U.S. banks are cautiously exploring cryptocurrency operations, according to industry insiders. While skepticism persists among executives like JPMorgan’s Jamie Dimon who believes cryptocurrencies lack merit, he has affirmed […]
U.S. Treasury Secretary Hints at Potential Bank Regulation Easing This Summer
United States Treasury Secretary, Janet Yellen, has hinted that regulatory changes to bank trading rules could be implemented this summer. According to industry sources like Odaily, she has […]
U.S. Banks Gain Approval to Trade Crypto: Ripple Effect for XRP?
A major development for the cryptocurrency market has arrived as the U.S. Office of the Comptroller of the Currency (OCC) issued new guidance permitting national banks and federal […]
U.S. Banks Gain Regulatory Approval to Offer Crypto Services
Banks in the United States have been granted new regulatory authority to offer crypto services directly or through third-party firms. The U.S. Office of the Comptroller of the […]
US Banks Now Authorized to Trade Crypto for Clients: OCC Issues Confirmation
The Office of the Comptroller of the Currency (OCC) has confirmed that US banks can now engage in cryptocurrency trading for clients, marking a significant regulatory shift. This […]
OCC Approves Cryptocurrency Activities for Bank Customers
The Office of the Comptroller of the Currency (OCC) has shifted its stance on cryptocurrency, allowing banks to buy, sell, and provide custody services for digital assets. This […]
U.S. Banks Gain Flexibility to Explore Bitcoin Services
The U.S. banking sector is now empowered to engage in crypto-related activities without pre-approval from their regulatory point of contact at the Federal Reserve, as the Fed has […]
Federal Reserve Lifts Crypto Guidance for Banks, Encouraging Innovation in US Markets
The Federal Reserve has reversed its 2022 and 2023 crypto guidance for banks, relaxing regulatory restrictions on their involvement in the cryptocurrency sector. This decision, announced April 24, […]
Federal Reserve Eases Crypto Rules for U.S. Banks: Increased Participation Expected
The Federal Reserve recently loosened cryptocurrency regulations for banks, signaling a move towards greater participation in the crypto market. This shift will remove prior approval requirements and allow […]
Federal Reserve Simplifies Crypto Rules for U.S. Banks
The U.S. Federal Reserve has relaxed rules governing how banks interact with cryptocurrencies, including dollar-backed tokens. This move represents a significant shift toward greater regulatory openness and signals […]
Federal Reserve Embraces Flexibility in Cryptocurrency Transactions
The U.S. Federal Reserve has made a significant move towards easing regulations on cryptocurrency transactions. The Fed recently repealed a supervisory letter requiring banks to give advance notice […]
Federal Reserve Removes Crypto Guidance for Banks
The U.S. Federal Reserve has revoked guidance aimed at regulating banks’ involvement in cryptocurrencies and stablecoins. The Board of Governors announced this action on April 24th, stating that […]
Crypto Businesses Embracing Alternative Banking Routes with OCC Trust Charters
The US Office of the Comptroller of the Currency (OCC) is witnessing a surge in applications for trust charters from cryptocurrency and fintech companies. This trend, fueled by […]
US Banking Regulator Approves Specific Crypto Services for Banks
The Office of the Comptroller of Currency (OCC) has granted a green light to banks for certain crypto-related services. Acting Comptroller Rodney Hood stated that banks can offer […]
Trump Administration Sets Stage for Crypto-Banking Integration in the U.S.
The Trump administration is actively paving the way for a deeper integration between cryptocurrencies and traditional finance systems, particularly in the United States. Key developments include U.S. crypto […]