The crypto industry is mounting a counteroffensive against Wall Street bankers’ bid to rewrite the U.S.’ new stablecoin law, arguing that attempts to roll back core provisions of the Guiding…
According to Bank of America market analysts, the dominance of Magnificent-7 stocks over the US market is coming to an end. “History would suggest there is more to go in…
The Bank for International Settlements (BIS) has proposed a provenance-based risk score system for crypto-to-fiat off-ramps.In its Wednesday BIS Bulletin, the institution outlined “an approach to anti-money laundering compliance for…
A group of crypto and fintech executives has urged US President Donald Trump to block banks from charging fees for access to their customer data, arguing it stifles consumer choice.The…
Vietnamese state-controlled bank Military Bank (MB) plans to launch a regulated crypto exchange in partnership with Dunamu, the parent company of South Korean crypto exchange Upbit.According to a Wednesday announcement…
In brief
Banking groups have demanded that Congress close "loopholes" in the new GENIUS Act that allow stablecoin interest payments through exchanges and third parties.
The banks warned of a $6.6 trillion…
Paxos Trust Company, the crypto infrastructure company behind PayPal’s PYUSD stablecoin, has filed to convert its New York limited-purpose trust charter into a US national trust bank charter, renewing an…
The Indian financial crimes police have raided multiple locations of Zara FX (now known as Zarvista Capital Markets), a forex and contracts for differences (CFDs) broker, and frozen its bank…
Sygnum, a Swiss digital asset bank, is expanding regulated institutional access to the Sui blockchain with new custody, trading and lending products for its professional clients.The Zurich- and Singapore-headquartered firm…
According to the X page of The National Bitcoin Office (ONBTC) of El Salvador, the country is planning to launch Bitcoin (BTC) banks. If successful, it would mark the first…