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US banks warn of .6 trillion shift to stablecoins amid GENIUS Act debate

US banks warn of $6.6 trillion shift to stablecoins amid GENIUS Act debate

Leave a Comment / Banking, Banks, Coinbase, GENIUS Act, People, Stablecoins / best time

A coalition of US banking groups, led by the Bank Policy Institute (BPI), has urged lawmakers to address a major oversight in the recently passed GENIUS Act stablecoin bill. In an Aug. 12 statement, the BPI conceded that the bill blocks stablecoin issuers from offering direct yields or interest to holders. However, they pointed out […]

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New Executive Order to Punish US Banks for Dropping Crypto Customers

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The White House order will involve banks being fined if they drop customers for political reasons or discriminate against digital asset firms and organizations. The executive order directs bank regulators to investigate whether any banks or financial institutions might have violated the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws, reported The

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Crypto Fever Reaches German Banking Giants—Retail Trading Coming by 2026

Leave a Comment / Altcoins, Banks, Blockchain, blockchain technology, Crypto News, Cryptocurrency, digital currency, Germany / best time

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Sparkassen‑Finanzgruppe, Germany’s biggest savings bank network, plans to let over 50 million customers trade crypto by summer 2026. This marks a major transformation in Germany’s financial landscape. Sparkassen once blocked crypto buys in 2015, calling them too risky and volatile. Now it’s preparing to

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South Korean Neobanking Heavyweights Kakao Bank, Toss to Expand Crypto Operations

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Kakao Bank and Toss Bank, two of South Korea’s biggest neobanking players, are set to expand their range of crypto and stablecoin-related operations. Per a report from Yonhap’s Infomax, Kakao Bank is set to broaden the range of its partnership with the domestic crypto exchange player Coinone. The top 5 coins by trading volume on

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OCC Gives Banks the Green Light to Offer Bitcoin and Crypto Custody and Trading Services

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Bitcoin Magazine OCC Gives Banks the Green Light to Offer Bitcoin and Crypto Custody and Trading Services The Office of the Comptroller of the Currency (OCC) has issued new guidance confirming that national banks and federal savings associations can engage in crypto-asset custody and trading services. This clarification comes in Interpretive Letter 1184, which outlines

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