Search
US banks can handle customer crypto assets held in custody, regulator confirms
8.5.2025
The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to third parties. Acting comptroller Rodney Hood said in a May 7 letter that banks and federal savings associations...
OCC: Banks Can Buy and Sell Their Customers' Crypto Assets Held in Custody
7.5.2025
A new policy directive from the U.S. regulator of national banks says the institutions can also outsource crypto custody and execution to outside parties
‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings
3.5.2025
Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future
Eric Trump Warns Banks Could Be ‘Extinct’ in 10 Years Without Crypto Pivot
30.4.2025
Eric Trump said traditional banks could “be extinct in ten years” unless they embrace cryptocurrency and blockchain, telling CNBC that today’s financial plumbing is too slow, costly, and exclusionary. Eric Trump: SWIFT Is ‘a Disaster,’ Blockchain Does It Better Eric Trump, executive vice president...
Banks Must Adopt Crypto or 'Be Extinct in 10 Years,' Eric Trump Says
30.4.2025
The son of U.S. President Donald Trump said the current financial system is broken and blockchain technology is the fix
Banks must adopt crypto or be extinct in 10 years, Eric Trump says
30.4.2025
Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding cryptocurrency adoption.Banks around the world will have to adopt cryptocurrency or go extinct in a decade, Trump predicted in an interview with...
Xi Jinping Backs BRICS Bank’s Growth as Key Driver for Global South Economies
30.4.2025
Chinese President Xi Jinping underscored BRICS’ New Development Bank (NDB) as a crucial emerging force in the global financial system during discussions with NDB President Dilma Rousseff. He emphasized that the NDB, spearheaded by BRICS nations, embodies the growing leadership of developing...
Caitlin Long slams US Fed over stablecoin policy favoring big banks
28.4.2025
Caitlin Long, founder and CEO of Custodia Bank, has criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big-bank-issued stablecoins, despite relaxing crypto partnership rules for banks.In an April 27 thread on X, Long explained that while the Fed recently...
Caitlin Long slams US Fed over stablecoin policy favoring big banks
28.4.2025
Caitlin Long, founder and CEO of Custodia Bank, has criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big-bank-issued stablecoins, despite relaxing crypto partnership rules for banks.In an April 27 thread on X, Long explained that while the Fed recently...
US banks are ‘free to begin supporting Bitcoin’ — Michael Saylor
25.4.2025
Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging banks from engaging with cryptocurrency.On April 24, the Fed withdrew its 2022 supervisory letter that served as guidance to deter banks from engaging...
Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks
25.4.2025
Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from the regulator for crypto activity
Federal Reserve withdraws crypto guidance for banks
24.4.2025
The US Federal Reserve has announced it would withdraw guidance for banks engaging in crypto asset and stablecoin-related activities.”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide advance notification of planned or current...
Federal Reserve withdraws crypto-unfriendly banking guidance
24.4.2025
The US Federal Reserve announced it is withdrawing guidance that served to deter banks from engaging in crypto and stablecoin activities.”The Board is rescinding its 2022 supervisory letter establishing an expectation that state member banks provide advance notification of planned or current...
Dutch Bank ING Said to Be Working on a New Stablecoin With Other TradFi and Crypto Firms
22.4.2025
ING’s stablecoin project could take the form of a consortium effort including some other banks and crypto service providers, two people familiar with the plans said
China Asks Banks to Curb Dollar Purchases as Yuan Hits Multi-Year Low
10.4.2025
China seeks to maintain the stability of the yuan in the face of the current tariff war, informally asking state banks to stop their dollar purchases. According to Reuters, these institutions would also ramp up controls on customers’ dollar purchases to stop speculation. China Reportedly...
Wall Street Bleeds, US Banks Cleared for Crypto, and More — Week in Review
6.4.2025
Wall Street bleeds, US Banks cleared for crypto, SEC commissioner calls for 7 crypto reforms, and more in this Week in Review. Week in Review Wall Street shed $2.85 trillion in value amid growing recession fears, following Trump’s new tariffs. Meanwhile, over 5,000 U.S. banks are now cleared...
5,000 US Banks Cleared for Crypto—Regulators Unlock Digital Assets
30.3.2025
Over 5,000 U.S. banks can now enter crypto markets as regulators lift approval requirements, signaling a major shift toward digital asset integration and streamlined oversight. US Regulators Unlock Crypto for Over 5,000 Banks The Federal Deposit Insurance Corporation (FDIC) issued a pivotal policy...
US regulators FDIC and CFTC ease crypto restrictions for banks, derivatives
28.3.2025
The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in crypto-related activities without prior approval. The announcement comes as the Commodity Futures Trading Commission (CFTC) announced that digital...
US regulators FDIC and CFTC ease crypto restrictions for banks, derivatives
28.3.2025
The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in crypto-related activities without prior approval. The announcement comes as the Commodity Futures Trading Commission (CFTC) announced that digital...
US regulators FDIC and CFTC ease crypto restrictions for banks, derivatives
28.3.2025
The Federal Deposit Insurance Corporation (FDIC) said in a March 28 letter that institutions under its oversight, including banks, can now engage in crypto-related activities without prior approval. The announcement comes as the Commodity Futures Trading Commission (CFTC) announced that digital...