In brief Warren pressed OCC Comptroller Jonathan Gould to share the unredacted charter application for World Liberty Financial, citing foreign ownership and national security risks. Gould…
Browsing: Bank
In brief The Fed has launched a 60-day comment period to permanently remove “reputational risk” from bank supervision. Lawmakers and crypto advocates say the move curbs…
Standard Chartered warns stablecoins could pull up to $500B from bank deposits in developed markets by 2028. U.S. banks are increasingly at risk of losing deposits…
UNDER EMBARGO UNTIL 29TH JANUARY, 10 AM GSTThe Central Bank of the United Arab Emirates (CBUAE) has approved the country’s first USD-backed stablecoin under the bank’s…
US Senator Elizabeth Warren has called on the Office of the Comptroller of the Currency (OCC) to delay its review of a national trust bank charter…
The company recently announced that the Aave App now allows users to earn DeFi-powered interest and withdraw funds directly to a bank account. This innovation bridges…
In brief A federal appeals court affirmed the Fed’s ability to deny crypto bank Custodia a master account. Custodia had argued the Fed had no choice…
In brief The European Central Bank is looking to pilot its digital euro in mid-2027 ahead of a Europe-wide roll out in 2029. It comes after…
The bank is working with Coinbase to streamline digital asset payments for institutional clients.
The Bank of England’s stablecoin limits received fresh criticism.Restricting stablecoin use sends ‘terrible signal’ to businesses, says member of the Lords.The central bank’s deputy governor defended…