Crypto Biz: Bank stablecoins get a rulebook; Bitcoin gets a land grab
In recent developments, fDIC reveals a path for bank-issued stablecoins under the GENIUS Act as corporate BTC treasuries expand, Anchorage buys Securitize’s RIA arm and Bhutan taps reserves. Looking closer,…
Silvergate Bank lawsuit calls for FTX, Alameda clients to weigh in on $10M se…
In recent developments, more than 46,000 claimants could potentially receive a payout from a court-approved settlement involving the FTX-tied Silvergate Bank, which shuttered in 2023. Looking closer, market participants highlight…
Bank of Canada lays out criteria for ‘good money’ stablecoins
In recent developments, canada’s central bank will approve only fiat-backed, high-quality stablecoins to ensure they are “good money” as part of the country’s plan to modernize its financial system. Looking…
Paypal Seeks Approval to Launch Paypal Bank as Lending, Deposits, and Capital…
In recent developments, paypal is moving to become a deeper player in U.S. financial services by seeking to establish its own bank, a step designed to expand small-business lending, reduce…
US banks just unlocked a loophole to profit from your crypto trades without h…
In recent developments, on Dec. 9, the Office of the Comptroller of the Currency put out a press release with a very direct message for US banks: you are allowed…
Brazil’s Largest Bank Updates Bitcoin Portfolio Recommendations
In recent developments, itau, Brazil’s largest bank, now recommends allocating up to 3% of investment portfolios to bitcoin, despite the cryptocurrency’s underwhelming performance in 2025. The bank’s recent report emphasizes…
Capital A, Standard Chartered Malaysia Team up to Explore Ringgit Backed Stab…
In recent developments, capital A and Standard Chartered Bank Malaysia have signed an agreement to explore developing and testing a ringgit‑denominated stablecoin within Bank Negara Malaysia’s Digital Asset Innovation Hub.…
A SWIFT Scare? Amina Bank Implements Ripple Payments in Europe
In recent developments, amina Bank, a Switzerland-based financial institution, has announced the implementation of Ripple Payments, Ripple’s integral cross-border payment solution. With this move, Amina Bank becomes the first European…
Ripple National Trust Bank Receives Conditional Approval in Massive Step for …
In recent developments, ripple secured conditional OCC approval to launch a national trust bank, positioning its RLUSD stablecoin under federal and state oversight as U.S. institutions accelerate adoption of regulated,…
UK MPs warn Bank of England stablecoin plans could drive innovation offshore
In recent developments, cross‑party MPs and members of the House of Lords have urged UK Chancellor Rachel Reeves to rein in the Bank of England’s proposed regime for systemic stablecoins.…
