The digital ruble’s rollout is facing challenges, with 30% of Russian banks unprepared due to outdated infrastructure and reluctance to comply with …
Banks
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Finance
Tether and Circle Face Rising Competition as Major Banks Eye Stablecoin Launches
by shayaanby shayaanThe role of stablecoins is expanding beyond the crypto market and attracting attention from traditional financial institutions. Meanwhile, new regulations from Europe …
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This is a segment from the Empire newsletter. To read full editions, subscribe. Right before the weekend kicked off — and in …
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World’s largest banks and fintechs are racing to launch their own stablecoins which are digital currencies pegged to the value of a …
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Regulation
Top US Regulator Gives Banks Greenlight To Engage in Crypto and Stablecoin Activities
by shayaanby shayaanThe Office of the Comptroller of the Currency (OCC) is easing its stance on how US banks deal with crypto and stablecoin …
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The Office of the Comptroller of the Currency (OCC), the US regulatory body responsible for overseeing national banks, issued a significant clarification …
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Markets
OCC Says Banks Can Engage in Crypto Custody and Certain Stablecoin Activities
by shayaanby shayaanFederally regulated banks can engage in a range of cryptocurrency activities without prior approval, The Office of the Comptroller of the Currency …
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Finance
How MicroStrategy Bitcoin Itch is Being Enabled by Barclays, Citigroup and Other Top Banks
by shayaanby shayaanTop banks stick their necks out to support Strategy’s (MicroStrategy) Bitcoin itch. Despite persisting debates about the sustainability of MicroStrategy’s (now Strategy) …
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Regulation
Fed Governor Calls for Regulatory Framework Allowing Banks and Institutions To Issue Stablecoins
by shayaanby shayaanA member of The Board of Governors of the U.S. Federal Reserve is calling for laws that would allow banks and institutions …
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The U.S. crypto scene is booming with President Donald Trump’s return, as his pro-crypto stance and push for clear regulations are sparking …