are reportedly exploring a joint stablecoin venture to compete directly with the crypto industry's growing dominance in…

10 months ago

Crypto giants Circle and Coinbase Reportedly Eye US Banking Licenses Amid Regulatory Shift

A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the…

11 months ago

FDIC Opens Doors for Banks to Engage in Crypto Activities

The Federal Deposit Insurance Corporation (FDIC) has released new guidance (FIL-7-2025) that permits banks under its supervision to conduct crypto-related…

11 months ago

OCC Allows Banks to Engage in Crypto Without Prior Approval

The U.S. Office of the Comptroller of the Currency (OCC) has taken a major step in changing how banks interact…

12 months ago

48% of Central Banks Plan to Issue CBDC Within 5 Years

Think tank OMFIF has conducted its latest survey on central bank digital cy (CBDC), finding that almost three quarters (72%) of central…

1 year ago

Fed Chair Jerome Powell Says US Banks ‘Perfectly Able’ to Serve Crypto Customers

The Federal Reserve signaled Wednesday that servicing the cryptosphere shouldn’t be off-limits for U.S. banks, whether that involves catering to…

1 year ago

Pro-Crypto Advocate Ammon Simon Appointed Chief Counsel to Senate Banking Committee

Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, according to…

1 year ago

The FDIC Has Told Banks to Refrain From Providing Crypto Services in Over 20 Cases, Coinbase Finds

Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance…

1 year ago

Chainlink Partners with Major Financial Players to Improve Corporate Actions Data Reporting Using AI and Blockchain

Data provider Chainlink (LINK), with major financial market participants including Euroclear, Swift and Franklin Templeton, announced Monday that it started an…

1 year ago

Ripple Announces Bank-Grade Custody for Crypto Firms

This morning, the San Francisco-based startup Ripple announced the launch of new features and functionalities for Ripple Custody. The upgrades…

1 year ago