Finance News – Global Crypto
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Fed joins regulators dropping reputational risk factor, clearing banks to serve crypto firms
By eliminating the reputational risk consideration in bank oversight, the Federal Reserve enables financial institutions to expand services to cryptocurrency companies, potentially...
Read Full Article →Federal Reserve removes ‘reputational risk’ from bank examinations in a ‘win’ against crypto debanki...
The Federal Reserve, along with other regulators, has discontinued reputational risk assessments for banks, potentially reducing regulatory burdens and influencing financial instit...
Read Full Article →Fiserv unveils stablecoin for banks
Fiserv’s introduction of a stablecoin for banks represents a strategic move to integrate blockchain technology into traditional finance, potentially enhancing transaction efficienc...
Read Full Article →XBTO, Arab Bank Switzerland launch BTC yield product for institutional clients
The collaboration between XBTO and Arab Bank Switzerland highlights growing interest among financial institutions to offer cryptocurrency-based investment opportunities within thei...
Read Full Article →UK to Propose Restrictions on How Banks Can Deal With Crypto Next Year
The upcoming regulations planned by the U.K. aim to impose stricter oversight on banking interactions with digital currencies, potentially impacting financial institutions’ strateg...
Read Full Article →OCC Green-Lights Crypto Activities for Banks
The regulatory approval allows financial institutions to integrate digital asset services, potentially expanding their offerings and revenue streams while emphasizing the need for...
Read Full Article →Walmart, Amazon Mull Dollar-Pegged Stablecoins in the U.S.: WSJ
Walmart and Amazon are considering launching digital currencies tied to the dollar as a strategy to reduce transaction costs associated with traditional payment methods and financi...
Read Full Article →Matera and Circle bid to take stablecoin payments mainstream
The partnership between Matera and Circle aims to enhance the adoption of stablecoins by incorporating them into traditional banking infrastructure, potentially streamlining digita...
Read Full Article →Crypto exec ran a ‘covert pipeline for dirty money,’ DOJ says
The founder of Evita Pay is alleged to have facilitated the transfer of illicit funds from sanctioned Russian financial institutions into the United States, impacting economic and...
Read Full Article →Keeta, Solo partner on blockchain-native credit bureau
By collaborating with Solo, Keeta Network enhances financial data verification capabilities on its blockchain, facilitating more efficient and secure decision-making across banking...
Read Full Article →Banks ‘very interested’ in stablecoin use — Stripe exec
Financial institutions are increasingly exploring the use of stablecoins as a payment option, though widespread implementation depends on receiving further regulatory approvals to...
Read Full Article →Stripe co-founder says banks are ‘very interested’ in stablecoin integrations: report
Financial institutions are increasingly exploring the adoption of stablecoins due to evolving regulations and intensified advocacy, highlighting their growing role in enhancing tra...
Read Full Article →Santander considers issuing stablecoin, retail crypto services
Santander's exploration of digital currency issuance and consumer cryptocurrency offerings reflects a broader trend among financial institutions aiming to enhance transactional eff...
Read Full Article →Spanish bank Cecabank partners with crypto exchange to offer trading, custody services to banks
The collaboration between Cecabank and Bit2Me aims to introduce a regulated digital asset platform, potentially enhancing banking institutions' access to cryptocurrency trading and...
Read Full Article →Public Keys: Coinbase Hack Fallout, MSTR Legal Strife and Stable-Curious Wall Street
Recent developments include a major cryptocurrency exchange disclosing a security incident, a financial software company facing legal challenges, and several banking institutions e...
Read Full Article →Why Tether refuses to comply with MiCA
Tether’s refusal to adhere to EU’s stringent stablecoin regulations risks reduced market access and liquidity in Europe, potentially impacting trading volumes while enabling the co...
Read Full Article →America's Biggest Banks Consider Teaming Up to Challenge $245B Stablecoin Market: WSJ
Several leading U.S. financial institutions are exploring a collaborative digital currency project that could alter the current market landscape valued at hundreds of billions of d...
Read Full Article →Major US banks in early talks for joint stablecoin venture: WSJ
Several large American financial institutions are exploring a collaborative project involving digital currency, with progress contingent on the finalization of regulatory policies...
Read Full Article →Global Dollar's USDG Eyes Hundreds of Partners Attracted by Yield, Sees 'Big Names' From TradFi
The expanding Global Dollar network is drawing interest from numerous financial institutions due to its attractive returns, signaling increased collaboration between traditional fi...
Read Full Article →Ripple partners with major UAE banks to integrate XRP into payment infrastructure
By collaborating with prominent UAE financial institutions, Ripple aims to enhance regional payment systems and potentially increase the adoption and transaction volume of its digi...
Read Full Article →From debanking to a banking arms race—The rise of stablecoins
The growing adoption of stablecoins in financial institutions is transforming payment processes and operational efficiency, potentially reshaping competitive dynamics and revenue o...
Read Full Article →90% of institutions ‘taking action’ on stablecoins: Fireblocks survey
The widespread institutional engagement with stablecoins highlights their growing role in enhancing payment efficiency, expanding market reach, and driving revenue growth amid evol...
Read Full Article →FalconX Taps Standard Chartered in Institutional Crypto Investor Tie-Up
FalconX’s partnership with Standard Chartered is intended to leverage increasing worldwide demand for digital currencies by enhancing access and services for large-scale investors...
Read Full Article →Banks lagging behind crypto integration risk competition from tech-focused financial institutions
Financial organizations that delay adopting cryptocurrency technologies may face increased challenges from technology-driven firms offering innovative services and attracting a bro...
Read Full Article →OCC Says Banks Can Handle Crypto for Customers—And Outsource It Too
The recent clarification allows national banks to provide and delegate cryptocurrency-related services, potentially expanding their financial offerings and impacting the industry's...
Read Full Article →US banks can buy and sell customers’ crypto assets on their behalf, OCC says
The recent regulatory change enables American banks to manage cryptocurrency transactions for clients independently, potentially increasing their involvement and influence in the d...
Read Full Article →OCC reaffirms banks’ authority to offer crypto services without prior approval
The OCC’s recent guidance enables federally chartered banks to engage in cryptocurrency-related activities, potentially increasing financial innovation and service offerings within...
Read Full Article →Pro-crypto Democrats pull support for stablecoin bill in last minute
The withdrawal of support by key Senate Democrats introduces uncertainty that could delay establishing a comprehensive regulatory framework for stablecoins, potentially impacting m...
Read Full Article →Senate Majority Leader Expedites Vote on Landmark Stablecoin Bill
The expedited Senate vote on the stablecoin framework highlights the growing legislative focus on cryptocurrency regulation, reflecting a potential shift in the financial landscape...
Read Full Article →Eric Trump Says 'Woke Cancel Culture' Led Him to Bitcoin, Crypto
Eric Trump attributed his family's financial challenges with traditional banks as a key factor in his decision to invest in cryptocurrency, highlighting broader concerns about mone...
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