Rain is the latest digital asset company seeking to launch a national trust bank. The stablecoin payments infrastructure company announced Monday (Oct. 5) that it...
The crypto industry bet the farm on traditional finance ultimately migrating onto public blockchains rather than retreating behind permissioned networks. The cows are now coming...
Money movement infrastructure company Modern Treasury says it wants to establish a national trust bank. The company announced Monday (Oct. 5) that it had applied...
Two U.S. Senators are opposing OppFi’s attempt to acquire a national bank. Democrats Chris Van Hollen of Maryland and Elizabeth Warren of Massachusetts wrote to...
Moving money faster has compressed the time banks have to answer a more complicated question: How should this particular payment move? A transaction can arrive...
China has reportedly closed almost 25% of its banks amid increased oversight of smaller lenders. The world’s second largest economy shuttered a record 670-plus banks...
Independent Community Bankers of America sued the Office of the Comptroller of the Currency, alleging that the regulator authorized cryptocurrency firms to enter the banking system without...
BNY and Kraken parent company Payward are discussing a partnership that would span digital assets and financial market infrastructure, CoinDesk reported Friday (Oct. 2), citing unnamed sources. The agreement could include...