Bank

Federal Reserve Dismantles Crypto Barriers—Scraps Biden-Era Restrictions

Federal Reserve Dismantles Crypto Barriers—Scraps Biden-Era Restrictions

The Federal Reserve removed outdated crypto banking restrictions, paving the way for innovation, broader access, and mainstream digital asset adoption. Crypto Banking Unleashed: Fed Joins Regulators in Crushing Old Guard Restrictions The Federal Reserve Board announced Thursday that it has withdrawn previous supervisory guidance related to banks’ crypto-asset and dollar token activities, a move intended […]

Federal Reserve Dismantles Crypto Barriers—Scraps Biden-Era Restrictions Read More »

ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments

ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments

Bitcoin Magazine ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments In a landmark development for Islamic finance and digital banking, ruya (رويا), the UAE’s digital-first Islamic bank, has become the first Islamic bank globally to offer customers direct access to virtual asset investments, including Bitcoin, through its mobile app, according to

ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments Read More »

Over 15 Crypto Firms Seek Bank Licenses Amid Regulatory Softening

Over 15 Crypto Firms Seek Bank Licenses Amid Regulatory Softening

More than 15 crypto firms are storming the gates for banking licenses as U.S. regulators ease restrictions, opening direct access to federal payment systems and legitimacy. Banking Regulators Ease Rules, Trigger Rush From 15+ Crypto Firms More than a dozen crypto firms are reportedly applying for banking licenses with the Office of the Comptroller of

Over 15 Crypto Firms Seek Bank Licenses Amid Regulatory Softening Read More »

Deutsche Bank and Standard Chartered Eye U.S. Crypto Expansion — WSJ

Deutsche Bank and Standard Chartered Eye U.S. Crypto Expansion — WSJ

After years of regulatory friction, Deutsche Bank and Standard Chartered are now exploring options to expand their crypto operations in the United States. According to a new report by the Wall Street Journal, the timing of this move coincides with the significant policy shift under President Donald Trump’s renewed administration. President Trump’s pledge to make

Deutsche Bank and Standard Chartered Eye U.S. Crypto Expansion — WSJ Read More »

Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025

Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025

Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the previous quarter. The surge in trading activity is attributed to strong Euro and USDC deposits, as bitcoin prices experienced a dip below $100,000 during February.

Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025 Read More »

FDIC Clears Crypto Runway With New Blockchain Policy Shift

FDIC Clears Crypto Runway With New Blockchain Policy Shift

The FDIC has thrown open the gates to crypto innovation, scrapping key barriers and embracing blockchain with a push for regulatory clarity. FDIC Shifts Crypto Rules, Sets the Stage for Digital Asset Banking Boom Acting Chairman Travis Hill used his address at the American Bankers Association’s Washington Summit on April 8 to lay out the

FDIC Clears Crypto Runway With New Blockchain Policy Shift Read More »

Wall Street Bleeds, US Banks Cleared for Crypto, and More — Week in Review

Wall Street Bleeds, US Banks Cleared for Crypto, and More — Week in Review

Wall Street bleeds, US Banks cleared for crypto, SEC commissioner calls for 7 crypto reforms, and more in this Week in Review. Week in Review Wall Street shed $2.85 trillion in value amid growing recession fears, following Trump’s new tariffs. Meanwhile, over 5,000 U.S. banks are now cleared to offer crypto services. In Washington, an

Wall Street Bleeds, US Banks Cleared for Crypto, and More — Week in Review Read More »

5,000 US Banks Cleared for Crypto—Regulators Unlock Digital Assets

5,000 US Banks Cleared for Crypto—Regulators Unlock Digital Assets

Over 5,000 U.S. banks can now enter crypto markets as regulators lift approval requirements, signaling a major shift toward digital asset integration and streamlined oversight. US Regulators Unlock Crypto for Over 5,000 Banks The Federal Deposit Insurance Corporation (FDIC) issued a pivotal policy update Friday in Washington, allowing financial institutions under its jurisdiction to engage

5,000 US Banks Cleared for Crypto—Regulators Unlock Digital Assets Read More »

FBI Reclaims M Lost in Crypto Scam That Crushed Kansas Bank

FBI Reclaims $8M Lost in Crypto Scam That Crushed Kansas Bank

Millions were recovered after a Kansas bank collapse tied to a crypto scam wiped out small-town investors’ savings, leading to the state’s longest white-collar sentence. FBI Seizes Millions in Crypto Fraud Recovery After Kansas Bank Collapse The Federal Bureau of Investigation (FBI) shared details on March 26 of how it successfully reclaimed more than $8

FBI Reclaims $8M Lost in Crypto Scam That Crushed Kansas Bank Read More »

Trump Orders Massive Digital Shift for America’s Bank Account

Trump Orders Massive Digital Shift for America’s Bank Account

​President Donald Trump has signed an executive order mandating a federal shift to digital payments by September, aiming to reduce $657 million in waste and minimize fraud risks. Trump Signs Sweeping Order to Digitize All Federal Payments by September U.S. President Donald Trump signed an executive order on March 25 at the White House mandating

Trump Orders Massive Digital Shift for America’s Bank Account Read More »