US Banks Warn OCC Crypto Charters Could Weaken Financial System Stability
TLDR US banking groups oppose OCC’s approval of crypto charters, citing regulatory risks. ABA and ICBA warn OCC’s crypto charter move could undermine the banking...
Category : Banks
OCC Confirms Banks Can Act as Intermediaries in Crypto Transactions
Bitcoin Magazine OCC Confirms Banks Can Act as Intermediaries in Crypto Transactions The Office of the Comptroller of the Currency (OCC) clarified today that national...
Big Banks Push to Dismantle GENIUS Act as Crypto Group Fights Back
TLDR: Blockchain Association warned banks want to roll back GENIUS Act protections, risking consumer access to stablecoin innovation. Letter to Congress stresses GENIUS guarantees one-to-one...
Licensed Banks Can Now Tap Binance’s Crypto-as-a-Service to Offer Crypto Access at Scale
TLDR: Binance introduces Crypto-as-a-Service, letting banks and brokers launch crypto services with full control and Binance-powered infrastructure. Internalised trading gives institutions the ability to match...
US Banks Demand Stablecoin Yield Ban While Paying Depositors Nearly Nothing
Banks are upping the ante in their fight against yield-bearing stablecoins, which could threaten bank deposits and their profit margins. ......
OCC Gives Banks the Green Light to Offer Bitcoin and Crypto Custody and Trading Services
Bitcoin Magazine OCC Gives Banks the Green Light to Offer Bitcoin and Crypto Custody and Trading Services The OCC's latest guidance clarifies that national banks...
FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval
The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This...
Bitcoin Banks: We Should Build Them Ourselves
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Adin Ross and FaZe Banks Plan Crypto-Powered GTA 6 Server
The gaming duo’s plan for a crypto-powered GTA 6 server faces uncertainty as Rockstar Games has previously banned blockchain-based assets......
Big Banks Show FOMO and Seek a Slice of the Bitcoin ETF Action
The interest in spot Bitcoin ETFs among financial institutions such as banks and brokerages is surging as they push for the Securities and Exchange Commission...
