Tag: Banking

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Labor Unions Join Banking Industry In Opposition To Senate Crypto Bill, The Clarity Act

Five of the nation’s largest labor organizations are urging the Senate to vote against a pending cryptocurrency market structure bill, warning that...

Clarity Act, in the flesh, unveiled by U.S. Senate Banking Committee before hearing

The legislation that could fully insert the U.S. crypto industry into the regulated financial system has emerged in its latest form, with the Senate...

Senate Schedules CLARITY Act Markup As Banking Lobby, Democrats Mount Resistance

The Senate Banking Committee has set May 14 as the date for its long-delayed markup of the Digital Asset Market Clarity Act,...

Banking groups escalate fight over stablecoin yield ahead of Senate vote

The American Bankers Association (ABA) is mounting an aggressive lobbying push against portions of the Senate’s Digital Asset Market Clarity Act ahead of a...

CLARITY Act: Banking Trade Groups Push For Yield Agreement Revision – Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US banking trade groups have called for an amendment to the stablecoin...

Kraken Parent Company Applies for OCC Charter in Move Toward Banking

Latest NewsPublishedMay 8, 2026The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos.Payward,...

Emerging-market users are treating crypto exchanges like banking apps, Binance says

Emerging markets accounted for 77% of Binance users in 2026, up from 49% in 2020, as users in those countries increasingly used the exchange...

Senate Banking Committee plans to hold Clarity Act hearing on Thursday

The Senate Banking Committee plans to hold its long-awaited markup hearing for the Digital Asset Market Clarity Act of 2025 (otherwise known as the...

Lloyds Banking Group Unveils ‘Envoy’ Platform to Scale AI Agents Safely

Lloyds Banking Group has launched Envoy, a new internal platform designed to provide a secure and governed environment for building and running AI agents...