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…
US bank regulator clears national banks to facilitate crypto transactions
In recent developments, the guidance confirms that facilitating customer crypto trades falls within the “business of banking,” expanding the range of activities that national banks may offer under existing law.…
Fitch Ratings flags risk for US banks with high crypto exposure
In recent developments, while crypto offers banks an opportunity to generate new sources of revenue, Fitch warns it could bring risks that could lead to rating revisions. Looking closer, market…
Central Bank of Argentina Mulls Allowing Banks to Offer Crypto Services
In recent developments, according to local media, the central bank is examining the possibility of issuing a new ruleset to allow banks to enter the cryptocurrency business. Local analysts say…
Major banks running stablecoin, crypto-trading pilots with Coinbase, Armstron…
In recent developments, at the DealBook Summit, BlackRock CEO Larry Fink acknowledged Bitcoin’s utility, as Coinbase’s Brian Armstrong said the exchange is running pilots with major US banks. Looking closer,…
Group of EU banks pushes for a euro-pegged stablecoin by 2027
In recent developments, the entity formed by 10 banks is working on obtaining regulatory approval from the Dutch Central Bank to launch a stablecoin “in the second half of 2026.”…
