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Circle denies plans to become a bank, focuses on aligning with stablecoin regulations

Leave a Comment / Banking, circle, crypto, Featured, Payments, Regulation, Stablecoins, USDC / best time

Circle, the issuer behind the USDC stablecoin, has firmly denied rumors suggesting it plans to apply for a US banking license. The firm’s Chief Strategy Officer, Dante Disparte, clarified on social media that Circle has no plans to become a bank or any other type of insured depository institution. Disparte emphasized that the firm is […]

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Federal Reserve relaxes crypto partnership rules for banks

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The US Federal Reserve confirmed that it rescinded earlier directives concerning banks’ involvement with crypto and dollar tokens, according to an April 24 statement. One significant change involves the 2022 supervisory letter, which required banks to notify regulators before engaging in any crypto activities. Going forward, banks will no longer need to provide advance notification.

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Dutch lender ING looking to launch euro stablecoin under EU’s MiCA framework

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Dutch banking giant ING is working on a euro-backed stablecoin in collaboration with other traditional financial institutions and crypto service providers, CoinDesk reported on April 22, citing people familiar with the matter. According to the report, the stablecoin effort could take the form of a consortium, though progress has been slow as multiple participating firms

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Crypto giants Circle and Coinbase reportedly eye US banking licenses amid regulatory thaw

Leave a Comment / Adoption, Banking, BitGo, circle, Culture, Deutsche Bank, Legislation, Payments, Politics / best time

A growing number of leading crypto firms, including Circle, Coinbase, BitGo, and Paxos, are reportedly preparing to apply for banking licenses in the United States. According to sources cited by The Wall Street Journal, the firms are leveraging a wave of pro-crypto sentiment in Washington to advance their long-term plans. The report noted that each

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Bank of England sounds alarm on stablecoin oversight issues

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The Bank of England’s Financial Policy Committee (FPC) said in its April 2025 record that while stablecoins continue to grow in scale and relevance, poor oversight and inappropriate asset backing could pose new risks to UK financial stability, especially during times of stress. The committee reaffirmed that the BoE and the Financial Conduct Authority (FCA)

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Bank of Canada assesses flash loans relevance in latest study

Leave a Comment / Analysis, Banking, crypto, DeFi, Featured, TradFi / best time

The Bank of Canada published a staff discussion paper on March 21, analyzing flash loans and their relevance for policymakers, as well as potential risks. The study introduced flash loans as blockchain-native financial tools that enable users to borrow crypto without posting collateral, provided the loan is repaid within a single atomic transaction. What is

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BNY’s Bold Move With BlackRock In Tow

Leave a Comment / Banking, Bitcoin, Blackrock, Blockchain, BNY, BNY Mellon, companies, crypto, wall street / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bank of New York Mellon Corp. unveiled a new blockchain-based tool Friday that posts up-to-date net asset value (NAV) data for tokenized funds directly on a blockchain. According to company officials, BlackRock will be the first client to implement this technology with

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Brazil’s largest lender becomes latest TradFi institution to consider launching its own stablecoin

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Brazil’s largest bank, Itaú Unibanco, is considering launching its own stablecoin, making it the latest major traditional financial institution to announce similar plans. The bank’s decision will depend on how Brazil’s regulatory framework evolves and how similar initiatives by major international institutions perform, local media reported. Global trend The move comes amid a wave of

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FDIC says banks can engage in crypto activities without prior approval

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The Federal Deposit Insurance Corporation (FDIC) issued new guidance on March 28 clarifying that FDIC-supervised banks may engage in crypto-related activities without first obtaining the agency’s approval, provided they manage the associated risks by safety and soundness standards. The announcement, published as Financial Institution Letter (FIL-7-2025), rescinds FIL-16-2022 and marks a significant policy shift for

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EOS Price Jumps as Network Rebrands to Vaulta and Pivots to Banking

Leave a Comment / Altcoin News, Banking, eos, Web3 / best time

Blockchain network EOS has announced its rebrand to ‘Vaulta’ with a shift to Web3 banking and banking advisory group, leading to a price increase for the EOS token. Its Tuesday announcement states that Vaulta will act as a scalable and robust operating system that powers real-world financial applications. Furthermore, it claims that the rebrand follows

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