FDIC, Federal Reserve, and OCC Move to Modernize Regulatory Capital Rules for Al...
TLDR: Three federal agencies jointly propose modernizing capital rules for banks of all sizes across the U.S. Largest banks would...
Fed, FDIC, OCC Clear Tokenized Assets for Bank Balance Sheets
TLDR: The Fed, OCC, and FDIC confirmed tokenized securities get identical capital treatment to traditional assets at U.S. banks. B...
SoFi Bank Launches First U.S. Chartered Bank Stablecoin With BitGo Infrastructur...
TLDR: SoFiUSD is the first stablecoin issued by a U.S. nationally chartered and insured deposit bank on a public chain. BitGo’s St...
Crypto-friendly fintech giant Revolut files for U.S. banking license
The license would allow the firm to operate like a traditional bank and gain direct access to payment networks like Fedwire and AC...
ZeroHash applies for national trust bank charter to expand regulated stablecoin...
A charter would allow ZeroHash to operate under a single federal framework, rather than state-by-state rules and offer services al...
Stablecoin yield rewards (likely won't be) banned under OCC proposal: State of C...
The OCC's proposal's stablecoin yield procedures are the most ambiguous in that rulemaking plan.
OCC Proposes Regulatory Framework for Payment Stablecoins Under the GENIUS Act
TLDR: The OCC proposed a regulatory framework for payment stablecoin issuers under the GENIUS Act with a 60-day comment window. BS...
Crypto.com wins initial approval for U.S. federally regulated crypto custodian b...
The national trust charter institution would consolidate custody services under a single framework under federal oversight.
Anchorage Digital Builds Federal Rails for Stablecoin Payments
TLDR: Anchorage Digital Stablecoin Solutions enables international banks to settle USD transfers using regulated stablecoin infras...
Brazil’s Nubank Wins OCC Conditional Approval for U.S. National Bank – Crypto Cu...
Nubank has received conditional approval from the OCC to organize a U.S. national bank, with 12 months to fully capitalize and 18...