The U.S. Office of the Comptroller of the Currency (OCC) has removed its consent order from Anchorage Digital, a federally chartered cryptocurrency bank. This decision signifies a positive […]
Crypto Groups Protest Proposed Banking Rules, Claim Innovation Risks Suppression
The Crypto Council for Innovation (CCI) and the Blockchain Association have voiced their opposition to banking proposals that they argue will stifle innovation in the cryptocurrency industry. The […]
Why Fintech Transactions Outpace Traditional Banking: Unveiling the Truth
The notion that fintech platforms like OPay and Moniepoint offer faster transactions than traditional banks has become commonplace in Nigeria. People often cite ‘instantaneous’ capabilities of fintech as […]
Federal Reserve Board Member Under Investigation for Mortgage Fraud
Bill Pulte, Director of the Federal Housing Finance Agency, has initiated an investigation into Federal Reserve Board member Lisa Cook regarding alleged mortgage fraud. Pulte’s letter to Attorney […]
Crypto Groups Fight Back Against Bankers’ Push to Rewrite Stablecoin Law
Two influential crypto industry groups are pushing back against Wall Street bankers seeking to roll back the United States’ recently enacted stablecoin law. In a joint letter addressed […]
Ripple’s XRP Holdings Could Propel It to Top 20 Banks Globally
Crypto expert Xaif highlighted comments from Teucrium CEO Sal Gilbertie, who suggests Ripple could achieve significant banking power through its substantial XRP holdings. Gilbertie’s prediction indicates a potential […]
Is Stablecoin Competition Threatening Traditional Banking?
Traditional banks, long seen as the cornerstone of finance, are facing a significant challenge from stablecoins. As this technology gains momentum, concerns about its impact on banking models […]
Financial Lobby Groups Demand Review of Cryptocurrency Banking Regulations
Major financial lobbying groups are urging regulators to hold off on implementing new rules for banks’ operations involving cryptocurrency. They believe these regulations, set to take effect in […]
Fed Loosens Crypto Rules for US Banks, Boosting Market Liquidity
The Federal Reserve is taking a major step forward in the crypto space. Chair Jerome Powell announced new supervisory rules that allow U.S. banks to actively participate in […]
Federal Reserve Dismantles Crypto Oversight Division, Shifting Focus to Standard Procedures
The Federal Reserve has ended its specialized crypto oversight division for banks, returning these responsibilities to standard regulatory procedures effective August 2025. This decision is expected to lead […]
Basel Bank Rules: Heightened Crypto Risks Impact Banking Intersections
The recent revisions to the Basel Bank Capital Rules by the Basel Committee on Banking Supervision have introduced stricter regulations that significantly impact how traditional banks engage with […]
Federal Reserve Ends Crypto Oversight Program: Implications for Banks & Market
The Federal Reserve has terminated its specialized crypto oversight program, reverting banking practices back to standard supervisory processes. This move affects banks’ engagement with digital assets, and analysts […]
US Firms Prepare for Stablecoin Era: Who Will Lead the Way?
The US is poised to witness a new era of stablecoins, with institutions like banks and payment providers preparing their own dollar-backed tokens. This follows the approval of […]
Michael Saylor Predicts New Era of Bitcoin Integration into Banking
Michael Saylor believes recent regulatory changes by the Federal Reserve signal a turning point for Bitcoin integration in financial systems. Following the Fed’s policy shift, Saylor highlighted this […]
Michael Saylor Predicts a New Era of Bitcoin Integration with Banks
Michael Saylor, the chairman of MicroStrategy, believes that Bitcoin and traditional banking have reached a significant turning point. With increased regulatory clarity and institutional interest, Saylor asserts that […]