Tag: Banking

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Crypto Advocacy CEO Defends OCC Against Banking Group Lawsuit

The Crypto Council for Innovation (CCI) has backed the Office of the Comptroller of the Currency’s (OCC’s) move to approve several charters for crypto...

EU Banking Watchdog Calls for Crypto Lending Rules Under MiCA

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full...

U.S. banking agency gives blockchain bank OpenReserve initial OK to operate

The Office of the Comptroller of the Currency granted a provisional charter to the new full-service bank, adding it to the growing mix of...

SoFi, Kraken tie up as crypto and banking push into each other's turf

Kraken is joining SoFi's settlement network and list SoFiUSD as the companies link traditional banking with crypto markets.

U.S. state banking associations plan to launch their own nationwide blockchain network

The "BankChain Alliance" is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system's regulatory sphere.

Brazil’s tokenization push draws in banking heavyweight Itaú

Brazil’s biggest bank is taking another step into tokenized assets, adding to a growing list of the country’s financial heavyweights experimenting with putting traditional...

Goldman Sachs CEO backs Clarity Act despite banking industry’s concerns over stablecoin rules

Solomon's endorsement contrasts with growing opposition from other major banking executives, including JPMorgan Chase CEO Jamie Dimon, who have argued that the legislation could...

Swiss Bank BancaStato Brings Bitcoin and Ether Trading Into Its Banking App

Swiss Bank BancaStato has started offering regulated cryptocurrency trading to clients through a partnership with Sygnum and banking software provider Avaloq. This brings another...

UK Parliament begins inquiry into banking chokepoint for crypto businesses

U.K. politicians want to know the extent to which the country’s banks have choked-off cryptocurrency firms by refusing them bank accounts and introducing restrictions...

UK Inquiry Probes Banking Barriers Facing Crypto Firms

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full...

ABA, Banking Associations Push Back Against CLARITY Act Yield Provisions

A wide swath of the US banking industry is urging Senate leaders to amend the stablecoin yield provisions of the Digital Asset Market...

Circle takes banking step with U.S. trust bank approval

Circle (CRCL), the issuer of the world's second largest stablecoin USDC, received approval from the U.S. Office of the Comptroller of the Currency (OCC)...