The Independent Community Bankers of America (ICBA) is opposing Coinbase’s application for a National Trust Company Charter in the US, potentially impacting banks’ interests as the company moves […]
Nigeria’s Financial Future: A Battle for Trust and Control
The digital revolution in Nigeria is reshaping the financial landscape, with fintech companies challenging traditional banking dominance while banks seek to maintain their position. The stakes are high: […]
Crypto Regulations Take Center Stage: Banking Rules Get a Makeover
October saw significant regulatory moves in the crypto space, particularly regarding banking rules. Industry regulators are gearing up to update these rules and make it easier for banks […]
Kraken CEO Critiques ABA’s Concerns Over Stablecoin Interest Products
In a public clash, Kraken CEO David Ripley challenged the American Bankers Association (ABA)’s concerns about stablecoin interest products. The ABA’s Brooke Ybarra warned that allowing companies like […]
Japan Eyes Major Shift in Crypto Policy: Banks Allowed to Handle Bitcoin and Ethereum
Japan is poised for a significant change in its approach to cryptocurrencies, with regulators proposing legislation allowing banks to buy, hold, and sell digital assets like Bitcoin and […]
Japan Seeks to Permit Banks’ Involvement in Cryptocurrency Market
The Financial Services Agency (FSA) of Japan is poised for a major policy shift. They are reviewing rules that could allow banks to purchase and hold cryptocurrencies like […]
Dimon’s Warning Sparks Financial Turmoil: Banks Under Pressure as Markets Plummet
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 […]