A major U.S. bank has been classified as significantly more impactful to the global financial system by the Financial Stability Board (FSB), leading to elevated capital requirements. The […]
FDIC Adjusts Capital Rule for US Banks
The U.S. Federal Deposit Insurance Corporation (FDIC) has made adjustments to a key banking capital rule related to U.S. Treasury bonds, impacting financial institutions and their approach to […]
OCC Clarifies Banks Can Use Crypto for Blockchain Fees
The U.S. banking regulatory landscape is getting clearer as the Office of the Comptroller of Currency (OCC) provides guidance on how banks can manage cryptocurrency for operational purposes. […]
US Banks Can Now Hold Crypto for Blockchain Transactions
A recent interpretive letter from the U.S. Office of the Comptroller of the Currency (OCC) has significantly altered banking regulations related to digital assets. This policy update empowers […]
FDIC Board to Address Unsafe Banking Practices on October 7
The Federal Deposit Insurance Corporation (FDIC) will hold a special meeting on October 7, 2025, at 10:00 AM ET. This session, open to the public through webcast, addresses […]
FBI Investigation: Alleged Bank Manager Misappropriates Client Funds
The FBI is currently investigating allegations of fraud against a bank manager who allegedly opened clients’ accounts without permission and diverted funds for personal use. No official sources […]
OCC Lifts Consent Order Against Anchorage Digital: Signaling Shift in Crypto Regulation
The U.S. Office of the Comptroller of Currency (OCC) has terminated a consent order previously placed on cryptocurrency custody bank Anchorage Digital in 2022. This decision signifies a […]
Wall Street Groups Call for Halt to Strict Crypto Banking Rules
Eight major financial industry associations have urged the Basel Committee on Banking Supervision (BCBS) to pause implementation of new rules governing digital asset risk management. They argue that […]
Federal Reserve Ends Specialized Crypto Oversight: Implications for Banks and Crypto Markets
The Federal Reserve is eliminating its specialized oversight of cryptocurrency within banking, merging these activities into standard supervisory processes. This move could ease interactions between banks and crypto […]
Paxos Seeks National Trust Bank Status to Enhance Regulatory Compliance
Stablecoin issuer Paxos has filed for a national trust bank charter with the U.S. Office of the Comptroller of Currency (OCC), joining Ripple and Circle in seeking federal […]
Trump’s Executive Order Addresses Debanking Practices in Crypto
President Trump issued an executive order aimed at preventing politicized or unlawful debanking practices, sparking discussions within the financial sector about cryptocurrency banking regulations. Crypto industry experts are […]
Walmart and Amazon Join Stablecoin Revolution Amidst Regulatory Push
Major retailers Walmart and Amazon are exploring the development of their own USD-backed stablecoins to streamline payments for customers. This initiative comes amidst growing institutional acceptance of stablecoins […]
Stablecoin Competition Threatens Small Banks: $13B Asset Risk on the Horizon
Small and regional banks across the United States are facing a significant challenge from proposed stablecoin legislation currently under debate in the Senate. The legislation, intended to regulate […]
OCC Allows US Banks to Offer Crypto Services, Enabling Expansion into Digital Assets
The Office of the Comptroller of the Currency (OCC) has issued new guidance allowing U.S. banks to buy, sell, and manage crypto assets under their custody. This marks […]
US Banks Gain Freedom to Offer Crypto Services
The US Federal Reserve has removed a long-standing requirement for banks to seek approval before engaging in crypto activities. The move signifies the end of ‘Operation Choke Point […]