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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Tag:
Banks
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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 …
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Regulation
Powell says Fed has no intention of preventing banks from offering crypto services
by shayaanby shayaanThe Federal Reserve (Fed) chairman, Jerome Powell, said that the central bank regulator does not want to prevent banks from serving crypto …
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Finance
Wall Street banks are plotting crypto expansions in efforts to win Trump over
by shayaanby shayaanWall Street’s biggest banks are wasting no time. They’ve smelled opportunity, and it reeks of Bitcoin. With newly-elected president Donald Trump embracing …
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Mastercard’s Raj Dhamodharan predicts that more central banks will shift away from retail CBDCs, focusing instead on wholesale digital currencies for financial …