Credit unions and industry partners can work together to understand where digital assets could be useful, Velera SVP, Emerging Services Scott P. Young writes in a...
A bank can hold digital dollars for its clients, help issue them with other institutions and use a payment network to settle obligations in them....
Deutsche Bank on Wednesday (Nov. 11) made its digital asset custody service available to paying clients. That’s per a report from Reuters, which noted this...
A group of banking giants have reportedly pledged roughly $270 million in financing toward a joint stablecoin venture. The banks included Goldman Sachs, Citigroup, Santander...
The hackers behind last month’s historic heist at Binance are using memecoins to launder some of the proceeds. The hackers, believed to have ties to...
The Clarity Act may be dead in its current form after Democrats swept the midterm elections, but the drive to establish federal crypto market structure...
PNC Bank is making incoming USDC stablecoin payments available to its corporate and institutional clients. These clients can now receive payments in the dollar-backed USDC...
Coinbase has reportedly gotten regulatory approval to establish a nationally-chartered trust bank. The approval by the U.S. Office of the Comptroller of the Currency (OCC)...
Federal regulators have withdrawn plans that would have expanded reporting requirements around cryptocurrency transactions. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and Federal Reserve...