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Report: Erebor Secures $350M as Investors Bet on Regulated Crypto Banking

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Digital bank Erebor Bank has quietly raised $350 million at a multibillion-dollar valuation, signaling renewed investor appetite for regulated institutions willing to bank crypto, artificial intelligence (AI), and defense-sector firms, according to reporting from Axios citing “multiple sources.” Erebor Raises $350M as It Prepares to Launch Digital-First Bank Erebor’s latest financing reportedly values the digital-first … Read more

SoFi Enters Stablecoin Race With Bank-Issued US Dollar-Backed Token

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SoFi has launched SoFiUSD, a fully reserved U.S. dollar stablecoin issued by its nationally chartered bank, pushing a regulated lender directly into the fast-evolving world of onchain settlement. SoFi Brings Stablecoins Inside the Banking Perimeter SoFiUSD is designed to support 24/7, near-instant settlement for banks, fintechs, and enterprise partners using a public, permissionless blockchain, according … Read more

Fed Rolls Back 2023 Crypto Rules, Shifting How Banks Assess Digital Asset Exposure

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Federal Reserve scraps crypto-specific bank rules, replacing them with a principles-based framework that eases regulatory friction, expands flexibility for state member banks, and reopens pathways for crypto custody, payments, and tokenization. Federal Reserve Ditches 2023 Crypto Rulebook, Reworking Bank Risk Assessment The Federal Reserve announced on Dec. 17 that the Board of Governors rescinded its … Read more

Paypal Seeks Approval to Launch Paypal Bank as Lending, Deposits, and Capital Control Tighten

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Paypal is moving to become a deeper player in U.S. financial services by seeking to establish its own bank, a step designed to expand small-business lending, reduce reliance on partners, and unlock new growth avenues. Paypal Bank Plan Signals Major Expansion Beyond Payments Payments giant Paypal took steps to broaden its role in U.S. financial … Read more

FDIC Moves GENIUS Act From Law to Practice With Stablecoin Rules

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The Federal Deposit Insurance Corporation has issued its first official proposal outlining how banks can obtain approval to issue payment stablecoins, marking the GENIUS Act’s regulatory framework moving from statute to execution. FDIC Opens Door for Bank Stablecoins With New Approval Framework The FDIC’s notice of proposed rulemaking, approved by the agency’s board on December … Read more

Circle, Ripple, Bitgo, Fidelity, and Paxos Conditionally Approved for National Trust Banks

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Federal regulators moved crypto deeper into U.S. banking as the OCC conditionally approved five digital-asset trust banks, signaling growing confidence in federally supervised crypto custody, payments and blockchain-based financial services. Federal Banking Access Expands as 5 Crypto-Linked Trust Banks Receive OCC Conditional Approval A major regulatory breakthrough is accelerating the integration of digital assets into … Read more

Ripple National Trust Bank Receives Conditional Approval in Massive Step for RLUSD

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Ripple secured conditional OCC approval to launch a national trust bank, positioning its RLUSD stablecoin under federal and state oversight as U.S. institutions accelerate adoption of regulated, enterprise-grade digital dollars. Ripple Secures Huge Institutional Signal as Ripple National Trust Bank Positions RLUSD for Federal Scale A bullish shift in U.S. crypto regulation is taking shape … Read more

Debanking Practices Exposed: Major US Banks Cited for Bias Concerns

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Federal regulators revealed early evidence that major U.S. banks used internal policies to restrict lawful customers, exposing widespread debanking practices that may have shaped access to capital and economic activity nationwide. OCC Releases Preliminary Review on Bank Debanking Practices A federal review prompted new disclosures as the Office of the Comptroller of the Currency (OCC) … Read more

OCC Clarifies Bank Authority for Regulated Crypto Trade Execution

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U.S. banks won fresh clarity as the OCC confirmed they can execute riskless principal crypto transactions, opening regulated pathways for customer trades while reinforcing safety and compliance expectations across the growing digital-asset market. OCC Clarifies Bank Role In Riskless Principal Crypto Trades The Office of the Comptroller of the Currency (OCC) announced on Dec. 9 … Read more

Syz Bank Deepens Strategic Collaboration With Taurus to Expand Crypto Services

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Swiss private bank Syz joins Taurus to enhance digital asset services and institutional connectivity. Syz Bank and Taurus, a global digital asset infrastructure provider, announced an expanded strategic collaboration in Geneva, Switzerland on December 9, 2025. The partnership deepens their existing relationship, focusing on custody, tokenization, and blockchain connectivity to deliver advanced digital asset services … Read more