Banking Regulator Races to Finalize GENIUS Act Stablecoin Rules
In brief OCC head Jonathan Gould said Wednesday the agency will finalize its GENIUS Act stablecoin rules by November, racing to meet a Jan. 18...
Tag : banking
JPMorgan cut Polymarket banking ties over regulatory concerns: Report
JPMorgan Chase reportedly cut banking ties with Polymarket in October 2025 over regulatory concerns but remains open to an underwriting role if the platform goes...
Crypto Group Warns Fed Could Use Banking Access to Squeeze Digital Asset Firms
In brief The Blockchain Association filed an amicus brief supporting Custodia Bank’s petition for Supreme Court review. Custodia is challenging a ruling that upheld the...
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
At first glance, this week’s biggest business stories could have come straight from Wall Street. BlackRock launched tokenized money market funds for stablecoin reserves. Tether...
Cross River to enable P2P payments, banking services for X Money
The banking-as-a-service provider will power X Money’s peer-to-peer payments, FDIC-insured accounts and Visa debit cards as the platform expands its financial services. Cross River said...
UK parliamentary group probes banking barriers for crypto firms
[Update: July 21, 2026, 10:30 AM UTC: Added comments from Yuriy Brisov, a partner at London-based consultancy firm Digital & Analogue Partners.] A United Kingdom...
UK Lawmakers Launch Inquiry Into Crypto Banking Access
In brief A cross-party group of UK MPs and peers has launched a parliamentary inquiry into the banking difficulties faced by crypto and digital asset...
ABA, state banking groups push back on CLARITY Act stablecoin 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 Clarity Act...
Circle Stock Jumps as Stablecoin Issuer Wins Final Federal Banking Charter Approval
In brief Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework. The milestone...
Alfa-Bank is testing crypto as Russia’s banking race heats up
Russia’s largest private bank,Alfa-Bank, plans to offer crypto-related services after Russia’s new digital currency rules take effect. The bank wants to become a regulated digital...