The US banking sector is experiencing a seismic shift as the Office of the Comptroller of the Currency (OCC) has granted banks permission to trade cryptocurrencies directly on […]
OCC Loosens Restrictions on Bank Participation in Cryptocurrency Services
The Office of the Comptroller of Currency (OCC) has expanded regulations allowing federally chartered banks and savings associations to provide cryptocurrency services, such as custody and execution. This […]
U.S. Banks Can Offer Crypto Services Without Prior Approval from the OCC
The U.S. Office of the Comptroller of the Currency (OCC) recently announced a significant change for banks: they can now offer crypto-related services, including custody and trading execution, […]
OCC Opens Door for Banks to Handle Crypto Assets and Outsourcing Services
The Office of the Comptroller of the Currency (OCC) has issued a policy shift, allowing U.S. banks to manage cryptocurrency assets and outsource related services. This significant change […]
OCC Grants Clarity on Crypto Asset Management for Banks
The U.S. Office of the Comptroller of the Currency (OCC) has issued new guidelines, Interpretive Letter 1184, providing clarity on how national banks and federal savings associations can […]
OCC Clears Path for Banks to Engage with Crypto: Impact on Markets and Investment
The U.S. Office of the Comptroller of the Currency (OCC) has issued new guidelines allowing national banks and federal savings associations to participate in crypto asset custody and […]
OCC Clears Path for Banks in Crypto Activities
The Office of the Comptroller of Currency (OCC) has issued Interpretive Letter 1183, affirming national banks’ ability to participate in specific crypto-asset activities. This clarification allows banks to […]
Singapore Gulf Bank Brings in Former Fed Vice Chair for Global Strategy
Singapore Gulf Bank has added a significant figure to its global strategy, appointing Richard Clarida, former Vice Chair of the US Federal Reserve, to its new Global Advisory […]
Singapore Gulf Bank Launches SGB Net for Seamless Crypto Transactions
Singapore Gulf Bank (SGB) has launched its innovative platform, SGB Net, to streamline crypto transactions within the MENA and Asian regions. This new offering facilitates frictionless exchange of […]
Kraken Launches Embed: Facilitating Seamless Cryptocurrency Access for Banks and Fintechs
Kraken has launched Embed, a service designed to help banks and fintech companies seamlessly integrate cryptocurrencies into their existing financial platforms. This innovative solution aims to simplify the […]
Morgan Stanley Broadens Access to Cryptocurrency for Retail Investors
Morgan Stanley, a leading US banking institution, has announced plans to integrate cryptocurrency transactions into its E*Trade platform, making direct access to retail users a reality. This initiative, […]
Charles Schwab Sets Sights on Crypto Trading: Major Bank to Launch Spot Services in 12 Months
Major financial institution Charles Schwab is set to join the crypto landscape. Reuters reports that CEO Walt Bettinger has revealed plans to launch spot cryptocurrency trading services within […]
Eric Trump Calls Out Banks, Sees Crypto as Future of Finance
Eric Trump, Executive VP of The Trump Organization and son of President Donald Trump, boldly declared the traditional banking system outdated during his appearance at TOKEN2049 in Dubai. […]
Eric Trump Calls for Cryptocurrency Adoption, Criticizes Traditional Banking
Eric Trump, a prominent figure in the cryptocurrency world, highlighted the limitations of traditional banking systems during a recent interview with CNBC. He argued that blockchain technology offers […]
Will Banks Fall Behind if They Don’t Embrace Cryptocurrency?
Eric Trump, in an exclusive interview with CNBC, highlights the urgency for banks to adapt or risk extinction in the coming decade. He criticizes traditional banking systems for […]