Eric Trump, executive vice president of the Trump Organization and son of U.S. President Donald Trump, has issued a warning to global banks about the impending necessity for […]
Bunq Enters Crypto Trading Market with Kraken Partnership
Bunq, a prominent European neobank, is venturing into the world of crypto trading in partnership with Kraken exchange. The Dutch company will launch its new service, Bunq Crypto, […]
Major Banks Eye Stablecoin Market, Seeking Regulatory Clarity for Launch
Bank of America CEO Brian Moynihan boldly declared his intention to issue a stablecoin only if Congress provides clear regulatory guidelines, revealing the significant interest of traditional financial […]
Bitcoin Demand Predicted to Soar After Bank Endorsements: Michael Saylor’s Prediction
Michael Saylor, Executive Chairman of Strategy, predicts a significant surge in Bitcoin demand following official bank endorsements. This prediction stems from his company’s strategic decision to utilize Bitcoin […]
C-One Ventures Acquires Bankly; CEO to Remain in Advisory Role
C-One Ventures has acquired Bankly, a Nigerian fintech company with a focus on microfinance and banking services. This move sees the company’s operations fully integrated into C-One Ventures’ […]
US Banks Face Mounting Pressure: $482 Billion in Unrealistic Losses Surge
US banks are facing growing challenges as unrealized losses have surged to a staggering $482 billion, fueled by aggressive interest rate hikes implemented since 2021. Historical analysis reveals […]
Crypto Market Volatility Linked to US Bank Losses: Bitcoin, Ethereum, Ripple Prices Affected
The cryptocurrency market is experiencing heightened volatility in light of major bank losses totaling $482 billion within the United States. This event underscores the close relationship between traditional […]
Banks Now Free to Explore XRP Following Fed’s Regulatory Shift
The Federal Reserve’s recent decision to withdraw its guidance on crypto-asset activities has sent ripples across the financial and cryptocurrency sectors, especially among those who advocate for XRP […]
Senator Lummis Critiques Fed’s Crypto Guidance Withdrawal, Calls It ‘Just Noise’
Crypto industry figures are reacting to the US Federal Reserve’s recent softening of its stance on crypto banking, but Senator Cynthia Lummis is skeptical about the significance of […]
Crypto Advocate Calls for Easier Banking to Fuel Mainstream Acceptance
U.S. Crypto regulations are shifting, with a key advocate proposing easier banking access as a major driver for wider crypto adoption. This move aims to bridge the gap […]
Fed Revokes Crypto Restrictions for Banks: A Major Shift in Regulatory Approach
In a landmark decision, the Federal Reserve has removed guidance restricting banks’ involvement with crypto assets and stablecoins. This change will allow financial institutions to operate more freely […]
Federal Reserve Lifts Restrictions on Crypto for Banks, Signaling a New Era
The U.S. Federal Reserve has dramatically reshaped the landscape of banking and cryptocurrency interaction by removing key restrictions on how banks can engage with digital assets. This unprecedented […]
US Banks Granted Permission to Engage with Bitcoin Activities
US banking regulators have reversed previous guidance discouraging banks from participating in crypto activities. This shift is expected to foster greater adoption of cryptocurrency within the financial sector. […]
Fed Removes Crypto Approval Hurdle, Opens Doors for Banking Services
The Federal Reserve has removed pre-approval requirements for banks engaging in crypto activities, signaling a shift towards greater acceptance of digital assets within the financial system. This policy […]
Federal Reserve Drops Crypto Bank Notification Requirement
The Federal Reserve has lifted a 2022 policy requiring banks to notify regulators of their involvement in crypto activities, marking a significant shift in how the central bank […]