Fed Scraps 2023 Crypto Banking Ban That Blocked Crypto Bank Custodia
The Federal Reserve rescinded its 2023 guidance that blocked banks from crypto activities, coinciding with revelations that JPMorg...
Russia’s Sberbank Tests DeFi Tools, Offers Crypto Investment Products
Russia’s largest lender, Sberbank, is expanding its push into digital finance as it tests decentralized finance (DeFi) tools and r...
Wyoming Crypto Bank Files Petition Demanding Full Court Review of Fed Account De...
Wyoming crypto bank Custodia escalated its five-year legal battle by filing for en banc review of the Federal Reserve's master acc...
OCC Clears Circle, Ripple and Others to Launch Crypto National Banks
The OCC has conditionally approved five crypto firms, including Circle and Ripple, to launch national trust banks.The post OCC Cl...
LevelField Wins Illinois Nod To Acquire Burling Bank For Crypto Services
LevelField has received Illinois approval to acquire Chicago-based Burling Bank and has proposed combining FDIC-insured community...
First U.S. Bank to Trade Crypto: SoFi Enables Bitcoin, Ethereum, Solana Access
TLDR: SoFi becomes the first nationally‑chartered U.S. bank to enable retail crypto trading. Launch covers major tokens including...
Fed Crushes Caitlin Long’s Crypto Bank’s 5-Year Bid for Master Account
An appeals court has ruled the Federal Reserve has discretion to reject access to its payment rails, ending a multi-year effort to...
Top U.S. Regulator Dismisses Stablecoin ‘Bank Run’ Threat as Market Soars Past $...
OCC’s Jonathan Gould has said stablecoin risks have been overstated, adding a threat to bank deposits and a run would not happen o...
Crypto and Fintech Advocacy Groups Unite to Fight Big Banks Over Open Banking Ru...
US crypto, fintech, and retail groups are urging regulators to defend against big banks’ efforts to limit open banking access.The...
Peter Thiel’s Erebor Bank Gets OCC Approval as Washington Softens Stance on Cryp...
The Erebor Bank OCC approval provides a preliminary charter for Peter Thiel's new venture, which will focus on the innovation econ...