Major U.S. banks are reshaping their hiring strategies in response to the rapid advancement of artificial intelligence (AI), reflecting a shift in Wall Street employment practices even as […]
Ripple CEO Slams Banks for Hypocrisy on Crypto Access
In a scathing address at DC Fintech Week, Ripple CEO Brad Garlinghouse criticized banks for demanding stringent compliance measures from crypto firms while simultaneously denying them access to […]
Erebor Crypto Bank Receives Pre-Approval from OCC, Signaling Shift in U.S. Crypto Regulation
Erebor, a crypto-focused financial institution backed by billionaire investor Peter Thiel, has received preliminary banking charter approval from the Office of the Comptroller of the Currency (OCC). This […]
Erebor Bank Secures OCC Charter for Crypto Banking
Erebor Bank has received conditional approval from the Office of the Comptroller of the Currency (OCC) to operate as a national bank in the United States. This marks […]
U.S. Regulators Approve New Bank Focused on Innovative Sectors
The U.S. has granted conditional approval for the launch of Erebor, a new bank aiming to serve companies and investors working within sectors like cryptocurrency, artificial intelligence, defense, […]
French Banking Giant ODDO BHF Enters Cryptocurrency Market with Stablecoin Launch
In a significant move, the 175-year-old French banking giant ODDO BHF has officially entered the cryptocurrency market. The bank announced its entry through the launch of EUROD, an […]
PNC Financial Services Unveils Strong Q3 2025 Results, Raises Growth Outlook
PNC Financial Services Group (NYSE: PNC) has delivered impressive third-quarter 2025 financial results exceeding market expectations. The company’s strong performance showcased robust earnings growth, improved credit quality, and […]
Citigroup Favors Tokenized Deposits Over Stablecoins for Future Payments
Citigroup is shifting away from stablecoins in favor of tokenized deposits for future payment infrastructure, citing compliance and efficiency advantages. This strategic pivot reflects the growing demand for […]
ECB Digital Euro Raises Concerns About Bank Stability
The European Central Bank (ECB) has issued a warning that its planned digital euro could impact bank stability, potentially causing billions in deposits to shift away from traditional […]
Citibank & JPMorgan Enter Crypto Space: A Look at Their Divergent Strategies
Two giants of traditional banking, Citibank and JPMorgan, are actively exploring the world of cryptocurrencies. As institutional investors increasingly turn to digital assets for their investments, these institutions […]
JPMorgan Introduces Bitcoin Trading to Clients, Offers Access without Full Custody
JPMorgan Chase has announced a significant shift in its approach to digital assets, signaling an openness towards cryptocurrencies while maintaining a cautious stance on risk. The bank will […]
Major Banks Join Forces on a New Stablecoin Initiative
Financial expert Levi Rietveld has raised eyebrows with his observation that leading global banks are collaborating to develop a unified digital settlement instrument. His analysis highlights the potential […]
Digital Euro Could Trigger Substantial Bank Deposit Outflows: ECB Study Finds
A simulation study by the European Central Bank (ECB) has revealed a potential risk for commercial banks in the eurozone should a digital euro be introduced. The study, […]
Peru’s BCP Launches Regulated Cryptocurrency Platform, Criptococos
Banco de Crédito del Perú (BCP), Peru’s largest bank, has launched Criptococos, marking its pioneering role as the first Peruvian institution to offer regulated cryptocurrency access. The platform […]
Wall Street Banks Partner to Create Stablecoin for Faster Global Payments
Major banks from around the globe, including Goldman Sachs, Citibank, Bank of America, and Santander, are joining forces with other institutions like Barclays, BNP Paribas, Deutsche Bank, MUFG, […]