Banking Industry Says Clarity Act Stablecoin Proposal Would Enable 'Evasion'
In brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but...
Tag : banking
Kraken parent company applies for OCC charter in move toward banking
Latest NewsPublishedMay 8, 2026 The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos....
CLARITY Act: Banking Lobby Targets Stablecoin Bill in Crypto Policy War
Five of the most powerful banking trade groups in the United States are allegedly running a coordinated campaign to kill the CLARITY Act. This is...
Anchorage launches agentic banking as CEO tips ‘trillion-dollar’ opportunity
Crypto bank Anchorage is launching a new agentic banking service, seeking to give AI agents the ability to access and move money without human interference...
US Senator Tillis to push Senate Banking vote on stalled crypto bill
US Senator Thom Tillis says he will push the Senate Banking Committee to advance the stalled crypto market structure bill, as the text of the...
Luxembourg-licensed Banking Circle expands into fiat-to-stablecoin settlement
Banking Circle has rolled out institutional stablecoin settlement services after securing regulatory approval in Luxembourg. Summary Banking Circle has launched regulated stablecoin settlement services after...
South Korean Bank Partnered With Ripple for Cross-Border Payments: Is XRP About to Get Its Biggest Banking Endorsement Yet?
South Korea just handed Ripple XRP its biggest institutional endorsement in months. Whether the market has priced that in yet is the question traders need...
MiCA-licensed Banking Circle joins bank stablecoin settlement race in Europe
Banking Circle’s stablecoin settlement launch follows its CASP approval, entering a crowded market with SocGen, Sygnum and a 12-bank euro stablecoin consortium. Luxembourg-based Banking Circle...
Banking group asks for more time to comment on US stablecoin bill
The American Bankers Association (ABA) has asked US government agencies responsible for regulations related to a stablecoin bill for more time to comment, potentially delaying...
SoFi Just Added Ripple XRP for 13.7 Million Banking Customers: Is Mainstream Adoption Finally Catching Up to the Price?
Ripple (XRP) is trading at $1.45 up 1.00% in 24 hours, as a wave of institutional and banking adoption signals suggest the asset’s fundamentals are...