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Trump Orders Massive Digital Shift for America’s Bank Account
27.3.2025
President Donald Trump has signed an executive order mandating a federal shift to digital payments by September, aiming to reduce $657 million in waste and minimize fraud risks. Trump Signs Sweeping Order to Digitize All Federal Payments by September U.S. President Donald Trump signed an executive...
Sen. Gillibrand Warns Against a ‘Watered-Down’ Stablecoin Bill
26.3.2025
Gillibrand suggested that the long-awaited stablecoin bill could become law before the August recess
Custodia and Vantage Bank partner for ‘first bank-issued stablecoin’
26.3.2025
The crypto-friendly Custodia Bank has worked with Vantage Bank to complete what the two firms say is “America’s first-ever bank-issued stablecoin” on a permissionless blockchain.Custodia said on March 25 that it tokenized US dollar demand deposits and facilitated the issuance...
Deutsche Bank Macro Strategist: Trump’s Bitcoin Reserve Is ‘Nothing New’
26.3.2025
Marion Laboure, managing director and macro strategist at Deutsche Bank, stated that she viewed Trump’s bitcoin reserve move as nothing new, just a continuation of the crypto evolution that started last year. She also noted that many cryptocurrencies were destined to crash. Deutsche Bank...
First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live
26.3.2025
First-ever tokenization of U.S. dollar bank deposits on Ethereum signals a seismic shift in traditional finance, with stablecoins now fully regulator-approved. Custodia and Vantage Bank Complete Historic Stablecoin Transaction on Ethereum Custodia Bank announced on March 25 that it had completed...
FDIC moves to eradicate 'reputational risk' category from bank exams
25.3.2025
The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational risk” category as a way to supervise banks. According to a letter sent by the agency’s acting chairman, Travis Hill, to Rep....
Custodia, Vantage Bank Tokenize U.S. Dollar Demand Deposits on Ethereum
25.3.2025
They conducted a series of eight regulated test transactions, involving minting, transferring, and redeeming Avit tokens under full U.S. banking compliance
Standard Chartered Bank Official: Ethereum Faces ‘Midlife Crisis’
25.3.2025
Standard Chartered Bank official, Geoff Kendrick, stated Ethereum is currently experiencing what experts are calling a “midlife crisis,”…
Mag 7 Returns Would Improve With Bitcoin Replacing Tesla: StanChart
24.3.2025
Bitcoin could be viewed as serving multiple purposes in a tech portfolio, paving the way for more institutional buying, the bank's digital asset research head said
Sam Altman’s World Network in Talks With Visa for Stablecoin Payments Wallet: Source
24.3.2025
The move will make World Wallet into a "mini bank account" for anyone who wants it, according to a person familiar with the plans
South Korea’s Bank to Begin CBDC Test Next Month
24.3.2025
South Korea’s Bank of Korea (BOK) will launch a large-scale pilot test for its central bank digital currency…
Swiss National Bank Says No to Bitcoin Reserve—No Plans to Buy Crypto Assets
22.3.2025
Switzerland’s central bank flatly rejected cryptocurrency for reserves, citing wild price swings, legal fragility, and software flaws as global momentum builds toward digital assets. No Crypto for Now: Swiss Central Bank Rebuffs Digital Assets in Reserve Strategy Swiss National Bank (SNB) Vice...
U.S. Bank Agency Cuts 'Reputational Risk' From Exams After Crypto Sector Cites Issues
20.3.2025
The crypto industry argued that U.S. regulators used the idea of risks to banks' reputation to pressure them to reject digital assets clients, and the OCC has answered
Czech Central Banker Skeptical of Bitcoin’s Place in Reserves
20.3.2025
A Czech National Bank board member has raised doubts on bitcoin as a reserve asset, citing legal uncertainty and volatility risks, even as it explores new asset classes. Bitcoin Faces Pushback From Czech Central Bankers Czech National Bank board member Jan Kubicek has expressed reservations about...
Premium on Naira Banknotes: Central Bank Condemns, Urges Action Against Illegal Currency Dealers
19.3.2025
The Central Bank of Nigeria has raised concerns over illegal currency dealers charging premiums of 20–40% on naira banknotes. Threat to Naira Credibility The Nigerian central bank has raised alarms over the growing practice in which illegal currency dealers charge a premium on local currency...
Fed Pauses Rate Hikes, Cuts Treasury Redemption Cap as Tariff Effects Loom
19.3.2025
The U.S. central bank opted to hold the federal funds rate steady within the range of 4.25% to 4.50%, emphasizing that “inflation remains somewhat elevated.” Powell Highlights Tariff Challenges in Economy, Fed Adjusts Financial Strategy Simultaneously, the Federal Reserve announced a strategic...
Fed Holds Rates Steady, Cuts Growth Outlook, Raises Inflation Forecast
19.3.2025
The U.S. central bank continues to expect the fed funds rate to end 2025 at 3.9%, or roughly two rate cuts by year-end
Bank of Korea Dismisses Bitcoin Reserves, Cites Volatility Concerns
19.3.2025
The Bank of Korea has stated it has not considered adding bitcoin ( BTC) to its foreign exchange reserves, emphasizing the need for extreme caution on this matter. Volatility: Crypto’s Achilles Heel The South Korean central bank has stated that it has not explored adding bitcoin ( BTC) to...
EOS Rebrands as Vaulta: A Web3 Banking Firm Offering Crypto Services
19.3.2025
EOS Network has officially rebranded as Vaulta, a Web3 banking firm that aims to offer a wide range…
More US Crypto Firms Seek Bank Licenses Under Trump Rule
19.3.2025
The pro-crypto stance of the Donald Trump administration has created a more favorable environment for crypto firms to…