The Federal Deposit Insurance Corporation (FDIC) issued new guidance on March 28 clarifying that FDIC-supervised banks may engage in crypto-related activities without …
Banks
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Finance
Banks’ Spot Crypto Holdings Continue to Collapse as Firms Move to ETPs
by shayaanby shayaanBanks across the globe held a total of 341.5 billion euros ($368.3 billion) in crypto assets under custody in the second quarter …
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On Mar. 18, 2025, Reuters reported that various crypto companies seek to become state or national banks, which they see as an …
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Finance
Survey reveals 30% of Russian banks reluctant to support CBDC adoption: report
by shayaanby shayaanThe digital ruble’s rollout is facing challenges, with 30% of Russian banks unprepared due to outdated infrastructure and reluctance to comply with …
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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 …