U.S. banks are adopting a cautious approach to crypto engagement, largely because of uncertainty surrounding regulatory frameworks governing such activities. Key takeaway: Financial institutions are opting for indirect […]
US Bank Collaboration Looms: Major Players Forge a Joint Stablecoin Venture
A group of leading U.S. banks, including JPMorgan Chase, Wells Fargo, Bank of America, and Citigroup, are reportedly in the early stages of discussions regarding a joint stablecoin […]
U.S. Banking Groups Demand Repeal of Four-Day Cybersecurity Disclosure Rule
Five major U.S. banking associations, including the American Bankers Association (ABA), have urged the Securities and Exchange Commission (SEC) to repeal its new cybersecurity disclosure rule requiring companies […]
Banking Giants Join Forces on Unified Stablecoin to Secure Payment Dominance
Major US banks are exploring a joint venture for a stablecoin, aiming to solidify their position in the evolving payment market amid increasing competition from tech giants. These […]
Big Banks Set to Launch Cryptocurrency Stablecoins
Major Wall Street banks are making a major move in the cryptocurrency market, planning to launch their own stablecoins. JPMorgan, Citigroup, Bank of America, and Wells Fargo are […]
MTN Files Lawsuit Against Banks
Telecom giant MTN has taken legal action against several banks, citing concerns regarding their business practices. The lawsuit will explore alleged financial misconduct and unfair competition in the […]
OCC Clarifies Banks’ Role in Crypto Custody, Driving Institutional Adoption
The Office of the Comptroller of the Currency (OCC) has paved the way for banks to offer cryptocurrency custody and execution services, according to its latest regulatory clarification. […]
U.S. Banks Resist Reversing High Credit Card Rates Despite CFPB Defeat
Despite a court defeat of a Consumer Financial Protection Bureau (CFPB) rule limiting late fees, major U.S. banks are maintaining elevated credit card rates and new fees. These […]
Trump Administration To Loosen Bank Capital Requirements After 2008 Crisis
The Trump administration is taking steps towards relaxing capital requirements for major US banks, a move reminiscent of the era following the 2008 financial crisis. According to the […]
Banks Embark on New Digital Asset Frontier: XRP Integration Gains Traction
The US banking sector has taken a major step forward in its integration of cryptocurrency, with the Office of the Comptroller of the Currency (OCC) issuing new guidance […]
Standard Chartered Enters Crypto Market with FalconX Partnership
Standard Chartered has partnered with digital asset broker FalconX to bolster its institutional cryptocurrency services. This strategic collaboration marks a major move for Standard Chartered as it aims […]
Standard Chartered Deepens Institutional Crypto Banking with FalconX Partnership
Global banking giant Standard Chartered has strengthened its support for the cryptocurrency industry by partnering with crypto prime broker FalconX. The partnership will provide a comprehensive suite of […]
US Regulators Permit Crypto Services at National Banks
A major regulatory shift in 2025 has authorized national banks to offer cryptocurrency services. The decision from the Office of the Comptroller of Currency (OCC) and Federal Deposit […]
Federal Reserve Warns of Stablecoin Risks to U.S. Banks
The Federal Reserve has issued a significant warning regarding stablecoins, particularly those issued by non-bank entities, and their potential impact on U.S. banks. The Fed highlights the possibility […]
OCC Grants Full Crypto Integration to U.S. Banks
The U.S. Office of the Comptroller of the Currency (OCC) has lifted restrictions on national banks, allowing them to offer a full range of crypto services. This significant […]