Traditional banks have invested more than $100 billion in blockchain since 2020, according to a recent Ripple-backed report claiming digital assets are …
Banks
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Regulation
Crypto, fintech lobbies urge Trump to defend open banking amid big banks’ legal challenge
by shayaanby shayaanA coalition of crypto, fintech, and retail trade groups has urged President Donald Trump to take a firm stance in defending the …
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Some U.S. banks are panicking over a growing threat: stablecoins. They’re not worried about volatility or speculation; they’re worried about losing trillions …
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The world of finance is undergoing a digital revolution driven by the increasing adoption of cryptocurrency. As more and more individuals and …
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Regulation
The Banks Are Up Against the Digital Asset Industry in a DC Policy Battle, and Crypto’s Been ‘Winning,’ Says Custodia Bank CEO
by shayaanby shayaanThe CEO of Custodia Bank, a US financial institution specializing in cryptocurrencies, says passing crypto legislation in the US has been a …
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Regulation
China Merchants Bank’s Brokerage Arm Secures Hong Kong Virtual Assets License: Report
by shayaanby shayaanChina Merchants Bank’s (CMBI) brokerage arm has attained a virtual assets license from Hong Kong, becoming the first Mainland China broker to …
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Aave has surpassed $50 billion in crypto deposits, becoming the first DeFi protocol to rival mid-sized U.S. banks in scale. Table of …
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Markets
Banks Given Green Light to Custody Crypto Ahead of Key Legislation Voting
by shayaanby shayaanThe United States lawmakers are preparing for important votings on several crypto-related bills this week. Later this week, the House of Representatives …
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Regulation
OCC, Fed, FDIC publish joint guidance for banks offering crypto custody
by shayaanby shayaanThe Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (Fed), and the Federal Deposit Insurance Corporation (FDIC) released …
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Finance
Turkish Banks Can’t Remain Indifferent to Cryptocurrencies! Yapı Kredi Makes Major Cryptocurrency Move!
by shayaanby shayaanAs the adoption of Bitcoin and altcoins continues to grow at a rapid pace, Türkiye cannot remain indifferent to this development. At …