Jamie Dimon’s recent “cockroach” warning about hidden credit risks sent shockwaves through global markets, triggering a sell-off and fueling investor uncertainty. Fears of widespread loan deterioration in regional […]
Global Banks Join Forces to Create Stablecoin Pegged to G7 Currencies
Major financial institutions are taking a significant step towards re-imagining traditional finance by joining forces to explore the development of a new stablecoin backed by fiat currencies. Ten […]
Major Banks Eye Joint Stablecoin Project Amidst New Legislation
Several major banks have expressed interest in exploring a joint stablecoin project, fueled by recent US legislation that could significantly impact the landscape of digital currencies. While no […]
FDIC to Review Rules Impacting Banks’ Crypto Activities
The Federal Deposit Insurance Corporation (FDIC) will discuss proposed rules that may affect crypto businesses. The discussion comes after allegations of banks de-banking crypto firms, with the FDIC […]
US Bank Re-enters Cryptocurrency Space After Regulatory Shift
Following a shift in regulatory stance, several U.S. banks are embracing cryptocurrencies once again. US Bancorp is among the leading examples, restarting its cryptocurrency services for institutional clients. […]
Nine Nigerian Banks Meet New Capital Requirements
In line with the Central Bank of Nigeria’s (CBN) new minimum capital base policy, nine commercial banks have successfully met the threshold requirements. This move is aimed at […]
Could Major Bank Adoption Drive a Huge Surge for Cardano?
Cardano (ADA) price is currently hovering around $0.85, facing a sustained downward trend in recent months. Many traders are losing patience with this sluggish performance. However, imagine a […]
Banks Drive Crypto Revolution: Bitwise CEO Predicts New Era
Bitwise CEO Hunter Horsley predicts that banks will play a crucial role in shaping a revolutionary era for Bitcoin and other cryptocurrencies, according to BlockBeats. Horsley believes bank […]
Eric Trump: Crypto Could Replace Banks, Claims ‘Outdated’ Traditional Finance
Eric Trump, Vice President of the Trump Organization, has boldly declared that cryptocurrencies will ultimately replace traditional banks. He believes these institutions are outdated and discriminatory in his […]
US Fed Announces End of Crypto Supervision Program for Banks
The Federal Reserve Board has announced the discontinuation of its specialized program overseeing certain cryptocurrency-related activities conducted by banks. Established in 2023, this program will be sunsetted and […]
Crypto Execs Urge Trump to Halt Big Bank Fees on Customer Data
A group of executives from the crypto and fintech industry has urged President Trump to block fees levied by major banks for access to customer data, arguing that […]
Big Banks on the Verge of Crypto Leadership: How Stablecoins Will Drive Shift
Arthur Azizov, founder of B2 Ventures, predicts a future where traditional financial giants will take center stage in the crypto sphere. This shift is driven by stablecoin launches […]
US Banks Explore Stablecoin Launch: Signaling Shift in Financial Landscape
Major US banks are stepping into the realm of cryptocurrencies, considering the creation of their own stablecoins. This move represents a significant shift in traditional finance towards the […]
Ripple CTO Reveals Frustration With Banks’ Slow Adoption of XRP
Ripple’s Chief Technology Officer, David Schwartz, has voiced his growing frustration with the pace at which traditional banks are embracing innovative financial technologies. In a video shared by […]
Stripe Embraces Stablecoins for Global Payments Revolution
Stripe, a leading fintech company, has partnered with banks to integrate stablecoins into its payment system, aiming to revolutionize global transactions. The move seeks to provide faster, cheaper, […]