A massive data breach exposed thousands of Capital One customers’ sensitive data, putting them at lifelong risk of identity theft, a new …
Banking
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Markets
FDIC Reverses U.S. Crypto Banking Policy That Demanded Prior Approvals
by shayaanby shayaanThe Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a …
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Regulation
Senate Banking Committee grills Paul Atkins over crypto ties as he vows SEC reforms
by shayaanby shayaanPaul Atkins, former SEC Commissioner and President Donald Trump’s nominee to chair the US Securities and Exchange Commission (SEC), appeared before the …
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Regulation
Crypto firms aiming for banking licenses under Trump administration
by shayaanby shayaanFintech and crypto firms are actively pursuing state and national banking licenses under President Donald Trump’s administration to gain regulatory approval that …
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Regulation
Senate Banking Committee passes GENIUS Act with bipartisan support, advancing stablecoin regulation
by shayaanby shayaanThe Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, clearing the bill for the full Senate …
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Markets
U.S. Senate Banking Committee Advances Stablecoin Bill with Bipartisan Support; Full Senate Vote Next
by shayaanby shayaanUnder President Trump’s encouragement for the crypto sector, the U.S. Senate Banking Committee has successfully pushed forward a bill regulating stablecoins. This …
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Scams
Senate Banking Committee to Vote on Bipartisan ‘Genius’ Stablecoin Bill This Week
by shayaanby shayaanThis week, the U.S. Senate Banking Committee plans to vote on a bipartisan bill aimed at regulating stablecoins and enhancing consumer protection. …
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Crypto Firms Struggle – Anti-crypto banking policies remain unchanged despite Trump’s return, says Custodia Bank CEO Caitlin Long. FDIC Resistance – Custodia …
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The House Oversight Committee is investigating whether the FDIC’s delayed crypto oversight and banking restrictions were driven by political motives or unlawful …
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Regulation
GENIUS stablecoin bill to begin Banking Committee review on, March 10 week
by shayaanby shayaanKey Takeaways The GENIUS stablecoin bill seeks to create a regulatory framework for stablecoins in the US. The bill allows federal oversight …