U.S. Bank, a major financial institution in the United States, is piloting the issuance of custom stablecoins on the Stellar blockchain network in collaboration with PwC and the […]
16 Nigerian Banks Meet New Capital Base Requirements, Says CBN
The Central Bank of Nigeria (CBN) has announced that 16 lenders have met the revised capital base requirements set in March 2024 for financial institutions. However, 27 banks […]
Banking Titans Dominate Digital Asset Custody: Standard Chartered Leads the Charge
A significant shift is underway in the world of digital assets as traditional banks are now taking a more direct role in custody services, pushing crypto-native firms to […]
US Bank Profits Surge: Implications for Crypto Markets
US banks experienced a significant surge in profits during Q3 2025, recording a 13.5% increase according to the Federal Deposit Insurance Corporation (FDIC). This growth is driven primarily […]
Kraken Modernizes Its App to Become a Crypto-Powered Financial Hub
Kraken is transforming its app into a comprehensive financial platform, launching significant upgrades aimed at rivaling traditional banks and neobanks. The new version introduces features like a cashback […]
Senator Lummis Pushes Back on JPMorgan’s Crypto Account Closures, Spark New Banking Debate
U.S. Senator Cynthia Lummis has taken aim at JPMorgan Chase for its recent actions in closing accounts linked to crypto advocate Jack Mallers. This move raises concerns about […]
U.S. Banking Sector Records Major Profit Surge in Q3 2025
The U.S. banking industry experienced impressive profit gains during the third quarter of 2025, according to data from the Federal Deposit Insurance Corporation (FDIC). The latest report revealed […]
Jack Mallers Accuses JPMorgan of Anti-Crypto Bias After Account Closure
Strike CEO Jack Mallers has accused JPMorgan Chase of singling out crypto businesses and engaging in unfair treatment after his personal accounts were closed, prompting broader questions about […]
Banking Crypto Presales vs. AI: Why Digitap Outperforms DeepSnitch in 2025
As Bitcoin’s bull run falters and AI tokens struggle to maintain momentum, the market is shifting its focus towards proven fundamentals. This shift has seen ETF outflows skyrocket, […]
JPMorgan Closes Strike CEO’s Accounts, Reigniting Concerns About Crypto Debanking Era
Wall Street giant JPMorgan Chase has abruptly closed the accounts of Strike CEO Jack Mallers in September, sparking a déjà vu moment for the crypto industry, which faced […]
JPMorgan Accounts Shut Down: Concerns About Crypto’s Future Amidst Banking Restrictions
A surprising turn of events has raised concerns about cryptocurrency’s future within traditional banking. Jack Mallers, CEO of Strike, had his personal accounts abruptly closed by JPMorgan Chase […]
Strike CEO Claims JPMorgan Closed Bank Accounts, Igniting Crypto Debate
Jack Mallers, CEO of the cryptocurrency firm Strike, alleges that JPMorgan Chase abruptly closed his bank accounts without explanation. This move has sparked a debate within the crypto […]
Chase Bank Closes Accounts Over Compliance Concerns
Jack Mallers, co-founder of Twenty One Capital, received a letter from Chase Bank dated September 2, 2025, announcing the closure of his account. The bank cited compliance issues, […]
US Banks Hold $395 Billion in Undervalued Securities, New Data Reveals
New figures from the Federal Deposit Insurance Corporation (FDIC) reveal that US banks are carrying a staggering $395 billion in unrealized losses on their investment securities portfolios for […]
U.S. Banks Gain Approval to Hold Ethereum & Other Cryptocurrencies for Operations
Banks in the U.S. can now directly manage blockchain-related operations, a major shift fueled by regulatory approval from the OCC. This change allows banks to hold Ethereum, Bitcoin, […]