Xapo Bank Receives Regulatory Approval for New Bitcoin Yield Product

Xapo Bank has announced that it has received full regulatory approval from the Gibraltar Financial Services Commission for its new bitcoin yield product, developed in partnership with Hilbert Capital. This development allows Xapo Bank members to access the Xapo Byzantine Bitcoin Credit Fund, which is managed by Hilbert Capital, providing a regulated pathway to generate … Read more

Fed Kills Crypto Crackdown Program With Quiet Bomb Drop on Banking Oversight

The Federal Reserve just dismantled its targeted crypto oversight, clearing the runway for banks to re-enter digital assets under streamlined rules and unleashing fintech innovation nationwide. Federal Reserve Just Pulled the Plug on Crypto Crackdown Machine The U.S. Federal Reserve Board announced on Aug. 15, 2025, that it will end its Novel Activities Supervision Program … Read more

80 CEOs Urge Trump to Block Bank Fees That Could Cripple US Crypto Access

A fierce showdown is brewing as over 80 crypto and fintech leaders demand immediate action to block major banks from throttling consumer data access and crippling digital finance. Trump Pressed by 80 Executives as Banks Move to Block Crypto Account Links Executives from the cryptocurrency and fintech sectors called on President Donald Trump on Aug. … Read more

BPI Argues That GENIUS Act Stablecoin Yield Loopholes Jeopardize the Banking Sector

The BPI explains that as crypto companies circumvent the GENIUS Act guardrails, the difference in yield between ordinary banking products and stablecoins could lead to deposits migrating to the latter, putting the credit creation system at risk of failure and potentially spreading throughout the U.S. economy. Bank Policy Institute Calls for Plugging Genius Act Stablecoin … Read more

Report: Paxos Seeks US Trust Bank License From OCC

Paxos Trust Company, the cryptocurrency firm behind Paypal’s stablecoin PYUSD, is seeking a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), Reuters reported. If approved, Paxos would convert its current New York limited purpose trust charter into a federal one, enabling it to hold assets and settle payments … Read more

Swiss Crypto Bank Sygnum Expands Support for SUI

Sygnum Bank that it will support the SUI cryptocurrency, enhancing access for professional and institutional clients to the Sui ecosystem. As the banking partner for the Sui Foundation, Sygnum has fully integrated SUI into its regulated banking platform, offering services such as custody, trading, and staking. The launch of SUI staking in August will provide … Read more

New Investment Bank Law in El Salvador Opens Doors to Bitcoin Products

The new Investment Bank Law will allow so-called “sophisticated investors” to take advantage of innovative opportunities, which may include bitcoin or crypto-based products issued to seek funding, thereby opening the doors to a more dynamic crypto ecosystem in El Salvador. Investment Bank Law Puts Bitcoin Front and Center in El Salvador The newly approved Investment … Read more

Ripple’s National Trust Bank Bid Faces Fierce Pushback From Banking Community

Ripple’s move to launch a national trust bank is drawing fire for threatening to erode regulatory safeguards, destabilize the banking system, and blur core institutional boundaries. Ripple’s Bank Ambitions Collide With Legacy Finance The Independent Community Bankers of America (ICBA), which represents around 5,000 community banks across the country, has formally objected to Ripple Labs’ … Read more

Report: Trump’s Draft Executive Order Would Fine Banks Over Bias Against Crypto Firms, Conservatives

The Wall Street Journal reports that President Donald Trump has allegedly prepared a draft executive order warning banking regulators and financial institutions that they could face disciplinary action if they discriminate against conservatives or crypto companies. An Alleged Executive Order Puts Banks on Notice Over Political, Crypto Bias A Wall Street Journal (WSJ) exclusive report … Read more

Ripple, Circle, Fidelity Among 6 Crypto Giants Racing for US Bank Charter

A wave of institutional crypto adoption is accelerating as six digital asset banks await federal charters, poised to unlock nationwide operations under dramatically loosened OCC oversight. Federal Greenlight Incoming? 6 Crypto Banks Await OCC Approval Six firms seeking to offer digital asset services have submitted applications for a national bank charter to the Office of … Read more