Why US community banks say the GENIUS Act has a stablecoin loophole
In recent developments, banks argue that stablecoin rewards offered through exchanges exploit a GENIUS Act loophole, blurring the line between payment tokens and savings accounts. Looking closer, market participants highlight…
Banks must upgrade their blockchain infrastructure
In recent developments, banks risk falling behind if they cling to private blockchains. Upgrading to public, permissioned layer-2 infrastructure with ZK-proofs is essential for modern finance. Looking closer, market participants…
China to let banks pay interest on digital yuan wallets from January 2026
In recent developments, china’s central bank will let banks pay interest on digital yuan wallets from Jan. 1, 2026, reshaping e-CNY as deposit-like money as the US bans CBDCs. Looking…
Banks Could Start Holding XRP Due To This Simple Change
In recent developments, banks have mostly stayed on the sidelines when it comes to holding XRP directly, even as interest in digital assets continues to increase. That hesitation has not…
How US banks are quietly preparing for an onchain future
In recent developments, behind the scenes, US banks are rebuilding core financial infrastructure so cash, custody and funds can move onchain under regulatory oversight. Looking closer, market participants highlight key…
Fed Pushing Ahead With ‘Skinny’ Master Account Plan for Crypto Banks
In recent developments, the Federal Reserve has requested public comment on a plan to create a fast-track approval process for “innovation-focused” banks seeking to operate nationally. Looking closer, market participants…
US banks could soon issue stablecoins under FDIC plan to implement GENIUS Act
In recent developments, the Federal Deposit Insurance Corp.’s proposal outlines how banks could seek approval to issue payment stablecoins as US regulators move from legislation to rule-making. Looking closer, market…
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…
Why Michael Saylor wants nations to build Bitcoin banks
In recent developments, michael Saylor explains why governments should consider Bitcoin-backed digital banks. It is time to examine the potential benefits and risks of Bitcoin banks. Looking closer, market participants…
Crypto among sectors ‘debanked’ by 9 major banks: US regulator
In recent developments, the Office of the Comptroller of the Currency said crypto was one of many industries that banks had denied services to, and it could refer its findings…
