Thirty-nine U.S. state banking associations are joining forces to build a blockchain network for banks, marking a major step by traditional finance into stablecoins, tokenized deposits and blockchain-based payments. The newly formed BankChain Alliance …
Tag:
Banking
- NFT & Metaverse
US Treasury Hits Over 50 Firms and Vessels in Iran Shadow Banking Crackdown
by adminby adminThe US Treasury sanctioned more than 50 companies, vessels, and individuals tied to Iran’s shadow banking and oil networks this week, escalating the Trump administration’s Economic Fury campaign against Tehran’s financial workarounds. The Office …
- Crypto Education
Banking Industry Says Clarity Act Stablecoin Proposal Would Enable ‘Evasion’
by adminby adminIn brief Top banking groups say the new Clarity Act language leaves loopholes regarding stablecoin yield. The compromise would ban direct yield on stablecoins but still allow some rewards tied to account balances. The …
Morgan Stanley, the $9 trillion banking giant, is aggressively advancing its crypto infrastructure capabilities in DeFi and real-world assets tokenization. The move aligns with a broader wave of traditional financial institutions seeking skilled staff …
- Bitcoin & Ethereum
Crypto bill likely delayed for weeks by Banking Committee after Coinbase pulled its support
by adminby adminThe momentum for new crypto rules in Washington has slowed to a crawl and and it is not expected to resume for at least several weeks.
Sony Bank files for a national trust charter to issue stablecoins, as Anchorage Digital expands its banking services. The U.S. crypto banking sector is heating up as Japan-based Sony Bank, a subsidiary of the …
Key takeaways: Bitcoin price stabilized after US regional banks posted stronger-than-expected earnings, easing credit fears. One analyst predicted Bitcoin’s bull run could end in 10 days. Bitcoin (BTC) fell more than 5% to trade …
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Altcoin Highlights
Revolut Seeks Full Peru Banking License to Deepen Latin America Push
by admin
by admin
Key Notes The British neobank filed its application with Peru’s SBS to provide deposits, loans and foreign exchange products. Regulatory review of capital requirements and governance protocols could extend for several months before authorization. …
