Banks push back on GENIUS Act rules as Agora races for a federal charter
Major US banking trade groups have asked the Treasury Department and the FDIC to pause three GENIUS Act rulemaking comment periods until the OCC finalises...
Tag : Banks
US Banks Are Calling Senators Directly to Kill the CLARITY Act’s Stablecoin Yield Rule
US banking groups have escalated their campaign against the CLARITY Act by calling Senate offices directly, with the North Carolina Bankers Association confirmed on April...
US Banks Are Fighting the New Stablecoin Rules. The White House Is Not Having It
Major US banks are lobbying to slow down new stablecoin legislation, but the White House has intervened directly, telling the banking industry to stand down....
European investors may switch banks for better crypto access, survey finds
Cryptocurrency offerings are starting to influence how European investors are choosing their bank providers, but regulatory uncertainty continues to hinder mainstream adoption, according to a...
European banks pick Fireblocks for regulated euro stablecoin project
A group of 12 European banks led by Qivalis has chosen Fireblocks to provide infrastructure for a MiCA-compliant euro stablecoin. Summary Qivalis and 12 European...
European banks tap Fireblocks for MiCA-compliant euro stablecoin
A consortium of 12 European banks led by Qivalis has selected Fireblocks to provide infrastructure for a Markets in Crypto Assets Regulation (MiCA)-compliant euro stablecoin,...
BIS warns dollar stablecoins could strain banks and policy
The Bank for International Settlements (BIS) general manager, Pablo Hernández de Cos, called for tighter global coordination on stablecoins Monday, warning that US dollar-denominated tokens...
Banks want to run Vietnam’s crypto exchanges, Boyaa’s $70M BTC plan: Asia Express
Everything that happened in crypto news in Asia over the past seven days: Asia Express. In this edition: Boyaa Interactive lines up $70 million crypto...
Stablecoins not a threat to banks in the near-term: Moody's analyst
The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and...
Will banks run on Ethereum? Debate heats up online
Ethereum has become the center of discussion after a statement suggested that banks could rely on its network in the future. Summary Raoul Pal claims...