Cryptocurrency firm Paxos Trust Company has reapplied for a U.S. national trust bank charter, seeking to bolster its position within the established financial system. This move positions the […]
Paxos Seeks National Trust Bank Status to Expand Banking Services
Cryptocurrency infrastructure company Paxos Trust Company is making a push for access to traditional banking services by applying for a national trust bank charter with federal regulators. This […]
U.S. Banks Continue Closing Crypto Accounts, Heightening Industry Concerns
Several U.S. banks are shutting down crypto business accounts without explanation, contradicting the government’s supportive stance towards cryptocurrencies. While new legislation in 2025 strengthens regulatory frameworks for digital […]
Michelle Bowman Calls for Public Input on Community Bank Regulation
Federal Reserve Governor Michelle Bowman has outlined new priorities for community banks, focusing on regulatory reform. In a speech delivered August 9, 2025, Bowman emphasizes a need to […]
Bowman to Host Community Banking Event, Discussing Regulation & Fintech
Federal Reserve Governor Michelle Bowman is hosting a community banking event on October 9th focused on regulatory challenges and technology integration. The event highlights the importance of community […]
Bowman’s Banking Event to Focus on Economic & Regulatory Insights
Federal Reserve Governor Michelle Bowman will host a community banking event on October 9th, bringing an emphasis on economic and regulatory updates. The event, organized by the Kansas […]
Trump Ends Banking Discrimination Against Crypto Businesses
President Donald Trump signed an executive order aimed at curbing discriminatory practices by federal regulators against businesses in the cryptocurrency sector. This action, effective August 7, 2025, will […]
Stablecoins and the Banking System: Impact on Deposits and Insurance
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 […]