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BBVA unleashes mainstream crypto access in Spain, letting millions seamlessly buy, sell, and hold bitcoin and ether directly within its mobile banking ecosystem. BBVA Ignites Crypto Frenzy With Bitcoin and Ether Now Live for Millions in Spain Banking giant Banco Bilbao Vizcaya Argentaria (BBVA) revealed last week that it has launched a cryptocurrency trading and … Read more
A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector. Backed by high-profile investors such as Peter Thiel’s Founders Fund and Joe Lonsdale … Read more
Ripple is charging into the regulated banking arena, seeking a national license and Federal Reserve access to vault its stablecoin into elite, federally supervised territory. Ripple’s Dual Licensing Move Sets Compliance Benchmark for Stablecoins Ripple announced on July 2 that it filed for a national banking license with the U.S. Office of the Comptroller of … Read more
Circle’s move to create a federally regulated digital currency bank signals a massive leap toward integrating crypto infrastructure directly into the core of U.S. financial regulation. Circle Seeks OCC Approval to Establish Federally Regulated USDC Trust Bank A national charter pursuit from a leading stablecoin firm signals accelerating institutional integration of digital dollars into the … Read more
Mounting political scrutiny is targeting federal regulators amid explosive allegations that major banks were pressured to cut ties with lawful crypto businesses under shifting oversight rules. Federal Oversight Questioned Over Banks Dropping Lawful Crypto Businesses Political pressure is intensifying scrutiny on federal banking oversight as lawmakers investigate whether regulators have indirectly orchestrated efforts to freeze … Read more
Sygnum Bank has announced the expansion of its board of directors to support its global growth strategy, welcoming industry leaders Pia Tischhauser and Vinod Kumar. Tischhauser, a member of the Swiss Re Supervisory Board and former BCG Executive Committee member, brings over two decades of experience in financial services strategy and transformation. Kumar, Vice-Chairman of … Read more
The OCC calls for a major boost in financial literacy to navigate the explosive rise of digital assets, urging updated strategies to protect and inform new crypto investors. OCC Calls for Stronger Financial Literacy on Crypto The Office of the Comptroller of the Currency (OCC), the federal agency responsible for overseeing national banks and federal … Read more
America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures to debut crypto assets tethered to the U.S. dollar. WSJ: Stablecoin Bloc Forms Behind Closed Doors Should the Guiding and Establishing National Innovation for U.S. Stablecoins Act—aptly dubbed the GENIUS Act—clear the Senate and land … Read more
U.S. community banks face extinction-level risk as they ignore crypto rails and real-time payment tech, warns top digital asset advocate. Crypto Offers Lifeline as US Community Banks Continue to Shrink Cody Carbone, newly appointed chief executive officer of the Digital Chamber, voiced concern Wednesday on social media platform X about the accelerating decline of community … Read more
The U.S. banking system is officially primed for a digital evolution as the OCC confirms its readiness to support blockchain, stablecoins, and crypto-powered financial services. OCC Endorses Crypto Future for US Banks, Calling System ‘Well Positioned’ The Office of the Comptroller of the Currency (OCC), the federal agency that supervises national banks and federal savings … Read more
