The US Senate is poised to pass the GENIUS Act, legislation that will set clear rules for stablecoin issuance and backing. This will allow companies issuing dollar-backed tokens […]
Rumours Surrounding Ripple’s Transformation into a Full-Fledged Bank
Speculation is intensifying in the XRP community following a post by popular influencer JackTheRippler on X (formerly Twitter). The post suggests that Ripple may soon acquire a banking […]
New Bank Charter for Digital Firms: Revolutionizing the Financial Sector
A new bank charter proposal is set to change the financial landscape, aiming to empower digital-first companies like Ripple and facilitate a more inclusive banking system. Congressman Greg […]
New Banking Charter Proposal Aims to Enable Ripple’s License Application
Former congressional candidate Greg Kidd has proposed a novel banking charter that could open the door for companies like Ripple to obtain licenses. During an interview at the […]
€93,000 Crypto Theft at The Kingdom Bank Sparks Security Scrutiny
The Kingdom Bank is facing increasing scrutiny after a security breach resulted in the unauthorized withdrawal of over €93,000 worth of cryptocurrency. A regulated trading firm reported that […]
Bank of America Enters Stablecoin Race, Driving Impact on Digital Dollar Ecosystem
Bank of America is pushing forward with the development of a USD-backed stablecoin, signaling a major shift in banking’s approach to digital assets. This move has significant implications […]
Bank of America Exploring Cryptocurrency Stablecoins: Potential for Major Shift in Finance
A report suggests that Bank of America is developing its own stablecoin, a move that could significantly impact the digital asset landscape if true. This development marks a […]
Chainlink Co-founder Sees Global Banking Giants Embracing Decentralized Network
Chainlink co-founder Nazarov claims that financial institutions are increasingly seeking Chainlink’s decentralized oracle network for various projects. He has been traveling extensively, meeting with key players in regions […]
PEXX Breaks Barriers with New Borderless USD Banking Suite
PEXX, a platform designed to meet the needs of the increasingly mobile global workforce, launches its full suite of neo-banking products for users in over 50 countries. This […]
SocGen’s New Stablecoin Challenges Circle and Tether: A Banking Giant Enters the Crypto Arena
Société Générale, a renowned French bank with roots spanning centuries, has thrown its weight into the blockchain landscape by issuing a dollar-backed stablecoin. This move has sent ripples […]
Ripple CTO Dispels Rumors of Exclusive ‘Secret’ XRP Version for Banks
A controversial claim alleging the existence of a secret, faster XRP version exclusively used by banks has shaken the XRP community. This theory, fueled by speculation on social […]
Senate Agrees on Michelle Bowman for Key Bank Post
The U.S. Senate confirmed Michelle Bowman as Vice Chair for Supervision in a close vote, 48 to 46. This pivotal decision could impact the cryptocurrency sector significantly, according […]
Nigerian Banks to Deduct USSD Charges Directly from Airtime
The Nigerian Communications Commission (NCC) has mandated commercial banks in Nigeria to begin deducting charges for USSD transactions directly from customers’ mobile airtime balances, rather than their bank […]
Central Banker Warns Crypto Losses Could Damage Trust in Traditional Banking
Fabio Panetta, a policymaker at the European Central Bank (ECB), has raised concerns about the potential damage to consumer trust in traditional banking if cryptocurrency users experience losses […]
Westpac Leverages AI to Combat Scams in Australia
Australia’s Westpac Bank has introduced an AI-powered tool designed to proactively combat scams, marking a significant step forward in fraud prevention within the banking sector. This new initiative […]