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Guatemala’s largest bank integrates blockchain for cross-border payments


Guatemala’s largest bank, Banco Industrial, has integrated crypto infrastructure provider SukuPay into its mobile banking app, allowing locals to more easily receive remittances powered by blockchain technology. SukuPay’s infrastructure has been fully embedded inside the Zigi...

Circle co-founder to create ‘AI-native’ bank after $18M raise


Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that leverages artificial intelligence natively. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured...

Circle co-founder to create ‘AI-native’ bank after $18M raise


Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured...

JPMorgan boss says bank users can soon buy Bitcoin


Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency.“We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody...

Boutique Trump Tower Bank Is Quietly Stockpiling Bitcoin: Bloomberg


Dominari Holdings Inc., a small investment bank based in Trump Tower, is stockpiling bitcoin as it pivots deeper into crypto, Bloomberg first reported. Investment Bank Tied to Trump Family Deepens Crypto Footprint Dominari Holdings Inc. (Nasdaq: DOMH), a small bank headquartered in New York’s Trump...

Europol helps dismantle $23M ‘mafia crypto bank’


European law enforcement in January arrested 17 suspects of a “mafia crypto bank” who are said to have laundered over 21 million euros ($23.5 million) in crypto for criminal entities in China and the Middle East.The money laundering services were allegedly carried out on behalf...

OCC Declares US Banking System ‘Well Positioned’ to Embrace Crypto


The U.S. banking system is officially primed for a digital evolution as the OCC confirms its readiness to support blockchain, stablecoins, and crypto-powered financial services. OCC Endorses Crypto Future for US Banks, Calling System ‘Well Positioned’ The Office of the Comptroller of the Currency...

Banks Just Got the Green Light: OCC Clears Crypto Trading Role


U.S. banks get green light to expand crypto services with fresh OCC guidance fueling regulatory clarity and innovation in digital assets. New OCC Guidance Expands Crypto Role for Banks The Office of the Comptroller of the Currency (OCC) announced on May 7 the release of Interpretive Letter 1184...

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