American CryptoFed withdrew its second attempt to register the Locke governance token after the US Securities and Exchange Commission (SEC) staff found …
Banking
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Regulation
Banking Lobby CEO Talks Crypto Clarity Act as Senators Race To Pass Bill
by shayaanby shayaanThe CEO of the American Bankers Association, Rob Nichols, has said that the banking lobby wants the Clarity Act to succeed — …
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Finance
‘Banking Is Becoming A Stablecoin’—Wirex’s Bet Against Revolut’s Rails
by shayaanby shayaan“When we reached out to like 10 banks or payment companies asking if we can do crypto debit cards, all of them …
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Regulation
Goldman Sachs CEO backs Clarity Act despite banking industry’s concerns over stablecoin rules
by shayaanby shayaanSolomon’s endorsement contrasts with growing opposition from other major banking executives, including JPMorgan Chase CEO Jamie Dimon, who have argued that the …
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In brief A cross-party group of UK MPs and peers has launched a parliamentary inquiry into the banking difficulties faced by crypto …
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Finance
Fidelity, BNY, Goldman Sachs, JPMorgan, Morgan Stanley, Citi Lead Strategy’s Bitcoin Banking Adoption
by shayaanby shayaanHow the Six Leaders Separated From the Field Strategy’s new Bitcoin Banking Adoption Index put overall adoption at 32%, underscoring how unevenly …
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Scams
Circle Stock Jumps as Stablecoin Issuer Wins Final Federal Banking Charter Approval
by shayaanby shayaanIn brief Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal …
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Crédit Agricole (ACA), France’s second-largest bank by assets, unveiled a euro-pegged stablecoin, a rival to offerings from smaller peer Société Générale (GLE) …
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In the days before a key Senate vote, the American Bankers Association sent more than 8,000 letters trying to change one provision …
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Markets
Banking rails are moving past the 'stablecoin winner' narrative: Sygnum
by shayaanby shayaanDigital asset bank Sygnum says institutional clients want multiple tokenized cash instruments operating interchangeably on a single platform. www.coindesk.com