125 Crypto Groups Tell Congress Stablecoin Yield Ban Favors Big Banks
A coalition of 125 crypto and fintech organizations warns Congress that banking industry efforts to expand the GENIUS Act's stable...
PYUSD Stablecoin Issuer PayPal Seeks State-Chartered Bank License
PayPal seeks to create an industrial loan arm called PayPal Bank with a Utah state-chartered industrial bank license.The post PYU...
Visa Launches Stablecoins Advisory as Market Tops $300B — Banks Rush In?
Payments giant Visa is expanding into stablecoins with a new advisory service, helping banks, fintechs, and enterprises navigate r...
Coinbase Exec Slams Banks for Blocking Crypto Charter Bid
Coinbase publicly condemned traditional banking associations for opposing its national trust charter application, accusing them of...
UBS Completes Tokenized Fund Transaction Using Chainlink’s DTA – A New Era for O...
UBS has completed an end-to-end tokenized fund transaction using Chainlink DTA with DigiFT, automating subscription and redemption...
Japan’s FSA May Permit Banks to Buy, Hold Crypto and Operate Exchange Services
Japan's FSA is mulling a reform to allow banks to purchase and hold cryptos including Bitcoin.The post Japan’s FSA May Permit Ban...
Wall Street Banks Unite to Launch Stablecoin Rivaling Tether and Circle
A consortium of nine banks has confirmed plans tied to Wall Street to explore a reserve-backed Stablecoin for G7 payments on publi...
US Banks Moved $312B in Chinese Drug Money, But Crypto Gets the Blame
US financial institutions processed $312B in suspicious transactions linked to Chinese money laundering networks between January 2...