Trump Makes Travis Hill Pick Official as Choice to Run FDIC
Travis Hill has already been leading the FDIC, but President Donald Trump's nomination puts him up for the banking regulator's cha...
Cross-Border Retail Payments Get Overhaul as Swift Rolls Out Global Scheme
TLDR: Swift is working with 30+ banks to set new rules for retail cross-border payments and boost speed worldwide. The scheme guar...
Coinbase Defends Stablecoins Against Banking Threat Claims, Says ‘Math Doesn’t A...
Coinbase published a comprehensive defense against banking industry claims that stablecoins threaten traditional financial stabili...
SGB Teams With Matrixport to Give Institutions 24/7 Fiat and Crypto Custody Acce...
TLDR: SGB and Matrixport integrate banking and custody tech to allow instant, regulated fiat and crypto access for institutions. T...
GENIUS Act Loophole Risks Draining Small Banks, Senator Warns
TLDR: Alabama Senator Keith Kelley says the GENIUS Act rewards loophole could reduce deposits in small rural banks. Crypto platfor...
Top U.S. Banking Regulator Gould Says Crypto Debanking 'Is Real'
Jonathan Gould, chief of the Office of the Comptroller of the Currency, said his agency is trying to halt debanking while also wri...
Ripple Strikes BBVA Deal to Deliver Crypto Custody in Spain
TLDR: Ripple expands partnership with BBVA to deliver institutional-grade digital asset custody to customers in Spain. BBVA rolls...
SEC Rule Change Pushes U.S. Bancorp to Restart Crypto Custody
TLDR: U.S. Bancorp has restarted crypto custody services following an SEC rule change that eased capital restrictions for banks. T...
Citi Executive Warns Stablecoin Interest Payments Could Drain Bank Deposits Like...
Concerns over stablecoins offering interest returns have echoed the 1980s deposit flight, with Treasury data suggesting up to $6.6...
Stablecoins Threaten to Disrupt U.S. Bank Deposits and Payments, Morningstar DBR...
Stablecoins have rapidly become a central pillar of the digital asset economy, now exceeding a combined market capitalization of $...