Major U.S. banks are reportedly exploring a joint stablecoin venture to compete directly with the crypto industry’s growing dominance in …
Latest in Banking
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U.S. Regulation
Crypto giants Circle and Coinbase Reportedly Eye US Banking Licenses Amid Regulatory Shift
by Terron Goldby Terron GoldA growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the …
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U.S. Regulation
FDIC Opens Doors for Banks to Engage in Crypto Activities
by Terron Goldby Terron GoldThe Federal Deposit Insurance Corporation (FDIC) has released new guidance (FIL-7-2025) that permits banks under its supervision to conduct crypto-related …
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U.S. Regulation
OCC Allows Banks to Engage in Crypto Without Prior Approval
by Terron Goldby Terron GoldThe U.S. Office of the Comptroller of the Currency (OCC) has taken a major step in changing how banks interact …
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Global Adoption
48% of Central Banks Plan to Issue CBDC Within 5 Years
by Terron Goldby Terron GoldThink tank OMFIF has conducted its latest survey on central bank digital currency (CBDC), finding that almost three quarters (72%) of central …
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U.S. Regulation
Fed Chair Jerome Powell Says US Banks ‘Perfectly Able’ to Serve Crypto Customers
by Terron Goldby Terron GoldThe Federal Reserve signaled Wednesday that servicing the cryptosphere shouldn’t be off-limits for U.S. banks, whether that involves catering to …
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U.S. Regulation
Pro-Crypto Advocate Ammon Simon Appointed Chief Counsel to Senate Banking Committee
by Terron Goldby Terron GoldAmmon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, according to …
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U.S. Regulation
The FDIC Has Told Banks to Refrain From Providing Crypto Services in Over 20 Cases, Coinbase Finds
by Terron Goldby Terron GoldCoinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance …
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Global Adoption
Chainlink Partners with Major Financial Players to Improve Corporate Actions Data Reporting Using AI and Blockchain
by Terron Goldby Terron GoldData provider Chainlink (LINK), with major financial market participants including Euroclear, Swift and Franklin Templeton, announced Monday that it started an …
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This morning, the San Francisco-based startup Ripple announced the launch of new features and functionalities for Ripple Custody. The upgrades …
